Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.88% | +0.30 | 0.58% |
| Return on Equity (%) | ▲ | 12.09% | +2.53 | 9.56% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.35 | 3.69% |
| Efficiency Ratio (%) | ▲ | 72.53% | -8.88 | 81.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $0 |
| Cost of Funds (%) | ▲ | 1.56% | -0.32 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $234 | +16.72 | $217 |
| Gross Loans ($M) | ▲ | $147 | +1.24 | $146 |
| Loan Growth YoY (%) | ▼ | 68.32% | -4.73 | 73.05% |
| Total Deposits ($M) | ▲ | $212 | +15.43 | $197 |
| Shareholders Equity ($M) | ▲ | $17 | +3.64 | $14 |
| Tang. Book Value ($M) | ▲ | $17 | +3.65 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +3.65 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 68.32% | -4.73 | 73.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.13 | 0.14% |
| Allowance / Loans (%) | — | 1.28% | -0.01% | 1.29% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.20 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.99 | 11.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▆▇█ | Net Interest Margin (%) | 3.20% | 3.19% | 3.28% | 3.69% | 3.73% | 3.80% | 3.88% | 4.04% |
| ▁▁▃▄▅▅▇█ | Return on Assets (%) | 0.31% | 0.35% | 0.46% | 0.58% | 0.61% | 0.66% | 0.75% | 0.88% |
| ██▆▅▄▃▂▁ | Efficiency Ratio (%) | 88.7% | 86.9% | 84.1% | 81.4% | 80.5% | 78.4% | 76.1% | 72.5% |
| ██▇▄▄▃▁▁ | Cost of Funds (%) | 2.24% | 2.26% | 2.10% | 1.88% | 1.89% | 1.72% | 1.54% | 1.56% |
| ▂▁▁█▇▇▅▁ | NPA / Assets (%) | 0.04% | 0.01% | 0.01% | 0.14% | 0.12% | 0.12% | 0.09% | 0.01% |
| ▂▁▁█▇▇▆▁ | Net Charge-Off Ratio (%) | 0.06% | 0.02% | 0.02% | 0.22% | 0.19% | 0.18% | 0.15% | 0.02% |
| ▁▃▁▃▄▇██ | Tang. Book Value ($M) | $12 | $14 | $13 | $14 | $14 | $16 | $17 | $17 |
| ▁▁▆▃▂▅█▄ | Gross Loans ($M) | $143 | $144 | $150 | $146 | $145 | $148 | $153 | $147 |
| ▁▁▄▂▁▅█▆ | Total Deposits ($M) | $190 | $191 | $206 | $197 | $194 | $208 | $222 | $212 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 14% |
| Agricultural | 20% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 10% |