Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.24 | 0.68% |
| Return on Equity (%) | ▲ | 10.90% | +2.63 | 8.27% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.11 | 3.46% |
| Efficiency Ratio (%) | ▲ | 74.93% | -4.83 | 79.76% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.04% | -0.07 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $282 | +13.45 | $269 |
| Gross Loans ($M) | ▼ | $127 | -3.00 | $130 |
| Loan Growth YoY (%) | ▼ | 48.28% | -6.00 | 54.28% |
| Total Deposits ($M) | ▲ | $258 | +23.09 | $235 |
| Shareholders Equity ($M) | ▲ | $23 | +0.93 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +0.93 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +0.77 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 48.28% | -6.00 | 54.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.68% | +0.12 | 0.57% |
| Allowance / Loans (%) | — | 1.61% | 0.02% | 1.59% |
| Net Charge-Off Ratio (%) | ▼ | 1.52% | +0.35 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.39% | +0.57 | 13.82% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▅▆██ | Net Interest Margin (%) | 3.15% | 3.15% | 3.25% | 3.46% | 3.39% | 3.42% | 3.54% | 3.57% |
| █▇▆▄▁▂▃█ | Return on Assets (%) | 0.97% | 0.88% | 0.82% | 0.68% | 0.51% | 0.62% | 0.66% | 0.93% |
| ▁▂▃▆█▇▆▃ | Efficiency Ratio (%) | 70.5% | 72.6% | 74.5% | 79.8% | 84.9% | 81.8% | 80.9% | 74.9% |
| █▆▄▂▇▄▃▁ | Cost of Funds (%) | 1.48% | 1.32% | 1.24% | 1.11% | 1.39% | 1.24% | 1.16% | 1.04% |
| ▂▁▆▆█▅▇█ | NPA / Assets (%) | 0.36% | 0.25% | 0.57% | 0.57% | 0.67% | 0.50% | 0.62% | 0.68% |
| ▂▁▅▆▇▅▆█ | Net Charge-Off Ratio (%) | 0.70% | 0.50% | 1.12% | 1.17% | 1.37% | 1.07% | 1.25% | 1.52% |
| ▁▅▁▄▂▇██ | Tang. Book Value ($M) | $21 | $22 | $21 | $22 | $22 | $23 | $23 | $23 |
| ▇█▅▄▃▂▄▁ | Gross Loans ($M) | $133 | $134 | $131 | $130 | $129 | $128 | $130 | $127 |
| ▁▅▂▃▃▇▃█ | Total Deposits ($M) | $227 | $246 | $234 | $235 | $236 | $251 | $238 | $258 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 7% |