Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.72% | +0.35 | 1.38% |
| Return on Equity (%) | ▲ | 19.60% | +0.79 | 18.81% |
| Net Interest Margin (%) | ▲ | 4.41% | +0.22 | 4.19% |
| Efficiency Ratio (%) | ▲ | 55.88% | -6.22 | 62.10% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.55% | -0.16 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $274 | +13.22 | $261 |
| Gross Loans ($M) | ▲ | $182 | +15.64 | $166 |
| Loan Growth YoY (%) | ▲ | 80.42% | +4.11 | 76.32% |
| Total Deposits ($M) | ▲ | $223 | +8.29 | $215 |
| Shareholders Equity ($M) | ▲ | $24 | +4.60 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.68 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +4.72 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 80.42% | +4.11 | 76.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.34 | 0.02% |
| Allowance / Loans (%) | — | 1.10% | -0.02% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.55% | +0.51 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▇▇█ | Net Interest Margin (%) | 3.67% | 3.76% | 3.83% | 4.19% | 4.19% | 4.25% | 4.29% | 4.41% |
| ▁▂▃▆▆▆▇█ | Return on Assets (%) | 0.80% | 0.92% | 1.05% | 1.38% | 1.44% | 1.48% | 1.54% | 1.72% |
| ██▆▃▃▃▂▁ | Efficiency Ratio (%) | 73.3% | 71.2% | 68.6% | 62.1% | 61.2% | 60.7% | 59.2% | 55.9% |
| ███▅▆▅▄▁ | Cost of Funds (%) | 1.81% | 1.79% | 1.82% | 1.72% | 1.75% | 1.70% | 1.67% | 1.55% |
| ▄▃▁▁▁▂▆█ | NPA / Assets (%) | 0.15% | 0.12% | 0.03% | 0.02% | 0.03% | 0.07% | 0.26% | 0.36% |
| ▄▃▁▁▁▂▆█ | Net Charge-Off Ratio (%) | 0.25% | 0.19% | 0.05% | 0.04% | 0.04% | 0.11% | 0.40% | 0.55% |
| ▁▄▂▃▄▇██ | Tang. Book Value ($M) | $16 | $19 | $18 | $19 | $20 | $22 | $23 | $23 |
| ▁▂▃▅▅▅▇█ | Gross Loans ($M) | $149 | $156 | $161 | $166 | $169 | $166 | $177 | $182 |
| ▁▁▃▆▆▅▇█ | Total Deposits ($M) | $204 | $201 | $209 | $215 | $216 | $213 | $218 | $223 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 16% |
| Agricultural | 18% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 11% |