Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.05 | 0.94% |
| Return on Equity (%) | ▼ | 12.55% | -1.45 | 14.00% |
| Net Interest Margin (%) | ▲ | 2.93% | +0.14 | 2.79% |
| Efficiency Ratio (%) | ▲ | 60.22% | -2.41 | 62.63% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▼ | 1.16% | +0.08 | 1.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $156 | +10.47 | $145 |
| Gross Loans ($M) | ▲ | $62 | +2.76 | $59 |
| Loan Growth YoY (%) | ▼ | 42.69% | -0.65 | 43.35% |
| Total Deposits ($M) | ▲ | $143 | +8.31 | $135 |
| Shareholders Equity ($M) | ▲ | $12 | +2.07 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +2.07 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.29 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 42.69% | -0.65 | 43.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.13 | 0.23% |
| Allowance / Loans (%) | — | 1.41% | 0.10% | 1.31% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.34 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.18% | +1.07 | 23.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▇███ | Net Interest Margin (%) | 2.65% | 2.69% | 2.73% | 2.79% | 2.87% | 2.92% | 2.94% | 2.93% |
| ▁▁▂▆▇█▇█ | Return on Assets (%) | 0.83% | 0.84% | 0.86% | 0.94% | 0.96% | 0.99% | 0.97% | 0.99% |
| ▇██▅▃▂▂▁ | Efficiency Ratio (%) | 64.0% | 64.6% | 64.7% | 62.6% | 61.8% | 61.1% | 61.3% | 60.2% |
| ▁▃▃▃▅███ | Cost of Funds (%) | 1.03% | 1.08% | 1.08% | 1.08% | 1.11% | 1.16% | 1.16% | 1.16% |
| ▁▇▁▄▁█▅█ | NPA / Assets (%) | 0.17% | 0.32% | 0.15% | 0.23% | 0.15% | 0.37% | 0.26% | 0.36% |
| ▂▇▁▄▁█▅█ | Net Charge-Off Ratio (%) | 0.43% | 0.77% | 0.38% | 0.57% | 0.36% | 0.89% | 0.66% | 0.90% |
| ▁▄▃▄▆▇██ | Tang. Book Value ($M) | $8 | $10 | $9 | $10 | $11 | $12 | $12 | $12 |
| ▁▂▃▅▇███ | Gross Loans ($M) | $55 | $57 | $57 | $59 | $61 | $62 | $63 | $62 |
| ▂▁▃▄▅▅██ | Total Deposits ($M) | $130 | $128 | $133 | $135 | $137 | $137 | $143 | $143 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 14% |
| Agricultural | 6% |
| Consumer | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 3% |