Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.08 | 1.56% |
| Return on Equity (%) | ▲ | 15.93% | +0.69 | 15.24% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.16 | 3.91% |
| Efficiency Ratio (%) | ▲ | 59.40% | -0.63 | 60.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 2.56% | -0.08 | 2.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $262 | +27.40 | $234 |
| Gross Loans ($M) | ▲ | $235 | +27.29 | $208 |
| Loan Growth YoY (%) | ▲ | 103.85% | +0.50 | 103.35% |
| Total Deposits ($M) | ▲ | $224 | +24.93 | $199 |
| Shareholders Equity ($M) | ▲ | $27 | +2.96 | $24 |
| Tang. Book Value ($M) | ▲ | $27 | +3.07 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 103.85% | +0.50 | 103.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.15 | 0.26% |
| Allowance / Loans (%) | — | 1.24% | 0.04% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.12% | -0.17 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.93% | -0.24 | 13.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄███▆ | Net Interest Margin (%) | 3.68% | 3.77% | 3.82% | 3.91% | 4.21% | 4.15% | 4.19% | 4.06% |
| ▁▂▅▅██▇▇ | Return on Assets (%) | 1.43% | 1.48% | 1.59% | 1.56% | 1.68% | 1.68% | 1.65% | 1.64% |
| ██▁▅▄▅▆▃ | Efficiency Ratio (%) | 60.9% | 60.7% | 58.7% | 60.0% | 59.6% | 60.0% | 60.3% | 59.4% |
| ▄▇█▄▄▂▁▁ | Cost of Funds (%) | 2.63% | 2.72% | 2.75% | 2.63% | 2.63% | 2.61% | 2.56% | 2.56% |
| █▇▆▄▁▁▁▁ | NPA / Assets (%) | 0.50% | 0.41% | 0.39% | 0.26% | 0.12% | 0.10% | 0.11% | 0.11% |
| █▇▇▄▁▁▁▁ | Net Charge-Off Ratio (%) | 0.54% | 0.44% | 0.44% | 0.30% | 0.13% | 0.12% | 0.12% | 0.12% |
| ▁▂▁▃▄▆▇█ | Tang. Book Value ($M) | $23 | $23 | $23 | $24 | $25 | $25 | $26 | $27 |
| ▁▂▁▁▂▆██ | Gross Loans ($M) | $208 | $211 | $207 | $208 | $211 | $227 | $234 | $235 |
| ▁▁▂▂▃▆██ | Total Deposits ($M) | $192 | $194 | $198 | $199 | $203 | $216 | $224 | $224 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 33% |