Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.19 | 1.52% |
| Return on Equity (%) | ▲ | 21.63% | +0.78 | 20.85% |
| Net Interest Margin (%) | ▲ | 3.77% | +0.16 | 3.62% |
| Efficiency Ratio (%) | ▲ | 45.74% | -5.18 | 50.92% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 2.65% | -0.12 | 2.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $254 | +44.06 | $210 |
| Gross Loans ($M) | ▲ | $205 | +37.61 | $167 |
| Loan Growth YoY (%) | ▲ | 92.21% | +3.87 | 88.34% |
| Total Deposits ($M) | ▲ | $220 | +32.55 | $187 |
| Shareholders Equity ($M) | ▲ | $22 | +6.45 | $16 |
| Tang. Book Value ($M) | ▲ | $22 | +6.45 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +6.55 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 92.21% | +3.87 | 88.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.27 | 0.30% |
| Allowance / Loans (%) | — | 1.14% | -0.05% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.34 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.46% | +1.18 | 10.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▆███ | Net Interest Margin (%) | 3.31% | 3.39% | 3.44% | 3.62% | 3.68% | 3.78% | 3.84% | 3.77% |
| ▁▁▁▄▆██▇ | Return on Assets (%) | 1.32% | 1.31% | 1.32% | 1.52% | 1.64% | 1.73% | 1.79% | 1.71% |
| ███▄▃▂▁▁ | Efficiency Ratio (%) | 57.4% | 56.7% | 56.0% | 50.9% | 49.4% | 48.1% | 46.8% | 45.7% |
| ▅▃▆█▄▅▁▄ | Cost of Funds (%) | 2.68% | 2.62% | 2.71% | 2.78% | 2.66% | 2.68% | 2.56% | 2.65% |
| ██▅█▄▆▆▁ | NPA / Assets (%) | 0.30% | 0.28% | 0.16% | 0.30% | 0.15% | 0.22% | 0.21% | 0.03% |
| ██▄█▄▆▅▁ | Net Charge-Off Ratio (%) | 0.38% | 0.35% | 0.20% | 0.37% | 0.19% | 0.27% | 0.24% | 0.03% |
| ▁▂▁▂▃▄▃█ | Tang. Book Value ($M) | $14 | $16 | $15 | $16 | $17 | $18 | $17 | $22 |
| ▁▂▃▃▅▆██ | Gross Loans ($M) | $147 | $156 | $166 | $167 | $176 | $186 | $202 | $205 |
| ▁▁▁▃▄▅▆█ | Total Deposits ($M) | $173 | $174 | $177 | $187 | $195 | $200 | $207 | $220 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 9% |
| Agricultural | 15% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 8% |