Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.53% | -0.04 | 1.57% |
| Return on Equity (%) | ▼ | 15.22% | -1.49 | 16.71% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.33 | 3.98% |
| Efficiency Ratio (%) | ▼ | 66.11% | +4.20 | 61.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.45% | -0.11 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $276 | +18.69 | $257 |
| Gross Loans ($M) | ▲ | $166 | +2.33 | $164 |
| Loan Growth YoY (%) | ▼ | 66.13% | -3.37 | 69.50% |
| Total Deposits ($M) | ▲ | $246 | +15.19 | $231 |
| Shareholders Equity ($M) | ▲ | $28 | +2.95 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +2.95 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +2.92 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 66.13% | -3.37 | 69.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.01 | 0.03% |
| Allowance / Loans (%) | — | 1.92% | 0.01% | 1.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.38% | +0.27 | 16.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▅▅▁▅▅▅█ | Net Interest Margin (%) | 4.08% | 4.16% | 4.18% | 3.98% | 4.15% | 4.18% | 4.15% | 4.31% |
| ▆▇█▂▃▄▄▁ | Return on Assets (%) | 1.69% | 1.72% | 1.76% | 1.57% | 1.61% | 1.62% | 1.64% | 1.53% |
| ▃▂▁▃▄▄▄█ | Efficiency Ratio (%) | 61.4% | 60.8% | 59.4% | 61.9% | 62.4% | 62.6% | 62.1% | 66.1% |
| ▁▃▆█▇▇▅▃ | Cost of Funds (%) | 1.40% | 1.44% | 1.51% | 1.57% | 1.53% | 1.53% | 1.49% | 1.45% |
| █▄▄▂▂▂▂▁ | NPA / Assets (%) | 0.05% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% |
| █▄▃▂▂▂▂▁ | Net Charge-Off Ratio (%) | 0.08% | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% |
| ▁▄▃▄▅▇██ | Tang. Book Value ($M) | $21 | $24 | $23 | $24 | $25 | $26 | $26 | $27 |
| ▄▇█▆▅▄▁▇ | Gross Loans ($M) | $158 | $165 | $168 | $164 | $160 | $159 | $150 | $166 |
| ▁▂▄▁▂▄██ | Total Deposits ($M) | $233 | $233 | $238 | $231 | $234 | $239 | $245 | $246 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 14% |