Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.05 | 0.79% |
| Return on Equity (%) | ▼ | 8.18% | -0.65 | 8.83% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.07 | 4.11% |
| Efficiency Ratio (%) | ▲ | 76.16% | -0.81 | 76.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 0.83% | -0.12 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $312 | +0.38 | $311 |
| Gross Loans ($M) | ▲ | $146 | +2.33 | $144 |
| Loan Growth YoY (%) | ▲ | 52.01% | +1.50 | 50.51% |
| Total Deposits ($M) | ▼ | $278 | -3.68 | $281 |
| Shareholders Equity ($M) | ▲ | $32 | +4.10 | $28 |
| Tang. Book Value ($M) | ▲ | $32 | +4.10 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +4.82 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 52.01% | +1.50 | 50.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.17 | 0.12% |
| Allowance / Loans (%) | — | 1.38% | -0.01% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.35 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.60% | -0.20 | 17.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▇▇▁▃█▇█ | Net Interest Margin (%) | 4.14% | 4.17% | 4.16% | 4.11% | 4.13% | 4.17% | 4.16% | 4.18% |
| █▆▅▄▃▁▁▅ | Return on Assets (%) | 0.94% | 0.85% | 0.84% | 0.79% | 0.77% | 0.71% | 0.69% | 0.84% |
| ▁▄▆▇▇██▆ | Efficiency Ratio (%) | 72.1% | 74.6% | 76.1% | 77.0% | 76.6% | 77.8% | 77.2% | 76.2% |
| ▄▇█▇██▄▁ | Cost of Funds (%) | 0.90% | 0.94% | 0.98% | 0.95% | 0.97% | 0.97% | 0.90% | 0.83% |
| █▅▃▂▃▁▇▅ | NPA / Assets (%) | 0.44% | 0.30% | 0.19% | 0.12% | 0.20% | 0.07% | 0.38% | 0.28% |
| ▆▆▃▂▄▁█▆ | Net Charge-Off Ratio (%) | 0.64% | 0.59% | 0.38% | 0.25% | 0.45% | 0.15% | 0.82% | 0.60% |
| ▁▄▁▄▄▇██ | Tang. Book Value ($M) | $26 | $29 | $26 | $28 | $28 | $31 | $32 | $32 |
| ▁█▇▅▃▁▄▇ | Gross Loans ($M) | $140 | $147 | $146 | $144 | $142 | $139 | $142 | $146 |
| ▁▁▃██▆▆▇ | Total Deposits ($M) | $259 | $257 | $267 | $281 | $284 | $277 | $277 | $278 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 12% |