Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.66% | -0.15 | 1.81% |
| Return on Equity (%) | ▼ | 17.61% | -5.71 | 23.32% |
| Net Interest Margin (%) | ▼ | 4.93% | -0.03 | 4.96% |
| Efficiency Ratio (%) | ▼ | 64.56% | +0.99 | 63.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.16 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $144 | +6.72 | $137 |
| Gross Loans ($M) | ▲ | $90 | +5.78 | $84 |
| Loan Growth YoY (%) | ▲ | 67.50% | +0.64 | 66.87% |
| Total Deposits ($M) | ▲ | $131 | +7.15 | $124 |
| Shareholders Equity ($M) | ▲ | $13 | +2.51 | $10 |
| Tang. Book Value ($M) | ▲ | $13 | +2.51 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.51 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 67.50% | +0.64 | 66.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.31 | 0.36% |
| Allowance / Loans (%) | — | 1.93% | 0.07% | 1.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.51 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇██▅ | Net Interest Margin (%) | 4.66% | 4.67% | 4.73% | 4.96% | 5.02% | 5.07% | 5.11% | 4.93% |
| ▇██▄█▇▅▁ | Return on Assets (%) | 1.99% | 2.04% | 2.03% | 1.81% | 2.00% | 1.96% | 1.86% | 1.66% |
| ▂▁▁▇▄▅▄█ | Efficiency Ratio (%) | 58.7% | 57.6% | 58.2% | 63.6% | 60.5% | 61.5% | 60.9% | 64.6% |
| ██▆▄▃▁▂▁ | Cost of Funds (%) | 1.75% | 1.77% | 1.67% | 1.56% | 1.54% | 1.43% | 1.49% | 1.40% |
| ▁▁▃▆██▁▁ | NPA / Assets (%) | 0.05% | 0.01% | 0.15% | 0.36% | 0.50% | 0.52% | 0.04% | 0.04% |
| ▂▁▄█▅▆▁▁ | Net Charge-Off Ratio (%) | 0.09% | 0.02% | 0.23% | 0.58% | 0.33% | 0.40% | 0.06% | 0.07% |
| ▁▄▂▂▄▇█▆ | Tang. Book Value ($M) | $9 | $12 | $10 | $10 | $11 | $13 | $14 | $13 |
| ▁▁▃▄▆▇█▇ | Gross Loans ($M) | $79 | $78 | $83 | $84 | $88 | $90 | $93 | $90 |
| ▃▂▁▄▄█▆█ | Total Deposits ($M) | $122 | $120 | $117 | $124 | $123 | $130 | $127 | $131 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 12% |
| Agricultural | 5% |
| Consumer | 11% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 11% |