Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.09% | +1.26 | 0.84% |
| Return on Equity (%) | ▲ | 21.91% | +11.14 | 10.77% |
| Net Interest Margin (%) | ▲ | 4.71% | +1.13 | 3.58% |
| Efficiency Ratio (%) | ▲ | 55.67% | -21.21 | 76.87% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.49 | $0 |
| Cost of Funds (%) | ▲ | 1.06% | -0.10 | 1.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $151 | -2.18 | $153 |
| Gross Loans ($M) | ▲ | $81 | +5.16 | $76 |
| Loan Growth YoY (%) | ▲ | 60.66% | +5.37 | 55.29% |
| Total Deposits ($M) | ▼ | $132 | -3.53 | $136 |
| Shareholders Equity ($M) | ▲ | $15 | +2.59 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +2.59 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +2.20 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 60.66% | +5.37 | 55.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.21 | 0.43% |
| Allowance / Loans (%) | — | 1.49% | -0.07% | 1.56% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.15 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▂▃█ | Net Interest Margin (%) | 3.57% | 3.47% | 3.54% | 3.58% | 3.67% | 3.74% | 3.80% | 4.71% |
| ▁▁▁▁▂▂▂█ | Return on Assets (%) | 0.93% | 0.89% | 0.81% | 0.84% | 0.98% | 1.06% | 1.11% | 2.09% |
| ████▇▆▆▁ | Efficiency Ratio (%) | 78.5% | 77.0% | 78.2% | 76.9% | 73.0% | 71.4% | 70.0% | 55.7% |
| ▁▁▅█▅▆▆▃ | Cost of Funds (%) | 1.01% | 1.01% | 1.10% | 1.17% | 1.11% | 1.12% | 1.12% | 1.06% |
| ▇▆▅▄█▅▁▁ | NPA / Assets (%) | 0.68% | 0.62% | 0.51% | 0.43% | 0.79% | 0.50% | 0.15% | 0.21% |
| ▂▁▂▁█▂▁▂ | Net Charge-Off Ratio (%) | 0.37% | 0.32% | 0.34% | 0.25% | 0.94% | 0.35% | 0.28% | 0.40% |
| ▁▅▁▃▃▇██ | Tang. Book Value ($M) | $10 | $12 | $10 | $11 | $11 | $13 | $13 | $14 |
| ▁▂▄▅▅▆██ | Gross Loans ($M) | $68 | $70 | $73 | $76 | $75 | $78 | $82 | $81 |
| ▁█▄█▅▄▆▆ | Total Deposits ($M) | $122 | $135 | $127 | $136 | $129 | $128 | $132 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 17% |
| Agricultural | 13% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 5% |