Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.04 | 1.21% |
| Return on Equity (%) | ▼ | 15.69% | -0.34 | 16.03% |
| Net Interest Margin (%) | ▲ | 3.97% | +0.03 | 3.93% |
| Efficiency Ratio (%) | ▲ | 61.28% | -4.44 | 65.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▼ | 2.40% | +0.04 | 2.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $259 | +32.73 | $227 |
| Gross Loans ($M) | ▲ | $233 | +35.53 | $197 |
| Loan Growth YoY (%) | ▲ | 121.01% | +8.36 | 112.66% |
| Total Deposits ($M) | ▲ | $191 | +16.81 | $174 |
| Shareholders Equity ($M) | ▲ | $21 | +3.54 | $17 |
| Tang. Book Value ($M) | ▲ | $20 | +3.54 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 121.01% | +8.36 | 112.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.24% | +1.17 | 0.07% |
| Allowance / Loans (%) | — | 0.78% | 0.19% | 0.59% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +1.30 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.71% | +0.40 | 10.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁█████ | Net Interest Margin (%) | 3.39% | 3.38% | 3.41% | 3.93% | 3.90% | 3.93% | 3.96% | 3.97% |
| ▁▂▂▆▇█▇▇ | Return on Assets (%) | 0.80% | 0.87% | 0.92% | 1.21% | 1.27% | 1.37% | 1.29% | 1.25% |
| █▇▇▄▂▁▁▁ | Efficiency Ratio (%) | 72.3% | 70.1% | 69.5% | 65.7% | 63.0% | 60.8% | 60.0% | 61.3% |
| ▅▆█▁▁▅▃▁ | Cost of Funds (%) | 2.63% | 2.73% | 2.91% | 2.36% | 2.35% | 2.68% | 2.54% | 2.40% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.15% | 0.11% | 0.08% | 0.07% | 0.17% | 0.10% | 0.16% | 1.24% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.17% | 0.13% | 0.10% | 0.08% | 0.20% | 0.11% | 0.18% | 1.38% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $14 | $16 | $16 | $16 | $18 | $19 | $19 | $20 |
| ▁▁▂▃▅▇██ | Gross Loans ($M) | $181 | $187 | $191 | $197 | $209 | $221 | $227 | $233 |
| ▁▂▃▅▆▇██ | Total Deposits ($M) | $156 | $163 | $166 | $174 | $180 | $184 | $188 | $191 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 20% |
| Agricultural | 18% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 14% |