Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.24 | 1.15% |
| Return on Equity (%) | ▲ | 16.14% | +1.51 | 14.63% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.01 | 3.72% |
| Efficiency Ratio (%) | ▲ | 64.76% | -0.76 | 65.52% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.59% | -0.11 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $303 | +21.95 | $281 |
| Gross Loans ($M) | ▲ | $171 | +13.64 | $158 |
| Loan Growth YoY (%) | ▲ | 62.92% | +0.58 | 62.33% |
| Total Deposits ($M) | ▲ | $270 | +19.20 | $250 |
| Shareholders Equity ($M) | ▲ | $26 | +3.35 | $22 |
| Tang. Book Value ($M) | ▲ | $26 | +3.35 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +3.62 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 62.92% | +0.58 | 62.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 0.98% | -0.02% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.71% | +0.69 | 17.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▅▁▄▃▅▁ | Net Interest Margin (%) | 3.96% | 3.88% | 3.87% | 3.72% | 3.82% | 3.81% | 3.86% | 3.74% |
| ███▁▄▄▆▆ | Return on Assets (%) | 1.46% | 1.46% | 1.50% | 1.15% | 1.29% | 1.29% | 1.40% | 1.39% |
| ▄▃▁█▆▆▃▆ | Efficiency Ratio (%) | 64.1% | 63.8% | 62.9% | 65.5% | 64.7% | 64.8% | 63.6% | 64.8% |
| ▂▅█▃▃▃▄▁ | Cost of Funds (%) | 1.64% | 1.75% | 1.90% | 1.70% | 1.68% | 1.69% | 1.71% | 1.59% |
| ▂▇█▁▃▃▁▁ | NPA / Assets (%) | 0.07% | 0.26% | 0.31% | 0.03% | 0.09% | 0.09% | 0.00% | 0.00% |
| ▂██▁▃▃▁▁ | Net Charge-Off Ratio (%) | 0.13% | 0.50% | 0.56% | 0.06% | 0.17% | 0.15% | 0.00% | 0.00% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $20 | $23 | $21 | $22 | $23 | $25 | $26 | $26 |
| ▁▁▃▅▃▇▇█ | Gross Loans ($M) | $141 | $142 | $149 | $158 | $151 | $165 | $167 | $171 |
| ▁▃▄▅▆▆▆█ | Total Deposits ($M) | $227 | $241 | $244 | $250 | $254 | $256 | $259 | $270 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 21% |
| Agricultural | 10% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 16% |