Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.13 | 1.41% |
| Return on Equity (%) | ▲ | 14.02% | +0.18 | 13.84% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.08 | 4.22% |
| Efficiency Ratio (%) | ▲ | 52.73% | -3.49 | 56.22% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.53% | -0.09 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $134 | +2.80 | $131 |
| Gross Loans ($M) | ▲ | $76 | +0.87 | $75 |
| Loan Growth YoY (%) | ▼ | 61.95% | -0.64 | 62.59% |
| Total Deposits ($M) | ▲ | $120 | +2.61 | $117 |
| Shareholders Equity ($M) | ▲ | $14 | +0.12 | $14 |
| Tang. Book Value ($M) | ▲ | $14 | +0.12 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +0.28 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 61.95% | -0.64 | 62.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.04 | 0.09% |
| Allowance / Loans (%) | — | 1.80% | -0.03% | 1.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.06 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.60% | -2.55 | 20.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▁▁▇█▅█ | Net Interest Margin (%) | 4.26% | 4.25% | 4.23% | 4.22% | 4.29% | 4.31% | 4.27% | 4.31% |
| █▅▄▁▃▂▇█ | Return on Assets (%) | 1.52% | 1.48% | 1.47% | 1.41% | 1.44% | 1.43% | 1.51% | 1.53% |
| ▅███▆▆▄▁ | Efficiency Ratio (%) | 55.2% | 56.3% | 56.7% | 56.2% | 55.3% | 55.4% | 54.3% | 52.7% |
| ▂██▃▂▃▂▁ | Cost of Funds (%) | 1.57% | 1.75% | 1.77% | 1.62% | 1.58% | 1.59% | 1.57% | 1.53% |
| ▂▁▁▆▇█▆█ | NPA / Assets (%) | 0.04% | 0.01% | 0.02% | 0.09% | 0.10% | 0.13% | 0.09% | 0.13% |
| ▂▁▁▆▆█▆█ | Net Charge-Off Ratio (%) | 0.07% | 0.02% | 0.03% | 0.16% | 0.17% | 0.22% | 0.17% | 0.23% |
| ▁▃▁▃▄▇█▃ | Tang. Book Value ($M) | $13 | $14 | $13 | $14 | $14 | $15 | $16 | $14 |
| ▁██▃▆▄▂▄ | Gross Loans ($M) | $72 | $79 | $80 | $75 | $77 | $76 | $74 | $76 |
| ▁▃▇▆▆▅██ | Total Deposits ($M) | $106 | $111 | $118 | $117 | $116 | $115 | $121 | $120 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 6% |
| Agricultural | 12% |
| Consumer | 22% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 15% |