Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.00 | 0.62% |
| Return on Equity (%) | ▼ | 3.46% | -0.28 | 3.74% |
| Net Interest Margin (%) | ▲ | 5.22% | +0.53 | 4.70% |
| Efficiency Ratio (%) | ▼ | 81.21% | +0.81 | 80.39% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 0.74% | -0.10 | 0.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $117 | -4.77 | $122 |
| Gross Loans ($M) | ▲ | $91 | +7.99 | $83 |
| Loan Growth YoY (%) | ▲ | 95.00% | +12.85 | 82.15% |
| Total Deposits ($M) | ▼ | $95 | -5.27 | $100 |
| Shareholders Equity ($M) | ▲ | $21 | +0.77 | $20 |
| Tang. Book Value ($M) | ▲ | $16 | +0.79 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 95.00% | +12.85 | 82.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.90% | -0.10 | 1.00% |
| Allowance / Loans (%) | — | 0.79% | 0.06% | 0.72% |
| Net Charge-Off Ratio (%) | ▲ | 1.16% | -0.20 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 23.95% | -1.41 | 25.36% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 4.38% | 4.48% | 4.53% | 4.70% | 4.83% | 4.90% | 4.98% | 5.22% |
| ▁▃▄▄▄▆█▄ | Return on Assets (%) | 0.54% | 0.62% | 0.64% | 0.62% | 0.64% | 0.69% | 0.76% | 0.63% |
| █▆▆▇▃▂▁█ | Efficiency Ratio (%) | 81.1% | 79.5% | 79.7% | 80.4% | 78.3% | 77.6% | 76.7% | 81.2% |
| ▅█▆▇▆▆▄▁ | Cost of Funds (%) | 0.81% | 0.87% | 0.84% | 0.84% | 0.84% | 0.83% | 0.80% | 0.74% |
| ▁▂▂██▇██ | NPA / Assets (%) | 0.13% | 0.32% | 0.33% | 1.00% | 0.91% | 0.82% | 0.93% | 0.90% |
| ▁▃▃█▇▇▇▇ | Net Charge-Off Ratio (%) | 0.20% | 0.49% | 0.50% | 1.36% | 1.15% | 1.10% | 1.21% | 1.16% |
| ▇█▁▁▁▁▂▃ | Tang. Book Value ($M) | $18 | $18 | $16 | $16 | $16 | $16 | $16 | $16 |
| ▁▁▂▃▅▆██ | Gross Loans ($M) | $79 | $79 | $82 | $83 | $85 | $87 | $90 | $91 |
| ▄▄▇█▅▃▁▂ | Total Deposits ($M) | $97 | $97 | $99 | $100 | $97 | $96 | $94 | $95 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 2% |