Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.22 | 0.83% |
| Return on Equity (%) | ▲ | 10.29% | +1.72 | 8.57% |
| Net Interest Margin (%) | ▲ | 4.80% | +0.24 | 4.56% |
| Efficiency Ratio (%) | ▲ | 67.63% | -4.03 | 71.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $0 |
| Cost of Funds (%) | ▼ | 1.42% | +0.04 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $144 | +10.02 | $134 |
| Gross Loans ($M) | ▲ | $116 | +11.75 | $105 |
| Loan Growth YoY (%) | ▲ | 89.98% | +3.07 | 86.91% |
| Total Deposits ($M) | ▲ | $128 | +8.76 | $119 |
| Shareholders Equity ($M) | ▲ | $15 | +1.28 | $13 |
| Tang. Book Value ($M) | ▲ | $12 | +1.27 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 89.98% | +3.07 | 86.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.19% | +0.46 | 0.73% |
| Allowance / Loans (%) | — | 1.09% | 0.08% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 1.47% | +0.54 | 0.93% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.25% | +0.73 | 10.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇███ | Net Interest Margin (%) | 4.17% | 4.19% | 4.21% | 4.56% | 4.65% | 4.77% | 4.79% | 4.80% |
| ▁▂▁▃▅▆█▇ | Return on Assets (%) | 0.77% | 0.78% | 0.72% | 0.83% | 0.95% | 1.02% | 1.15% | 1.05% |
| ▆▇█▄▂▁▁▂ | Efficiency Ratio (%) | 74.1% | 75.8% | 77.7% | 71.7% | 68.3% | 67.0% | 66.1% | 67.6% |
| ▃█▃▁▁▂▃▁ | Cost of Funds (%) | 1.52% | 1.81% | 1.51% | 1.38% | 1.41% | 1.46% | 1.52% | 1.42% |
| ▁▄▇▁▁█▅▃ | NPA / Assets (%) | 0.67% | 1.53% | 2.14% | 0.73% | 0.66% | 2.46% | 1.76% | 1.19% |
| ▁▅█▁▁█▅▃ | Net Charge-Off Ratio (%) | 0.87% | 1.97% | 2.78% | 0.93% | 0.83% | 2.99% | 2.13% | 1.47% |
| ▁▂▁▂▄▆██ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $12 | $12 | $13 | $12 |
| ▁▁▂▂▄▇██ | Gross Loans ($M) | $102 | $104 | $104 | $105 | $108 | $113 | $116 | $116 |
| ▁▂▅▅▄▅▇█ | Total Deposits ($M) | $109 | $113 | $121 | $119 | $118 | $119 | $125 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 8% |
| Agricultural | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 4% |