Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.73% | +0.79 | 0.95% |
| Return on Equity (%) | ▲ | 20.23% | +7.83 | 12.40% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.75 | 3.70% |
| Efficiency Ratio (%) | ▲ | 51.07% | -16.60 | 67.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.56 | $1 |
| Cost of Funds (%) | ▲ | 1.71% | -0.33 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $211 | +15.48 | $195 |
| Gross Loans ($M) | ▲ | $146 | +10.32 | $136 |
| Loan Growth YoY (%) | ▲ | 75.08% | +0.30 | 74.78% |
| Total Deposits ($M) | ▲ | $192 | +12.93 | $179 |
| Shareholders Equity ($M) | ▲ | $17 | +2.20 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.20 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.19 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 75.08% | +0.30 | 74.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.01 | 0.18% |
| Allowance / Loans (%) | — | 1.49% | -0.06% | 1.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.02 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 3.46% | 3.52% | 3.54% | 3.70% | 3.79% | 3.87% | 3.99% | 4.45% |
| ▁▁▁▁▂▃▄█ | Return on Assets (%) | 0.85% | 0.90% | 0.96% | 0.95% | 1.06% | 1.16% | 1.29% | 1.73% |
| ██▇▇▆▅▁▁ | Efficiency Ratio (%) | 70.2% | 68.7% | 66.7% | 67.7% | 65.3% | 62.6% | 53.4% | 51.1% |
| ▆█▇▄▃▃▃▁ | Cost of Funds (%) | 2.20% | 2.45% | 2.27% | 2.04% | 1.95% | 1.97% | 1.98% | 1.71% |
| █▁▁▁██▄▁ | NPA / Assets (%) | 0.42% | 0.18% | 0.18% | 0.18% | 0.41% | 0.40% | 0.27% | 0.20% |
| █▁▁▁██▃▁ | Net Charge-Off Ratio (%) | 0.61% | 0.27% | 0.27% | 0.26% | 0.60% | 0.58% | 0.39% | 0.28% |
| ▁▄▃▃▅▇█▇ | Tang. Book Value ($M) | $14 | $16 | $15 | $15 | $16 | $17 | $18 | $17 |
| ▆▂▁▂▆▅██ | Gross Loans ($M) | $142 | $137 | $134 | $136 | $142 | $142 | $146 | $146 |
| ▁▃▅▁▇▇▅█ | Total Deposits ($M) | $180 | $184 | $187 | $179 | $190 | $189 | $186 | $192 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 15% |
| Agricultural | 2% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 14% |