Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.32% | +0.37 | 0.94% |
| Return on Equity (%) | ▲ | 18.24% | +1.52 | 16.72% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.51 | 3.35% |
| Efficiency Ratio (%) | ▲ | 59.64% | -10.09 | 69.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $0 |
| Cost of Funds (%) | ▲ | 1.52% | -0.31 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $175 | +12.64 | $162 |
| Gross Loans ($M) | ▲ | $90 | +5.29 | $85 |
| Loan Growth YoY (%) | ▲ | 57.13% | +0.61 | 56.52% |
| Total Deposits ($M) | ▲ | $156 | +7.61 | $149 |
| Shareholders Equity ($M) | ▲ | $13 | +3.18 | $9 |
| Tang. Book Value ($M) | ▲ | $13 | +3.18 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +3.75 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 57.13% | +0.61 | 56.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.06 | 0.09% |
| Allowance / Loans (%) | — | 1.09% | -0.03% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.12 | 0.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▅█ | Net Interest Margin (%) | 3.16% | 3.10% | 3.07% | 3.35% | 3.42% | 3.47% | 3.51% | 3.86% |
| ▃▂▁▂▄▄▄█ | Return on Assets (%) | 1.00% | 0.92% | 0.85% | 0.94% | 1.04% | 1.06% | 1.07% | 1.32% |
| ▆███▆▅▅▁ | Efficiency Ratio (%) | 67.6% | 69.6% | 71.0% | 69.7% | 67.5% | 66.4% | 66.0% | 59.6% |
| ▆▇█▄▅▃▂▁ | Cost of Funds (%) | 1.94% | 2.07% | 2.16% | 1.83% | 1.90% | 1.75% | 1.66% | 1.52% |
| █▆█▅▂▂▁▂ | NPA / Assets (%) | 0.14% | 0.11% | 0.15% | 0.09% | 0.03% | 0.02% | 0.00% | 0.02% |
| █▆█▅▂▁▁▂ | Net Charge-Off Ratio (%) | 0.27% | 0.21% | 0.28% | 0.17% | 0.06% | 0.01% | 0.01% | 0.04% |
| ▁▄▁▃▃▆██ | Tang. Book Value ($M) | $8 | $10 | $9 | $9 | $9 | $12 | $12 | $13 |
| ▄▁▂▃▆▃▅█ | Gross Loans ($M) | $86 | $83 | $84 | $85 | $88 | $85 | $87 | $90 |
| ▁▁▁▄▁▃▆█ | Total Deposits ($M) | $144 | $143 | $143 | $149 | $144 | $147 | $152 | $156 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 14% |
| Agricultural | 10% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 22% |