Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.96% | +0.05 | 1.92% |
| Return on Equity (%) | ▼ | 14.42% | -1.59 | 16.01% |
| Net Interest Margin (%) | ▼ | 4.19% | -0.03 | 4.22% |
| Efficiency Ratio (%) | ▲ | 41.32% | -1.72 | 43.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 0.86% | -0.03 | 0.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $172 | +3.25 | $169 |
| Gross Loans ($M) | ▲ | $63 | +5.16 | $58 |
| Loan Growth YoY (%) | ▲ | 41.96% | +3.21 | 38.75% |
| Total Deposits ($M) | ▲ | $148 | +0.67 | $147 |
| Shareholders Equity ($M) | ▲ | $24 | +2.65 | $21 |
| Tang. Book Value ($M) | ▲ | $24 | +2.65 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.74 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 41.96% | +3.21 | 38.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.01 | 0.09% |
| Allowance / Loans (%) | — | 1.78% | 0.11% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 0.21% | -0.04 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆█▇▃ | Net Interest Margin (%) | 4.14% | 4.14% | 4.15% | 4.22% | 4.26% | 4.32% | 4.28% | 4.19% |
| ▂▂▂▁▆█▆▃ | Return on Assets (%) | 1.94% | 1.95% | 1.94% | 1.92% | 2.05% | 2.10% | 2.03% | 1.96% |
| ██▇█▃▁▁▄ | Efficiency Ratio (%) | 43.3% | 43.1% | 42.6% | 43.0% | 40.9% | 40.1% | 39.7% | 41.3% |
| ▂█▄▅▃▄▁▃ | Cost of Funds (%) | 0.84% | 0.93% | 0.88% | 0.89% | 0.87% | 0.88% | 0.83% | 0.86% |
| ▄█▄▂█▇▄▁ | NPA / Assets (%) | 0.10% | 0.12% | 0.10% | 0.09% | 0.12% | 0.11% | 0.10% | 0.08% |
| ▆█▄▂▆▄▃▁ | Net Charge-Off Ratio (%) | 0.32% | 0.38% | 0.27% | 0.25% | 0.33% | 0.28% | 0.25% | 0.21% |
| ▁▂▁▄▅▆██ | Tang. Book Value ($M) | $19 | $20 | $20 | $21 | $22 | $22 | $23 | $24 |
| ▁▁▃▅▅▇█▇ | Gross Loans ($M) | $50 | $51 | $55 | $58 | $59 | $63 | $66 | $63 |
| ▄▂█▇▇▁█▇ | Total Deposits ($M) | $143 | $140 | $150 | $147 | $146 | $137 | $149 | $148 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 5% |