Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.27 | 0.38% |
| Return on Equity (%) | ▲ | 6.45% | +2.02 | 4.43% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.24 | 3.19% |
| Efficiency Ratio (%) | ▲ | 78.70% | -10.92 | 89.62% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.05% | -0.26 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $148 | +6.63 | $141 |
| Gross Loans ($M) | ▲ | $53 | +7.52 | $46 |
| Loan Growth YoY (%) | ▲ | 39.51% | +4.24 | 35.27% |
| Total Deposits ($M) | ▲ | $132 | +4.81 | $127 |
| Shareholders Equity ($M) | ▲ | $14 | +1.91 | $12 |
| Tang. Book Value ($M) | ▲ | $11 | +1.91 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.99 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 39.51% | +4.24 | 35.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.10% | +0.06 | 0.04% |
| Allowance / Loans (%) | — | 2.18% | 0.14% | 2.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.29% | +0.17 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.37% | -1.12 | 23.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇▇█ | Net Interest Margin (%) | 2.98% | 3.03% | 3.05% | 3.19% | 3.28% | 3.32% | 3.32% | 3.42% |
| ▆▇▃▁▇█▁█ | Return on Assets (%) | 0.58% | 0.62% | 0.48% | 0.38% | 0.63% | 0.67% | 0.41% | 0.64% |
| ▃▄▅█▂▁▄▁ | Efficiency Ratio (%) | 82.1% | 83.0% | 84.8% | 89.6% | 80.7% | 79.2% | 83.4% | 78.7% |
| ▆██▇▅▅▅▁ | Cost of Funds (%) | 1.27% | 1.36% | 1.38% | 1.31% | 1.24% | 1.24% | 1.22% | 1.05% |
| ▁▁▂▁▁▃█▃ | NPA / Assets (%) | 0.04% | 0.06% | 0.08% | 0.04% | 0.04% | 0.09% | 0.23% | 0.10% |
| ▁▁▂▁▁▃█▃ | Net Charge-Off Ratio (%) | 0.12% | 0.18% | 0.23% | 0.12% | 0.12% | 0.26% | 0.62% | 0.29% |
| ▂▇▁▂▄██▇ | Tang. Book Value ($M) | $9 | $11 | $8 | $9 | $10 | $11 | $12 | $11 |
| ▁▂▂▃▆▇▇█ | Gross Loans ($M) | $42 | $44 | $44 | $46 | $51 | $51 | $51 | $53 |
| ▃▁▂▆█▅▂█ | Total Deposits ($M) | $122 | $118 | $121 | $127 | $132 | $125 | $121 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 20% |
| Agricultural | 2% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 10% |