Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.21 | 0.77% |
| Return on Equity (%) | ▲ | 12.11% | +0.63 | 11.48% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.35 | 3.76% |
| Efficiency Ratio (%) | ▲ | 69.36% | -4.85 | 74.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.77% | -0.26 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $162 | +3.75 | $159 |
| Gross Loans ($M) | ▲ | $96 | +3.09 | $93 |
| Loan Growth YoY (%) | ▲ | 64.50% | +1.45 | 63.05% |
| Total Deposits ($M) | ▲ | $146 | +1.45 | $145 |
| Shareholders Equity ($M) | ▲ | $13 | +2.26 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +2.26 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.02 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 64.50% | +1.45 | 63.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.95% | +0.31 | 0.63% |
| Allowance / Loans (%) | — | 1.32% | 0.01% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.97% | +0.35 | 0.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.32% | +0.73 | 12.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▇▇██ | Net Interest Margin (%) | 3.68% | 3.74% | 3.76% | 3.76% | 4.05% | 4.06% | 4.16% | 4.11% |
| ▁▁▂▃▇▆▆█ | Return on Assets (%) | 0.67% | 0.68% | 0.74% | 0.77% | 0.90% | 0.90% | 0.90% | 0.98% |
| ██▇▆▄▅▄▁ | Efficiency Ratio (%) | 76.1% | 76.4% | 75.4% | 74.2% | 72.7% | 73.0% | 72.1% | 69.4% |
| ▇█▅▄▃▄▁▁ | Cost of Funds (%) | 2.20% | 2.34% | 2.09% | 2.02% | 1.96% | 2.00% | 1.78% | 1.77% |
| ▅▂▁▄▃█▆█ | NPA / Assets (%) | 0.72% | 0.45% | 0.35% | 0.63% | 0.59% | 1.02% | 0.81% | 0.95% |
| ▄▂▁▁▁█▅▅ | Net Charge-Off Ratio (%) | 0.96% | 0.73% | 0.64% | 0.62% | 0.61% | 1.33% | 1.03% | 0.97% |
| ▁▃▁▃▄▆██ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $13 | $13 |
| ▁▂▁▄▄▇▇█ | Gross Loans ($M) | $91 | $92 | $91 | $93 | $93 | $95 | $95 | $96 |
| ▁▁▇▆▇▆█▇ | Total Deposits ($M) | $128 | $130 | $147 | $145 | $147 | $144 | $151 | $146 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 9% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 15% |