Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.14 | 1.34% |
| Return on Equity (%) | ▲ | 16.85% | +1.88 | 14.97% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.19 | 3.76% |
| Efficiency Ratio (%) | ▲ | 58.67% | -2.81 | 61.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 2.42% | -0.30 | 2.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $252 | +27.75 | $225 |
| Gross Loans ($M) | ▲ | $217 | +25.86 | $191 |
| Loan Growth YoY (%) | ▲ | 97.75% | +4.42 | 93.33% |
| Total Deposits ($M) | ▲ | $220 | +17.09 | $203 |
| Shareholders Equity ($M) | ▲ | $22 | +1.57 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +1.57 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 97.75% | +4.42 | 93.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.08 | 0.16% |
| Allowance / Loans (%) | — | 1.00% | -0.04% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.09 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.54% | -0.60 | 11.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆████ | Net Interest Margin (%) | 3.31% | 3.43% | 3.51% | 3.76% | 3.89% | 3.91% | 3.91% | 3.95% |
| ▁▂▃▇▇▇▇█ | Return on Assets (%) | 0.70% | 0.83% | 0.95% | 1.34% | 1.35% | 1.36% | 1.34% | 1.48% |
| █▇▆▂▂▂▂▁ | Efficiency Ratio (%) | 75.1% | 72.3% | 70.1% | 61.5% | 61.7% | 61.4% | 61.7% | 58.7% |
| ▇█▅▄▄▃▁▁ | Cost of Funds (%) | 2.99% | 3.12% | 2.84% | 2.72% | 2.73% | 2.62% | 2.49% | 2.42% |
| ▁▁▁▃███▂ | NPA / Assets (%) | 0.00% | 0.03% | 0.02% | 0.16% | 0.54% | 0.51% | 0.57% | 0.08% |
| ▁▁▁▃██▆▂ | Net Charge-Off Ratio (%) | 0.00% | 0.03% | 0.02% | 0.18% | 0.63% | 0.59% | 0.40% | 0.09% |
| ▁▁▄▅▆▇▆█ | Tang. Book Value ($M) | $19 | $19 | $20 | $21 | $21 | $21 | $21 | $22 |
| ▁▁▄▃▃▄▆█ | Gross Loans ($M) | $181 | $185 | $196 | $191 | $193 | $197 | $206 | $217 |
| ▁▁▁▅▅▄▄█ | Total Deposits ($M) | $183 | $186 | $185 | $203 | $202 | $198 | $198 | $220 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 42% |
| C&I / Commercial | 27% |
| Agricultural | 13% |
| Consumer | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 24% |