Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.73 | 0.66% |
| Return on Equity (%) | ▲ | 13.98% | +7.11 | 6.87% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.19 | 4.41% |
| Efficiency Ratio (%) | ▲ | 67.91% | -7.26 | 75.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $0 |
| Cost of Funds (%) | ▲ | 1.49% | -0.07 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $158 | +12.28 | $145 |
| Gross Loans ($M) | ▲ | $104 | +7.65 | $96 |
| Loan Growth YoY (%) | ▼ | 74.48% | -0.02 | 74.50% |
| Total Deposits ($M) | ▲ | $138 | +10.59 | $127 |
| Shareholders Equity ($M) | ▲ | $15 | +1.57 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.57 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.69 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 74.48% | -0.02 | 74.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.11 | 0.22% |
| Allowance / Loans (%) | — | 0.99% | -0.30% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.18 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▄▁▄▇█▆ | Net Interest Margin (%) | 4.49% | 4.50% | 4.53% | 4.41% | 4.52% | 4.63% | 4.67% | 4.59% |
| ▇▇█▁▅▆▅█ | Return on Assets (%) | 1.24% | 1.23% | 1.31% | 0.66% | 1.03% | 1.14% | 1.10% | 1.39% |
| ▂▂▃█▄▄▇▁ | Efficiency Ratio (%) | 68.8% | 69.4% | 70.0% | 75.2% | 71.1% | 71.1% | 73.4% | 67.9% |
| ▁▄█▅▅▄▄▃ | Cost of Funds (%) | 1.42% | 1.53% | 1.66% | 1.56% | 1.56% | 1.54% | 1.54% | 1.49% |
| ▂▇▂▂█▅▁█ | NPA / Assets (%) | 0.22% | 0.33% | 0.20% | 0.22% | 0.36% | 0.29% | 0.18% | 0.33% |
| ▅█▁▅█▇▄█ | Net Charge-Off Ratio (%) | 0.32% | 0.48% | 0.09% | 0.33% | 0.52% | 0.42% | 0.26% | 0.51% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $13 | $14 | $13 | $14 | $14 | $15 | $15 | $15 |
| ▁▁▂▁▅▆█▇ | Gross Loans ($M) | $95 | $96 | $97 | $96 | $101 | $102 | $105 | $104 |
| ▁▁▁▃▅▄▆█ | Total Deposits ($M) | $121 | $123 | $121 | $127 | $129 | $129 | $133 | $138 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 24% |
| Agricultural | 7% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 8% |