Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.27 | 1.23% |
| Return on Equity (%) | ▲ | 12.97% | +0.44 | 12.53% |
| Net Interest Margin (%) | ▲ | 3.53% | +0.06 | 3.47% |
| Efficiency Ratio (%) | ▲ | 58.06% | -6.94 | 64.99% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.27% | -0.08 | 1.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $148 | +11.01 | $137 |
| Gross Loans ($M) | ▼ | $58 | -2.95 | $61 |
| Loan Growth YoY (%) | ▼ | 44.65% | -5.20 | 49.85% |
| Total Deposits ($M) | ▲ | $129 | +7.64 | $122 |
| Shareholders Equity ($M) | ▲ | $17 | +3.31 | $14 |
| Tang. Book Value ($M) | ▲ | $17 | +3.31 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +3.75 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 44.65% | -5.20 | 49.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.08 | 0.12% |
| Allowance / Loans (%) | — | 0.54% | -0.02% | 0.55% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.17 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▆▁▅▆█▃ | Net Interest Margin (%) | 3.56% | 3.55% | 3.60% | 3.47% | 3.58% | 3.59% | 3.65% | 3.53% |
| ▅▄▆▁▄▅█▇ | Return on Assets (%) | 1.43% | 1.40% | 1.45% | 1.23% | 1.37% | 1.43% | 1.57% | 1.50% |
| ▂▃▂█▃▃▁▂ | Efficiency Ratio (%) | 58.1% | 59.7% | 58.4% | 65.0% | 59.9% | 59.2% | 56.9% | 58.1% |
| ▁▆█▇▅▂▆▃ | Cost of Funds (%) | 1.23% | 1.32% | 1.36% | 1.34% | 1.30% | 1.26% | 1.33% | 1.27% |
| ██▇▄▂▁▄▁ | NPA / Assets (%) | 0.24% | 0.23% | 0.21% | 0.12% | 0.06% | 0.02% | 0.13% | 0.04% |
| ██▄▄▂▁▅▂ | Net Charge-Off Ratio (%) | 0.56% | 0.51% | 0.29% | 0.28% | 0.14% | 0.04% | 0.31% | 0.11% |
| ▁▄▁▃▃▆██ | Tang. Book Value ($M) | $12 | $14 | $13 | $14 | $14 | $16 | $17 | $17 |
| ▃▆▄▅█▆▅▁ | Gross Loans ($M) | $60 | $61 | $60 | $61 | $63 | $61 | $61 | $58 |
| ▄▁▁▂▄█▆▇ | Total Deposits ($M) | $125 | $121 | $120 | $122 | $126 | $132 | $129 | $129 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 26% |
| Agricultural | 8% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 18% |