Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.26% | +0.44 | 1.82% |
| Return on Equity (%) | ▲ | 17.35% | +2.49 | 14.86% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.54 | 3.39% |
| Efficiency Ratio (%) | ▲ | 38.07% | -6.10 | 44.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▼ | 1.85% | +0.06 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +12.08 | $169 |
| Gross Loans ($M) | ▲ | $125 | +9.30 | $115 |
| Loan Growth YoY (%) | ▲ | 81.33% | +3.84 | 77.49% |
| Total Deposits ($M) | ▲ | $151 | +4.60 | $147 |
| Shareholders Equity ($M) | ▲ | $24 | +3.03 | $21 |
| Tang. Book Value ($M) | ▲ | $24 | +3.03 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +3.51 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 81.33% | +3.84 | 77.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.17% | -0.43 | 0.60% |
| Allowance / Loans (%) | — | 1.25% | -0.16% | 1.42% |
| Net Charge-Off Ratio (%) | ▲ | 0.25% | -0.63 | 0.88% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▁▂▃█ | Net Interest Margin (%) | 3.44% | 3.44% | 3.41% | 3.39% | 3.43% | 3.51% | 3.58% | 3.93% |
| ▁▁▁▂▃▃▄█ | Return on Assets (%) | 1.75% | 1.76% | 1.70% | 1.82% | 1.84% | 1.88% | 1.93% | 2.26% |
| ███▅▅▆▅▁ | Efficiency Ratio (%) | 48.1% | 48.3% | 49.3% | 44.2% | 44.9% | 45.2% | 43.7% | 38.1% |
| ▅█▇▁▁▂▁▃ | Cost of Funds (%) | 1.90% | 2.01% | 1.96% | 1.79% | 1.79% | 1.82% | 1.77% | 1.85% |
| ▅▃▆█▇▃▁▁ | NPA / Assets (%) | 0.40% | 0.32% | 0.45% | 0.60% | 0.52% | 0.32% | 0.17% | 0.17% |
| ▄▃▅█▇▃▁▁ | Net Charge-Off Ratio (%) | 0.56% | 0.44% | 0.63% | 0.88% | 0.76% | 0.47% | 0.25% | 0.25% |
| ▁▃▁▃▅▇▇█ | Tang. Book Value ($M) | $20 | $21 | $20 | $21 | $22 | $24 | $24 | $24 |
| ▁▄▇▂▄▃█▇ | Gross Loans ($M) | $112 | $118 | $124 | $115 | $118 | $117 | $127 | $125 |
| ▁▁▄▄▅▄█▆ | Total Deposits ($M) | $137 | $140 | $146 | $147 | $149 | $147 | $159 | $151 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 12% |
| Agricultural | 20% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 6% |