Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.01% | -0.15 | 1.16% |
| Return on Equity (%) | ▼ | 9.59% | -2.00 | 11.59% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.29 | 3.53% |
| Efficiency Ratio (%) | ▲ | 62.26% | -5.92 | 68.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.80% | -0.15 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $140 | +5.00 | $135 |
| Gross Loans ($M) | ▲ | $94 | +12.92 | $81 |
| Loan Growth YoY (%) | ▲ | 75.21% | +8.20 | 67.01% |
| Total Deposits ($M) | ▲ | $124 | +3.70 | $121 |
| Shareholders Equity ($M) | ▲ | $15 | +1.30 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.30 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.23 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 75.21% | +8.20 | 67.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.46% | +0.46 | 0.01% |
| Allowance / Loans (%) | — | 1.00% | 0.15% | 0.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.68% | +0.68 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.91% | -1.63 | 17.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▆▇██ | Net Interest Margin (%) | 3.36% | 3.44% | 3.44% | 3.53% | 3.65% | 3.74% | 3.81% | 3.81% |
| ▁▃▂▅▇██▄ | Return on Assets (%) | 0.78% | 0.94% | 0.86% | 1.16% | 1.30% | 1.35% | 1.39% | 1.01% |
| █▆█▆▂▁▁▂ | Efficiency Ratio (%) | 71.9% | 68.0% | 70.6% | 68.2% | 62.5% | 60.1% | 61.5% | 62.3% |
| ▅▇█▄▆▂▄▁ | Cost of Funds (%) | 1.99% | 2.06% | 2.13% | 1.95% | 2.02% | 1.88% | 1.96% | 1.80% |
| ▁▁▁▁▃██▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.21% | 0.75% | 0.76% | 0.46% |
| ▁▁▁▁▃██▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.32% | 1.08% | 1.11% | 0.68% |
| ▁▄▃▄▅▇██ | Tang. Book Value ($M) | $12 | $13 | $13 | $13 | $14 | $14 | $15 | $15 |
| ▁▂▂▂▆███ | Gross Loans ($M) | $78 | $80 | $81 | $81 | $89 | $93 | $94 | $94 |
| ▂▁▃▆▅▂▇█ | Total Deposits ($M) | $114 | $110 | $115 | $121 | $119 | $113 | $122 | $124 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 6% |
| Agricultural | 18% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |