Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.26 | 1.16% |
| Return on Equity (%) | ▲ | 14.01% | +1.94 | 12.07% |
| Net Interest Margin (%) | ▲ | 3.93% | +0.41 | 3.52% |
| Efficiency Ratio (%) | ▲ | 53.25% | -0.75 | 54.01% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 2.04% | -0.22 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $145 | +3.74 | $141 |
| Gross Loans ($M) | ▲ | $103 | +9.14 | $94 |
| Loan Growth YoY (%) | ▲ | 78.73% | +6.01 | 72.72% |
| Total Deposits ($M) | ▲ | $128 | +1.90 | $126 |
| Shareholders Equity ($M) | ▲ | $15 | +0.90 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +0.90 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.83 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 78.73% | +6.01 | 72.72% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.12 | 0.19% |
| Allowance / Loans (%) | — | 1.86% | -0.12% | 1.98% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.19 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 3.06% | 3.12% | 3.19% | 3.52% | 3.63% | 3.74% | 3.80% | 3.93% |
| ▁▁▂▅▅▅▆█ | Return on Assets (%) | 0.82% | 0.88% | 0.92% | 1.16% | 1.13% | 1.18% | 1.21% | 1.42% |
| █▇█▁▃▃▃▁ | Efficiency Ratio (%) | 61.3% | 59.9% | 61.3% | 54.0% | 55.9% | 55.4% | 56.1% | 53.3% |
| ▇█▄▅▄▃▁▂ | Cost of Funds (%) | 2.36% | 2.46% | 2.18% | 2.26% | 2.18% | 2.10% | 1.96% | 2.04% |
| ▄▁██▇▄▃▃ | NPA / Assets (%) | 0.11% | 0.01% | 0.22% | 0.19% | 0.19% | 0.11% | 0.07% | 0.07% |
| ▁▁██▇▄▃▃ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.33% | 0.29% | 0.29% | 0.16% | 0.11% | 0.10% |
| ▁▃▄▆▇███ | Tang. Book Value ($M) | $12 | $13 | $13 | $14 | $14 | $15 | $15 | $15 |
| ▁▁▂▄▄▅▆█ | Gross Loans ($M) | $87 | $89 | $91 | $94 | $94 | $96 | $98 | $103 |
| ▃▁▆▇▆▄▅█ | Total Deposits ($M) | $122 | $119 | $125 | $126 | $126 | $123 | $125 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 5% |
| Agricultural | 31% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 6% |