Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.22 | 1.13% |
| Return on Equity (%) | ▼ | 19.34% | -1.36 | 20.70% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.20 | 3.31% |
| Efficiency Ratio (%) | ▲ | 61.16% | -5.46 | 66.62% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.53% | -0.57 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $171 | +8.97 | $162 |
| Gross Loans ($M) | ▼ | $103 | -4.61 | $108 |
| Loan Growth YoY (%) | ▼ | 66.18% | -8.52 | 74.70% |
| Total Deposits ($M) | ▲ | $154 | +11.31 | $142 |
| Shareholders Equity ($M) | ▲ | $12 | +2.11 | $9 |
| Tang. Book Value ($M) | ▲ | $12 | +2.11 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +2.01 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 66.18% | -8.52 | 74.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -1.11 | 1.14% |
| Allowance / Loans (%) | — | 1.23% | 0.09% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -1.67 | 1.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.14% | +1.18 | 13.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▂▄▄█▆ | Net Interest Margin (%) | 3.28% | 3.23% | 3.22% | 3.31% | 3.41% | 3.40% | 3.64% | 3.51% |
| ▂▁▁▄▅▅██ | Return on Assets (%) | 1.02% | 0.96% | 0.95% | 1.13% | 1.19% | 1.18% | 1.32% | 1.35% |
| ▅███▅▅▁▁ | Efficiency Ratio (%) | 64.4% | 66.9% | 66.6% | 66.6% | 64.5% | 64.6% | 61.7% | 61.2% |
| ▇█▇▆▆▅▂▁ | Cost of Funds (%) | 2.16% | 2.36% | 2.18% | 2.10% | 2.06% | 1.99% | 1.74% | 1.53% |
| ██▇▆▄▃▁▁ | NPA / Assets (%) | 1.61% | 1.53% | 1.41% | 1.14% | 0.74% | 0.50% | 0.01% | 0.03% |
| ██▇▆▄▃▁▁ | Net Charge-Off Ratio (%) | 2.55% | 2.36% | 2.21% | 1.72% | 1.13% | 0.78% | 0.02% | 0.05% |
| ▂▇▁▃▄███ | Tang. Book Value ($M) | $9 | $11 | $9 | $9 | $10 | $12 | $12 | $12 |
| ▆▆██▅▁▂▃ | Gross Loans ($M) | $105 | $105 | $108 | $108 | $104 | $100 | $102 | $103 |
| ▄▁▄▃▂▂██ | Total Deposits ($M) | $144 | $136 | $144 | $142 | $140 | $139 | $152 | $154 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 12% |
| Agricultural | 27% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 20% |