Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.37 | 0.38% |
| Return on Equity (%) | ▲ | 9.13% | +3.87 | 5.26% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.60 | 2.84% |
| Efficiency Ratio (%) | ▲ | 74.63% | -11.14 | 85.77% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.26 | $0 |
| Cost of Funds (%) | ▲ | 1.30% | -0.32 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $216 | +5.23 | $211 |
| Gross Loans ($M) | ▲ | $141 | +11.15 | $130 |
| Loan Growth YoY (%) | ▲ | 71.34% | +4.66 | 66.68% |
| Total Deposits ($M) | ▲ | $196 | +2.92 | $193 |
| Shareholders Equity ($M) | ▲ | $18 | +2.29 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +2.31 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.96 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 71.34% | +4.66 | 66.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.26 | 0.27% |
| Allowance / Loans (%) | — | 1.14% | -0.02% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.74% | +0.54 | 12.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▄▅▆█ | Net Interest Margin (%) | 2.87% | 2.81% | 2.80% | 2.84% | 3.05% | 3.17% | 3.20% | 3.43% |
| ▃▂▂▁▇█▇█ | Return on Assets (%) | 0.49% | 0.46% | 0.43% | 0.38% | 0.67% | 0.73% | 0.69% | 0.75% |
| ▅▆▇█▂▁▂▁ | Efficiency Ratio (%) | 81.2% | 82.3% | 83.6% | 85.8% | 75.3% | 73.8% | 75.4% | 74.6% |
| ▂▅██▃▄▃▁ | Cost of Funds (%) | 1.34% | 1.50% | 1.59% | 1.62% | 1.38% | 1.43% | 1.41% | 1.30% |
| ████▁▁▁▁ | NPA / Assets (%) | 0.28% | 0.27% | 0.27% | 0.27% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▁▁▁███▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▃▂▃▅▇▇█ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $16 | $17 | $17 | $18 |
| ▁▃▄▄▆▇██ | Gross Loans ($M) | $121 | $127 | $129 | $130 | $136 | $139 | $142 | $141 |
| ▅▁▂▇▅▁▃█ | Total Deposits ($M) | $188 | $179 | $183 | $193 | $188 | $180 | $184 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 12% |
| Agricultural | 20% |
| Consumer | 1% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 18% |