Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.83% | -0.04 | 1.87% |
| Return on Equity (%) | ▼ | 6.46% | -0.77 | 7.23% |
| Net Interest Margin (%) | ▲ | 4.60% | +0.16 | 4.44% |
| Efficiency Ratio (%) | ▲ | 51.12% | -0.21 | 51.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▼ | 0.61% | +0.02 | 0.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $170 | -7.33 | $178 |
| Gross Loans ($M) | ▲ | $74 | +1.65 | $73 |
| Loan Growth YoY (%) | ▲ | 64.77% | +3.67 | 61.09% |
| Total Deposits ($M) | ▼ | $112 | -4.03 | $116 |
| Shareholders Equity ($M) | ▲ | $49 | +2.99 | $46 |
| Tang. Book Value ($M) | ▲ | $49 | +2.99 | $46 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +3.17 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 64.77% | +3.67 | 61.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.15 | 0.14% |
| Allowance / Loans (%) | — | 2.67% | -0.05% | 2.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.66% | +0.31 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▄▁▅▇██ | Net Interest Margin (%) | 4.58% | 4.53% | 4.51% | 4.44% | 4.52% | 4.56% | 4.60% | 4.60% |
| █▆▄▁▂▂▃▁ | Return on Assets (%) | 2.22% | 2.09% | 2.01% | 1.87% | 1.91% | 1.93% | 1.94% | 1.83% |
| ▁▁▁█▆▃▂█ | Efficiency Ratio (%) | 49.2% | 49.4% | 49.4% | 51.3% | 50.6% | 49.9% | 49.5% | 51.1% |
| ▁█▇▇████ | Cost of Funds (%) | 0.48% | 0.59% | 0.58% | 0.59% | 0.61% | 0.60% | 0.61% | 0.61% |
| ▅▃▂▁▂▄▅█ | NPA / Assets (%) | 0.22% | 0.19% | 0.17% | 0.14% | 0.17% | 0.21% | 0.24% | 0.30% |
| ▄▂▂▁▁▄▅█ | Net Charge-Off Ratio (%) | 0.49% | 0.42% | 0.40% | 0.35% | 0.38% | 0.48% | 0.54% | 0.66% |
| ▁▃▂▄▆███ | Tang. Book Value ($M) | $44 | $46 | $45 | $46 | $47 | $49 | $49 | $49 |
| █▇▄▁▆▆▇▆ | Gross Loans ($M) | $75 | $75 | $74 | $73 | $74 | $75 | $75 | $74 |
| ▁▁▇█▂▁▆▄ | Total Deposits ($M) | $109 | $110 | $115 | $116 | $111 | $109 | $114 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 2% |
| Agricultural | 1% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 6% |