Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.17% | +1.65 | 1.52% |
| Return on Equity (%) | ▲ | 24.48% | +11.75 | 12.73% |
| Net Interest Margin (%) | ▲ | 6.26% | +2.42 | 3.84% |
| Efficiency Ratio (%) | ▲ | 31.65% | -18.14 | 49.79% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.29 | $1 |
| Cost of Funds (%) | ▲ | 1.34% | -0.14 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $227 | +12.01 | $215 |
| Gross Loans ($M) | ▲ | $171 | +12.81 | $158 |
| Loan Growth YoY (%) | ▲ | 86.59% | +2.90 | 83.69% |
| Total Deposits ($M) | ▲ | $195 | +8.48 | $186 |
| Shareholders Equity ($M) | ▲ | $30 | +3.68 | $27 |
| Tang. Book Value ($M) | ▲ | $25 | +3.76 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +3.73 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 86.59% | +2.90 | 83.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.13 | 0.16% |
| Allowance / Loans (%) | — | 1.18% | -0.05% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.17 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.95% | +1.10 | 12.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▂▂█ | Net Interest Margin (%) | 3.57% | 3.56% | 3.55% | 3.84% | 3.99% | 4.02% | 4.03% | 6.26% |
| ▁▁▁▂▂▂▂█ | Return on Assets (%) | 1.33% | 1.28% | 1.27% | 1.52% | 1.63% | 1.62% | 1.62% | 3.17% |
| ████▇▇▇▁ | Efficiency Ratio (%) | 51.4% | 51.7% | 52.0% | 49.8% | 47.8% | 47.7% | 48.5% | 31.6% |
| ▄██▂▁▃▄▁ | Cost of Funds (%) | 1.59% | 1.91% | 1.88% | 1.48% | 1.40% | 1.54% | 1.57% | 1.34% |
| ▃▃▃▂█▁▂▁ | NPA / Assets (%) | 0.18% | 0.18% | 0.20% | 0.16% | 0.58% | 0.10% | 0.12% | 0.04% |
| ▃▃▃▂█▁▂▁ | Net Charge-Off Ratio (%) | 0.24% | 0.25% | 0.28% | 0.22% | 0.79% | 0.14% | 0.17% | 0.05% |
| ▁▂▂▃▄▅▇█ | Tang. Book Value ($M) | $20 | $21 | $21 | $22 | $22 | $23 | $24 | $25 |
| ▁▄▃▂▂█▆█ | Gross Loans ($M) | $156 | $162 | $161 | $158 | $159 | $171 | $166 | $171 |
| ▁▂▇▃▁▃█▆ | Total Deposits ($M) | $182 | $186 | $195 | $186 | $182 | $188 | $199 | $195 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 13% |
| Agricultural | 48% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |