Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.18 | 0.89% |
| Return on Equity (%) | ▲ | 12.69% | +0.21 | 12.48% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.30 | 3.11% |
| Efficiency Ratio (%) | ▲ | 62.31% | -3.66 | 65.96% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.43% | -0.22 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $147 | +3.81 | $143 |
| Gross Loans ($M) | ▼ | $90 | -2.56 | $92 |
| Loan Growth YoY (%) | ▼ | 66.78% | -4.25 | 71.02% |
| Total Deposits ($M) | ▲ | $133 | +4.41 | $129 |
| Shareholders Equity ($M) | ▲ | $13 | +1.89 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.89 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.96 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 66.78% | -4.25 | 71.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.06 | 0.46% |
| Allowance / Loans (%) | — | 0.76% | -0.01% | 0.77% |
| Net Charge-Off Ratio (%) | ▲ | 0.66% | -0.05 | 0.71% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.53% | +1.49 | 15.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▆▆█ | Net Interest Margin (%) | 2.60% | 2.63% | 2.71% | 3.11% | 3.16% | 3.17% | 3.19% | 3.42% |
| ▁▁▁▅▅▅▄█ | Return on Assets (%) | 0.65% | 0.65% | 0.69% | 0.89% | 0.90% | 0.88% | 0.83% | 1.06% |
| ███▃▃▄▅▁ | Efficiency Ratio (%) | 72.6% | 72.6% | 73.5% | 66.0% | 66.1% | 66.9% | 69.3% | 62.3% |
| ▇█▆▃▄▄▂▁ | Cost of Funds (%) | 1.97% | 2.10% | 1.90% | 1.66% | 1.72% | 1.73% | 1.55% | 1.43% |
| ▄▅▅▂▂▁█▆ | NPA / Assets (%) | 0.48% | 0.49% | 0.49% | 0.46% | 0.46% | 0.43% | 0.55% | 0.52% |
| ▄▇█▄▄▁▂▁ | Net Charge-Off Ratio (%) | 0.71% | 0.76% | 0.78% | 0.71% | 0.71% | 0.66% | 0.69% | 0.66% |
| ▁▃▂▃▅▇▇█ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $12 | $13 |
| █▆▄▃▂▂▂▁ | Gross Loans ($M) | $98 | $95 | $93 | $92 | $91 | $91 | $91 | $90 |
| ▂▄█▃▂▁▆▇ | Total Deposits ($M) | $128 | $130 | $134 | $129 | $128 | $127 | $132 | $133 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 3% |
| Agricultural | 9% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 4% |