Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.34 | 0.79% |
| Return on Equity (%) | ▲ | 13.82% | +3.66 | 10.16% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.15 | 4.03% |
| Efficiency Ratio (%) | ▲ | 64.62% | -0.30 | 64.92% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.04 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $243 | +11.82 | $231 |
| Gross Loans ($M) | ▲ | $196 | +6.53 | $190 |
| Loan Growth YoY (%) | ▼ | 99.30% | -1.46 | 100.77% |
| Total Deposits ($M) | ▲ | $195 | +8.78 | $186 |
| Shareholders Equity ($M) | ▲ | $21 | +2.02 | $19 |
| Tang. Book Value ($M) | ▲ | $19 | +2.10 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.84 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 99.30% | -1.46 | 100.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.62 | 0.33% |
| Allowance / Loans (%) | — | 1.57% | 0.23% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 1.08% | +0.68 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.59% | +0.45 | 11.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▇███ | Net Interest Margin (%) | 3.35% | 3.43% | 3.50% | 4.03% | 4.07% | 4.09% | 4.16% | 4.19% |
| ▁▁▂▄▄▅▅█ | Return on Assets (%) | 0.47% | 0.52% | 0.60% | 0.79% | 0.79% | 0.83% | 0.84% | 1.14% |
| ██▇▁▃▃▃▁ | Efficiency Ratio (%) | 80.4% | 78.9% | 77.2% | 64.9% | 69.4% | 70.1% | 69.6% | 64.6% |
| ▅██▅▅▃▁▄ | Cost of Funds (%) | 1.80% | 1.90% | 1.89% | 1.79% | 1.79% | 1.72% | 1.65% | 1.75% |
| ▂▂▁▁▁█▁█ | NPA / Assets (%) | 0.42% | 0.42% | 0.39% | 0.33% | 0.37% | 0.99% | 0.34% | 0.94% |
| ▂▂▂▁▁█▁▇ | Net Charge-Off Ratio (%) | 0.54% | 0.55% | 0.51% | 0.40% | 0.45% | 1.23% | 0.44% | 1.08% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $15 | $16 | $16 | $17 | $17 | $18 | $18 | $19 |
| ▁▂▁▄▅▆█▇ | Gross Loans ($M) | $182 | $184 | $184 | $190 | $193 | $196 | $200 | $196 |
| ▆▄▃▁▂▅█▄ | Total Deposits ($M) | $200 | $194 | $193 | $186 | $188 | $199 | $207 | $195 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Agricultural | 4% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 14% |