Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.19% | -0.73 | 1.92% |
| Return on Equity (%) | ▼ | 7.87% | -4.56 | 12.43% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.13 | 4.01% |
| Efficiency Ratio (%) | ▲ | 51.93% | -3.27 | 55.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.76% | -0.19 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $204 | +11.31 | $193 |
| Gross Loans ($M) | ▲ | $100 | +10.01 | $90 |
| Loan Growth YoY (%) | ▲ | 62.93% | +3.96 | 58.97% |
| Total Deposits ($M) | ▲ | $158 | +6.42 | $151 |
| Shareholders Equity ($M) | ▲ | $30 | +0.91 | $29 |
| Tang. Book Value ($M) | ▲ | $17 | +1.97 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +2.07 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 62.93% | +3.96 | 58.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.13% | -0.10 | 0.23% |
| Allowance / Loans (%) | — | 1.06% | -0.14% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.22 | 0.49% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.90% | +0.06 | 11.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▇▁▁▂▂▃ | Net Interest Margin (%) | 4.43% | 4.36% | 4.36% | 4.01% | 4.05% | 4.06% | 4.07% | 4.13% |
| ▁▁▁█▅▄▄▃ | Return on Assets (%) | 0.77% | 0.82% | 0.89% | 1.92% | 1.48% | 1.29% | 1.21% | 1.19% |
| ▃▂▃█▆▆█▁ | Efficiency Ratio (%) | 53.1% | 52.7% | 53.1% | 55.2% | 54.3% | 54.3% | 55.0% | 51.9% |
| █▇▆▅▇▄▅▁ | Cost of Funds (%) | 2.06% | 2.00% | 1.98% | 1.94% | 2.00% | 1.87% | 1.92% | 1.76% |
| █▆▆▄▄▂▂▁ | NPA / Assets (%) | 0.34% | 0.27% | 0.27% | 0.23% | 0.22% | 0.17% | 0.17% | 0.13% |
| █▆▆▆▅▂▂▁ | Net Charge-Off Ratio (%) | 0.61% | 0.51% | 0.51% | 0.49% | 0.45% | 0.34% | 0.34% | 0.27% |
| ▁▃▂▄▅▇█▇ | Tang. Book Value ($M) | $13 | $15 | $14 | $15 | $15 | $16 | $17 | $17 |
| ▁▁▂▂▄███ | Gross Loans ($M) | $87 | $88 | $89 | $90 | $93 | $101 | $100 | $100 |
| ▁▁▁▅▅▇█▇ | Total Deposits ($M) | $141 | $143 | $142 | $151 | $152 | $157 | $161 | $158 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 14% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |