Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.36 | 1.48% |
| Return on Equity (%) | ▲ | 18.49% | +1.24 | 17.25% |
| Net Interest Margin (%) | ▲ | 3.26% | +0.47 | 2.79% |
| Efficiency Ratio (%) | ▲ | 41.42% | -3.01 | 44.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.48 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $242 | +0.54 | $241 |
| Gross Loans ($M) | ▲ | $150 | +7.29 | $142 |
| Loan Growth YoY (%) | ▲ | 93.97% | +5.81 | 88.16% |
| Total Deposits ($M) | ▼ | $157 | -2.44 | $160 |
| Shareholders Equity ($M) | ▲ | $24 | +3.21 | $21 |
| Tang. Book Value ($M) | ▲ | $24 | +3.21 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +3.27 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 93.97% | +5.81 | 88.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.32 | 0.32% |
| Allowance / Loans (%) | — | 1.12% | 0.15% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.55 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.28% | +1.57 | 14.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▃█ | Net Interest Margin (%) | 2.67% | 2.70% | 2.71% | 2.79% | 2.86% | 2.91% | 2.88% | 3.26% |
| ▂▃▁▄▅▆▃█ | Return on Assets (%) | 1.35% | 1.41% | 1.22% | 1.48% | 1.58% | 1.65% | 1.41% | 1.84% |
| ▅▄█▃▂▁▅▁ | Efficiency Ratio (%) | 47.3% | 45.4% | 52.1% | 44.4% | 42.6% | 41.0% | 47.9% | 41.4% |
| ▇██▅▅▅▇▁ | Cost of Funds (%) | 2.32% | 2.42% | 2.45% | 2.14% | 2.15% | 2.13% | 2.35% | 1.67% |
| ▁▁▅█▁▃▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.17% | 0.32% | 0.00% | 0.09% | 0.00% | 0.00% |
| ▁▁▄█▁▂▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.26% | 0.55% | 0.00% | 0.13% | 0.00% | 0.00% |
| ▁▄▂▃▄███ | Tang. Book Value ($M) | $19 | $22 | $20 | $21 | $22 | $24 | $24 | $24 |
| ▅█▇▁▂██▄ | Gross Loans ($M) | $151 | $156 | $155 | $142 | $144 | $156 | $158 | $150 |
| ▂▁▃█▆▁▂▇ | Total Deposits ($M) | $148 | $146 | $150 | $160 | $155 | $146 | $149 | $157 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 6% |
| Agricultural | 31% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |