Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.52 | 1.33% |
| Return on Equity (%) | ▲ | 20.22% | +4.94 | 15.28% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.41 | 4.01% |
| Efficiency Ratio (%) | ▲ | 61.59% | -7.36 | 68.94% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.42 | $1 |
| Cost of Funds (%) | ▲ | 1.43% | -0.17 | 1.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $276 | +26.88 | $249 |
| Gross Loans ($M) | ▲ | $190 | +14.59 | $175 |
| Loan Growth YoY (%) | ▼ | 74.83% | -1.73 | 76.56% |
| Total Deposits ($M) | ▲ | $250 | +24.56 | $225 |
| Shareholders Equity ($M) | ▲ | $25 | +3.47 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +3.51 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +3.57 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 74.83% | -1.73 | 76.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.25% | -0.60 | 0.86% |
| Allowance / Loans (%) | — | 1.37% | -0.05% | 1.42% |
| Net Charge-Off Ratio (%) | ▲ | 0.37% | -0.81 | 1.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.46% | +0.78 | 13.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▆▇██ | Net Interest Margin (%) | 3.72% | 3.87% | 3.94% | 4.01% | 4.17% | 4.31% | 4.41% | 4.42% |
| ▁▃▃▃▅▆▅█ | Return on Assets (%) | 1.15% | 1.40% | 1.41% | 1.33% | 1.53% | 1.60% | 1.54% | 1.85% |
| █▅▇▆▅▄▅▁ | Efficiency Ratio (%) | 71.7% | 67.7% | 70.1% | 68.9% | 66.7% | 65.8% | 67.6% | 61.6% |
| █▆▆▄▄▃▁▁ | Cost of Funds (%) | 1.79% | 1.69% | 1.68% | 1.59% | 1.58% | 1.53% | 1.47% | 1.43% |
| █▁▆███▃▂ | NPA / Assets (%) | 0.79% | 0.09% | 0.59% | 0.86% | 0.83% | 0.81% | 0.33% | 0.25% |
| █▁▆███▃▂ | Net Charge-Off Ratio (%) | 1.13% | 0.14% | 0.83% | 1.18% | 1.16% | 1.10% | 0.47% | 0.37% |
| ▁▄▂▂▃▅▇█ | Tang. Book Value ($M) | $20 | $21 | $20 | $20 | $21 | $22 | $23 | $24 |
| ▁▁▂▂▅█▆█ | Gross Loans ($M) | $171 | $172 | $175 | $175 | $181 | $187 | $184 | $190 |
| ▁▃▂▂▃▃▅█ | Total Deposits ($M) | $221 | $230 | $225 | $225 | $229 | $230 | $236 | $250 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |