Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.26 | 1.53% |
| Return on Equity (%) | ▲ | 15.47% | +1.40 | 14.07% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.18 | 3.56% |
| Efficiency Ratio (%) | ▲ | 36.92% | -3.38 | 40.30% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▼ | 1.88% | +0.11 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $131 | +8.95 | $122 |
| Gross Loans ($M) | ▲ | $89 | +12.18 | $77 |
| Loan Growth YoY (%) | ▲ | 81.94% | +6.36 | 75.58% |
| Total Deposits ($M) | ▲ | $107 | +6.98 | $101 |
| Shareholders Equity ($M) | ▲ | $15 | +1.96 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.96 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.96 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 81.94% | +6.36 | 75.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.17 | 0.30% |
| Allowance / Loans (%) | — | 1.13% | -0.09% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.31 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆▇███ | Net Interest Margin (%) | 3.18% | 3.27% | 3.37% | 3.56% | 3.66% | 3.70% | 3.72% | 3.74% |
| ▁▁▁▄▅▆▅█ | Return on Assets (%) | 1.27% | 1.33% | 1.30% | 1.53% | 1.56% | 1.65% | 1.55% | 1.78% |
| ▇▆█▃▃▁▅▁ | Efficiency Ratio (%) | 44.9% | 44.2% | 47.3% | 40.3% | 39.5% | 37.7% | 42.6% | 36.9% |
| ▇▆▁▃▅█▄▆ | Cost of Funds (%) | 1.91% | 1.88% | 1.70% | 1.77% | 1.86% | 1.96% | 1.82% | 1.88% |
| ▄▂▁▃▃▃█▁ | NPA / Assets (%) | 0.31% | 0.21% | 0.16% | 0.30% | 0.27% | 0.25% | 0.60% | 0.12% |
| ▃▁▁▄▃▃█▁ | Net Charge-Off Ratio (%) | 0.32% | 0.15% | 0.15% | 0.39% | 0.33% | 0.26% | 0.76% | 0.07% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $12 | $12 | $13 | $13 | $14 | $14 | $15 | $15 |
| ▁▂▃▃▅▇██ | Gross Loans ($M) | $71 | $74 | $77 | $77 | $80 | $85 | $88 | $89 |
| ▁▁▄▆▆▆██ | Total Deposits ($M) | $83 | $85 | $94 | $101 | $101 | $99 | $105 | $107 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 5% |