Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.35 | 1.43% |
| Return on Equity (%) | ▲ | 21.72% | +3.07 | 18.65% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.15 | 3.88% |
| Efficiency Ratio (%) | ▲ | 58.11% | -6.33 | 64.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▼ | 1.49% | +0.07 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $235 | +23.45 | $211 |
| Gross Loans ($M) | ▲ | $161 | +21.80 | $139 |
| Loan Growth YoY (%) | ▲ | 83.75% | +4.82 | 78.93% |
| Total Deposits ($M) | ▲ | $190 | +15.93 | $174 |
| Shareholders Equity ($M) | ▲ | $18 | +2.65 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +2.65 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +3.17 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 83.75% | +4.82 | 78.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.36% | +0.06 | 0.30% |
| Allowance / Loans (%) | — | 1.11% | -0.11% | 1.22% |
| Net Charge-Off Ratio (%) | ▼ | 0.52% | +0.22 | 0.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▅▁▆██▆ | Net Interest Margin (%) | 3.98% | 4.02% | 4.00% | 3.88% | 4.03% | 4.09% | 4.11% | 4.03% |
| ▃▃▂▁▆▇▆█ | Return on Assets (%) | 1.54% | 1.55% | 1.50% | 1.43% | 1.65% | 1.73% | 1.66% | 1.78% |
| ▇▇██▄▂▁▁ | Efficiency Ratio (%) | 63.6% | 63.7% | 64.9% | 64.4% | 60.8% | 59.1% | 58.2% | 58.1% |
| ▁▁█▂▃▃▄▃ | Cost of Funds (%) | 1.38% | 1.41% | 1.67% | 1.43% | 1.48% | 1.48% | 1.50% | 1.49% |
| ▁▅▇▅█▅▆▇ | NPA / Assets (%) | 0.18% | 0.30% | 0.34% | 0.30% | 0.38% | 0.29% | 0.32% | 0.36% |
| ▁▆▇▂▆▄▅█ | Net Charge-Off Ratio (%) | 0.26% | 0.43% | 0.49% | 0.30% | 0.45% | 0.38% | 0.40% | 0.52% |
| ▁▃▃▃▄▆██ | Tang. Book Value ($M) | $14 | $16 | $16 | $16 | $17 | $18 | $19 | $18 |
| ▁▁▂▃▅▇██ | Gross Loans ($M) | $130 | $132 | $137 | $139 | $148 | $153 | $161 | $161 |
| ▁▂▂▅▅▆▆█ | Total Deposits ($M) | $157 | $161 | $163 | $174 | $175 | $178 | $178 | $190 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 4% |
| Agricultural | 4% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 15% |