Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.13 | 1.05% |
| Return on Equity (%) | ▲ | 11.30% | +1.06 | 10.24% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.39 | 3.72% |
| Efficiency Ratio (%) | ▲ | 61.04% | -4.02 | 65.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.19% | -0.08 | 1.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $157 | +14.19 | $142 |
| Gross Loans ($M) | ▲ | $106 | +7.94 | $98 |
| Loan Growth YoY (%) | ▼ | 79.05% | -5.07 | 84.12% |
| Total Deposits ($M) | ▲ | $132 | +17.40 | $115 |
| Shareholders Equity ($M) | ▲ | $16 | +1.17 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.17 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.54 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 79.05% | -5.07 | 84.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.00 | 0.19% |
| Allowance / Loans (%) | — | 1.07% | -0.07% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 0.14% | +0.01 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▆▇█ | Net Interest Margin (%) | 3.23% | 3.25% | 3.32% | 3.72% | 3.80% | 3.87% | 3.91% | 4.10% |
| ▁▁▁▅▆▇██ | Return on Assets (%) | 0.91% | 0.90% | 0.93% | 1.05% | 1.09% | 1.12% | 1.16% | 1.19% |
| ██▇▇▅▄▂▁ | Efficiency Ratio (%) | 65.9% | 65.8% | 64.7% | 65.1% | 63.6% | 62.9% | 61.8% | 61.0% |
| ▇█▅▃▂▂▂▁ | Cost of Funds (%) | 1.44% | 1.51% | 1.38% | 1.27% | 1.23% | 1.24% | 1.26% | 1.19% |
| ▁▆█▆▆▆█▆ | NPA / Assets (%) | 0.11% | 0.19% | 0.23% | 0.19% | 0.19% | 0.19% | 0.22% | 0.19% |
| ▁▇█▆▆▆█▇ | Net Charge-Off Ratio (%) | 0.00% | 0.13% | 0.18% | 0.13% | 0.13% | 0.13% | 0.17% | 0.14% |
| ▁▃▃▃▅▇██ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $15 | $16 | $16 | $16 |
| ▁▁▂▁▄▄▇█ | Gross Loans ($M) | $98 | $97 | $99 | $98 | $101 | $101 | $104 | $106 |
| ▃▁▃▁▃▄▄█ | Total Deposits ($M) | $119 | $114 | $120 | $115 | $120 | $123 | $122 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Agricultural | 10% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 2% |