Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.05 | 0.87% |
| Return on Equity (%) | ▲ | 6.25% | +0.14 | 6.11% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.32 | 3.86% |
| Efficiency Ratio (%) | ▲ | 70.50% | -0.83 | 71.34% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.74% | -0.12 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $104 | +1.17 | $102 |
| Gross Loans ($M) | ▲ | $83 | +10.90 | $72 |
| Loan Growth YoY (%) | ▲ | 92.97% | +12.08 | 80.89% |
| Total Deposits ($M) | ▲ | $88 | +0.36 | $87 |
| Shareholders Equity ($M) | ▲ | $15 | +0.58 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +0.58 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 92.97% | +12.08 | 80.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.01 | 0.48% |
| Allowance / Loans (%) | — | 1.67% | -0.26% | 1.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.59% | -0.09 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.39% | +0.26 | 24.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▂▂▅█ | Net Interest Margin (%) | 3.80% | 3.82% | 3.86% | 3.86% | 3.87% | 3.89% | 4.02% | 4.18% |
| ▇▁▂▆▇█▇▇ | Return on Assets (%) | 0.93% | 0.59% | 0.68% | 0.87% | 0.92% | 0.99% | 0.90% | 0.92% |
| ▄▄██▅▁▃▇ | Efficiency Ratio (%) | 69.1% | 68.5% | 71.6% | 71.3% | 69.3% | 66.7% | 68.2% | 70.5% |
| ▄▇█▃▅▃▄▁ | Cost of Funds (%) | 1.90% | 2.02% | 2.10% | 1.86% | 1.95% | 1.87% | 1.88% | 1.74% |
| ▅▄▁▅▇█▇▅ | NPA / Assets (%) | 0.45% | 0.32% | 0.01% | 0.48% | 0.66% | 0.84% | 0.65% | 0.47% |
| ▆▄▁▇██▆▆ | Net Charge-Off Ratio (%) | 0.60% | 0.42% | 0.01% | 0.68% | 0.86% | 0.85% | 0.54% | 0.59% |
| ▁▂▁▆▆███ | Tang. Book Value ($M) | $13 | $14 | $13 | $15 | $15 | $15 | $15 | $15 |
| ▁▃▁▁▄▅██ | Gross Loans ($M) | $71 | $74 | $72 | $72 | $77 | $78 | $82 | $83 |
| ▁▂▁▆▅█▃▆ | Total Deposits ($M) | $82 | $83 | $82 | $87 | $86 | $90 | $84 | $88 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 13% |
| Agricultural | 6% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 11% |