Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.96% | +0.30 | 0.65% |
| Return on Equity (%) | ▲ | 10.13% | +3.24 | 6.89% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.25 | 3.79% |
| Efficiency Ratio (%) | ▲ | 62.95% | -7.84 | 70.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 2.00% | -0.19 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +10.84 | $130 |
| Gross Loans ($M) | ▲ | $118 | +10.31 | $108 |
| Loan Growth YoY (%) | ▲ | 97.92% | +1.69 | 96.24% |
| Total Deposits ($M) | ▲ | $119 | +8.67 | $111 |
| Shareholders Equity ($M) | ▲ | $13 | +0.85 | $13 |
| Tang. Book Value ($M) | ▲ | $13 | +0.85 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 97.92% | +1.69 | 96.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.11 | 0.17% |
| Allowance / Loans (%) | — | 1.16% | -0.16% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.34% | +0.13 | 0.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.53% | -0.79 | 12.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 3.67% | 3.66% | 3.68% | 3.79% | 3.84% | 3.88% | 3.90% | 4.03% |
| ▁▁▁▂▃▃▄█ | Return on Assets (%) | 0.59% | 0.62% | 0.62% | 0.65% | 0.72% | 0.71% | 0.75% | 0.96% |
| ██▇▇▆▅▄▁ | Efficiency Ratio (%) | 72.2% | 71.3% | 70.7% | 70.8% | 69.3% | 68.3% | 67.5% | 63.0% |
| ▄██▅▂▃▁▁ | Cost of Funds (%) | 2.15% | 2.34% | 2.32% | 2.19% | 2.05% | 2.07% | 1.97% | 2.00% |
| ▂▂▂▃▄▂▁█ | NPA / Assets (%) | 0.17% | 0.16% | 0.16% | 0.17% | 0.20% | 0.16% | 0.13% | 0.28% |
| ▂▂▂▂▄▂▁█ | Net Charge-Off Ratio (%) | 0.21% | 0.20% | 0.21% | 0.21% | 0.24% | 0.20% | 0.17% | 0.34% |
| ▁▃▂▁▄▅██ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $13 | $13 | $13 |
| ▅▄▁▂▂▄▄█ | Gross Loans ($M) | $113 | $112 | $106 | $108 | $109 | $111 | $111 | $118 |
| ▁▂▄▃▃▅█▇ | Total Deposits ($M) | $105 | $109 | $112 | $111 | $111 | $114 | $122 | $119 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 14% |
| Agricultural | 16% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 4% |