Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.12 | 1.34% |
| Return on Equity (%) | ▼ | 16.73% | -0.03 | 16.76% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.51 | 3.05% |
| Efficiency Ratio (%) | ▲ | 47.12% | -8.86 | 55.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $0 |
| Cost of Funds (%) | ▲ | 2.63% | -0.18 | 2.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $135 | +15.96 | $119 |
| Gross Loans ($M) | ▲ | $99 | +14.04 | $85 |
| Loan Growth YoY (%) | ▲ | 89.78% | +5.64 | 84.14% |
| Total Deposits ($M) | ▲ | $109 | +8.74 | $100 |
| Shareholders Equity ($M) | ▲ | $12 | +2.30 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +2.30 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +2.43 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 89.78% | +5.64 | 84.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.58% | -0.31 | 0.90% |
| Allowance / Loans (%) | — | 1.31% | 0.43% | 0.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.80% | -0.46 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▃▁▁▁▃█ | Net Interest Margin (%) | 3.24% | 3.26% | 3.22% | 3.05% | 3.09% | 3.05% | 3.19% | 3.56% |
| ▆▇▆▇▆▁▃█ | Return on Assets (%) | 1.25% | 1.37% | 1.28% | 1.34% | 1.22% | 0.83% | 1.04% | 1.46% |
| ▆▄▆█▅██▁ | Efficiency Ratio (%) | 53.2% | 50.6% | 53.6% | 56.0% | 52.0% | 55.8% | 55.0% | 47.1% |
| ▁▃█▆██▄▁ | Cost of Funds (%) | 2.59% | 2.68% | 2.88% | 2.81% | 2.88% | 2.90% | 2.72% | 2.63% |
| ▁▁███▇▇▅ | NPA / Assets (%) | 0.14% | 0.15% | 0.88% | 0.90% | 0.84% | 0.74% | 0.80% | 0.58% |
| ▁▁███▇▅▅ | Net Charge-Off Ratio (%) | 0.21% | 0.21% | 1.22% | 1.25% | 1.18% | 1.03% | 0.78% | 0.80% |
| ▁▃▂▃▄▇██ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $10 | $11 | $12 | $12 |
| ▁▁▃▄▅▆██ | Gross Loans ($M) | $76 | $79 | $82 | $85 | $90 | $93 | $97 | $99 |
| ▁▁▂▅▇█▇█ | Total Deposits ($M) | $90 | $90 | $95 | $100 | $105 | $109 | $106 | $109 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 30% |