Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.81% | +0.20 | 0.61% |
| Return on Equity (%) | ▲ | 9.52% | +1.52 | 8.00% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.34 | 4.04% |
| Efficiency Ratio (%) | ▲ | 76.77% | -3.08 | 79.85% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.12% | -0.10 | 1.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $102 | -3.42 | $105 |
| Gross Loans ($M) | ▲ | $75 | +3.45 | $71 |
| Loan Growth YoY (%) | ▲ | 80.41% | +7.27 | 73.15% |
| Total Deposits ($M) | ▼ | $92 | -4.51 | $97 |
| Shareholders Equity ($M) | ▲ | $9 | +0.77 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +0.77 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 80.41% | +7.27 | 73.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.30% | -0.04 | 0.33% |
| Allowance / Loans (%) | — | 0.59% | 0.05% | 0.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.09 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.90% | +0.79 | 11.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▅▇██ | Net Interest Margin (%) | 3.97% | 4.00% | 4.07% | 4.04% | 4.20% | 4.34% | 4.40% | 4.39% |
| ▁▁▃▆▇███ | Return on Assets (%) | 0.27% | 0.33% | 0.43% | 0.61% | 0.68% | 0.80% | 0.76% | 0.81% |
| █▇▆▃▂▁▂▁ | Efficiency Ratio (%) | 89.3% | 86.6% | 84.2% | 79.8% | 77.6% | 75.0% | 77.1% | 76.8% |
| █▆▅▃▅▃▂▁ | Cost of Funds (%) | 1.40% | 1.32% | 1.26% | 1.22% | 1.28% | 1.21% | 1.16% | 1.12% |
| ▂█▁▁▂▂▁▁ | NPA / Assets (%) | 0.41% | 0.84% | 0.36% | 0.33% | 0.42% | 0.40% | 0.30% | 0.30% |
| ▂█▂▁▂▂▁▁ | Net Charge-Off Ratio (%) | 0.55% | 1.15% | 0.51% | 0.50% | 0.57% | 0.55% | 0.41% | 0.41% |
| ▁▃▃▃▅▇██ | Tang. Book Value ($M) | $8 | $8 | $8 | $8 | $8 | $9 | $9 | $9 |
| ▁▄▁▁██▇▆ | Gross Loans ($M) | $71 | $73 | $71 | $71 | $76 | $76 | $75 | $75 |
| ▁▄▆█▅▇▆▄ | Total Deposits ($M) | $88 | $91 | $93 | $97 | $93 | $94 | $94 | $92 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 13% |