Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.02% | -0.03 | 1.04% |
| Return on Equity (%) | ▼ | 5.77% | -0.16 | 5.93% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.34 | 3.50% |
| Efficiency Ratio (%) | ▲ | 57.81% | -4.40 | 62.21% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.79% | -0.13 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $134 | +7.71 | $127 |
| Gross Loans ($M) | ▲ | $77 | +6.18 | $71 |
| Loan Growth YoY (%) | ▲ | 69.28% | +1.70 | 67.58% |
| Total Deposits ($M) | ▲ | $110 | +6.34 | $104 |
| Shareholders Equity ($M) | ▲ | $23 | +1.17 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +1.17 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +1.19 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 69.28% | +1.70 | 67.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.42% | -0.06 | 0.48% |
| Allowance / Loans (%) | — | 1.05% | -0.05% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.15 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 34.06% | -1.65 | 35.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▆█ | Net Interest Margin (%) | 3.25% | 3.26% | 3.33% | 3.50% | 3.61% | 3.63% | 3.66% | 3.84% |
| ▆▅▁█▆▆▄█ | Return on Assets (%) | 0.94% | 0.91% | 0.75% | 1.04% | 0.96% | 0.94% | 0.87% | 1.02% |
| ▃▄█▃▅▅▇▁ | Efficiency Ratio (%) | 61.8% | 62.6% | 69.8% | 62.2% | 64.4% | 64.3% | 67.3% | 57.8% |
| ▇█▇▄▃▄▃▁ | Cost of Funds (%) | 2.05% | 2.12% | 2.06% | 1.93% | 1.88% | 1.93% | 1.91% | 1.79% |
| ▅▆▁█▅▅▄▂ | NPA / Assets (%) | 0.45% | 0.46% | 0.41% | 0.48% | 0.44% | 0.45% | 0.44% | 0.42% |
| ▆▇▁█▆█▆▁ | Net Charge-Off Ratio (%) | 0.20% | 0.24% | 0.12% | 0.26% | 0.21% | 0.26% | 0.21% | 0.11% |
| ▁▆▂▂▂▇█▆ | Tang. Book Value ($M) | $22 | $23 | $22 | $22 | $22 | $24 | $24 | $23 |
| ▁▁▂▄▄▅▆█ | Gross Loans ($M) | $67 | $67 | $69 | $71 | $72 | $72 | $75 | $77 |
| ▂▂▁▂▅███ | Total Deposits ($M) | $104 | $104 | $102 | $104 | $107 | $111 | $110 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 21% |
| Agricultural | 4% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 14% |