Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.87% | -0.02 | 0.90% |
| Return on Equity (%) | ▼ | 10.88% | -2.38 | 13.26% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.10 | 3.21% |
| Efficiency Ratio (%) | ▲ | 61.18% | -0.17 | 61.36% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 2.54% | -0.41 | 2.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $149 | +8.46 | $141 |
| Gross Loans ($M) | ▲ | $92 | +4.04 | $88 |
| Loan Growth YoY (%) | ▲ | 67.11% | +0.00 | 67.11% |
| Total Deposits ($M) | ▲ | $136 | +6.07 | $130 |
| Shareholders Equity ($M) | ▲ | $12 | +2.26 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +2.26 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +2.57 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 67.11% | +0.00 | 67.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.07% | +0.01 | 1.06% |
| Allowance / Loans (%) | — | 0.98% | -0.09% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 1.63% | -0.06 | 1.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.60% | +1.64 | 10.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▂▁▂▅▇█ | Net Interest Margin (%) | 3.28% | 3.27% | 3.23% | 3.21% | 3.22% | 3.26% | 3.28% | 3.31% |
| ▅▁▁▅▅▆█▄ | Return on Assets (%) | 0.90% | 0.80% | 0.80% | 0.90% | 0.90% | 0.94% | 0.99% | 0.87% |
| █▅▇▅▄▁▁▄ | Efficiency Ratio (%) | 62.4% | 61.3% | 62.1% | 61.4% | 61.3% | 60.2% | 60.4% | 61.2% |
| ███▅▅▅▃▁ | Cost of Funds (%) | 3.20% | 3.23% | 3.18% | 2.95% | 2.95% | 2.93% | 2.76% | 2.54% |
| ▁▆▆█▇▅██ | NPA / Assets (%) | 0.41% | 0.91% | 0.93% | 1.06% | 0.94% | 0.79% | 1.11% | 1.07% |
| ▁▆▆█▇▅██ | Net Charge-Off Ratio (%) | 0.59% | 1.33% | 1.41% | 1.69% | 1.43% | 1.22% | 1.70% | 1.63% |
| ▁▃▁▂▅███ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $11 | $12 | $12 | $12 |
| ▃▇▆▁▄▃▆█ | Gross Loans ($M) | $89 | $91 | $91 | $88 | $90 | $89 | $91 | $92 |
| ▁▂▄▅██▆█ | Total Deposits ($M) | $119 | $123 | $127 | $130 | $135 | $136 | $131 | $136 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 27% |
| Agricultural | 8% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 34% |