Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.17% | -0.02 | 1.19% |
| Return on Equity (%) | ▼ | 11.40% | -2.25 | 13.65% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.26 | 3.81% |
| Efficiency Ratio (%) | ▼ | 72.11% | +1.04 | 71.07% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 0.78% | -0.08 | 0.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $183 | -0.46 | $183 |
| Gross Loans ($M) | ▼ | $94 | -0.71 | $95 |
| Loan Growth YoY (%) | ▲ | 57.05% | +0.53 | 56.51% |
| Total Deposits ($M) | ▼ | $162 | -2.80 | $165 |
| Shareholders Equity ($M) | ▲ | $18 | +1.97 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +1.29 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.13 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 57.05% | +0.53 | 56.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.62% | +0.48 | 0.14% |
| Allowance / Loans (%) | — | 1.35% | 0.02% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 1.20% | +0.93 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.67% | -0.14 | 17.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▇▇█ | Net Interest Margin (%) | 3.61% | 3.64% | 3.69% | 3.81% | 3.90% | 3.98% | 4.01% | 4.07% |
| ▁▃▃▇█▄▃▇ | Return on Assets (%) | 0.90% | 0.99% | 1.01% | 1.19% | 1.25% | 1.07% | 1.00% | 1.17% |
| █▆▆▄▂▁▁▆ | Efficiency Ratio (%) | 73.5% | 72.4% | 72.4% | 71.1% | 69.8% | 69.2% | 69.3% | 72.1% |
| ▆█▅▄▄▃▂▁ | Cost of Funds (%) | 0.92% | 0.99% | 0.90% | 0.86% | 0.86% | 0.83% | 0.81% | 0.78% |
| ▁▁▁▁▃▃██ | NPA / Assets (%) | 0.08% | 0.07% | 0.10% | 0.14% | 0.25% | 0.27% | 0.69% | 0.62% |
| ▁▁▁▂▃▃██ | Net Charge-Off Ratio (%) | 0.14% | 0.12% | 0.18% | 0.28% | 0.43% | 0.48% | 1.22% | 1.20% |
| ▁▆▁▃▆█▇▆ | Tang. Book Value ($M) | $14 | $17 | $14 | $15 | $17 | $18 | $17 | $17 |
| ▆█▃▁▅▅▇▁ | Gross Loans ($M) | $99 | $101 | $97 | $95 | $98 | $98 | $100 | $94 |
| ▅▆▅█▄▁▂▆ | Total Deposits ($M) | $160 | $162 | $161 | $165 | $159 | $154 | $157 | $162 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 11% |
| Agricultural | 12% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |