Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.09% | -0.22 | 2.30% |
| Return on Equity (%) | ▼ | 18.65% | -5.59 | 24.24% |
| Net Interest Margin (%) | ▼ | 4.67% | -0.13 | 4.81% |
| Efficiency Ratio (%) | ▼ | 57.67% | +3.07 | 54.60% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▲ | 0.33% | -0.02 | 0.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $137 | +5.48 | $132 |
| Gross Loans ($M) | ▲ | $55 | +7.62 | $47 |
| Loan Growth YoY (%) | ▲ | 43.00% | +5.10 | 37.90% |
| Total Deposits ($M) | ▲ | $122 | +3.20 | $119 |
| Shareholders Equity ($M) | ▲ | $15 | +2.36 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +2.36 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.24 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 43.00% | +5.10 | 37.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.18 | 0.15% |
| Allowance / Loans (%) | — | 3.84% | -0.22% | 4.06% |
| Net Charge-Off Ratio (%) | ▼ | 0.83% | +0.42 | 0.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 30.91% | -0.53 | 31.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▆▆██▅▅▁ | Net Interest Margin (%) | 4.73% | 4.77% | 4.77% | 4.81% | 4.82% | 4.76% | 4.76% | 4.67% |
| ▁▁▂█▇▆▆▂ | Return on Assets (%) | 2.08% | 2.05% | 2.08% | 2.30% | 2.26% | 2.22% | 2.24% | 2.09% |
| ▇██▁▂▂▂▅ | Efficiency Ratio (%) | 59.2% | 60.1% | 59.5% | 54.6% | 55.5% | 55.6% | 55.3% | 57.7% |
| ▁█▄▄▁▄▂▁ | Cost of Funds (%) | 0.33% | 0.38% | 0.35% | 0.35% | 0.33% | 0.35% | 0.34% | 0.33% |
| ▂▁▁▁█▆▇▄ | NPA / Assets (%) | 0.21% | 0.17% | 0.13% | 0.15% | 0.62% | 0.45% | 0.51% | 0.33% |
| ▁▁▁▁█▆▆▃ | Net Charge-Off Ratio (%) | 0.48% | 0.39% | 0.35% | 0.41% | 1.77% | 1.31% | 1.36% | 0.83% |
| ▁▄▃▃▅▇█▇ | Tang. Book Value ($M) | $11 | $13 | $12 | $13 | $14 | $15 | $16 | $15 |
| ▆▇▄▁▄▄██ | Gross Loans ($M) | $52 | $53 | $50 | $47 | $51 | $50 | $54 | $55 |
| ▁▁▅▅██▇▆ | Total Deposits ($M) | $109 | $106 | $121 | $119 | $131 | $129 | $127 | $122 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 9% |
| Agricultural | 7% |
| Consumer | 10% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 52% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 1% |