Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.84% | +0.09 | 1.75% |
| Return on Equity (%) | ▲ | 16.29% | +0.37 | 15.92% |
| Net Interest Margin (%) | ▲ | 4.53% | +0.18 | 4.35% |
| Efficiency Ratio (%) | ▼ | 48.67% | +0.28 | 48.39% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.11 | $2 |
| Cost of Funds (%) | ▲ | 1.07% | -0.13 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $272 | -0.42 | $272 |
| Gross Loans ($M) | ▲ | $181 | +12.56 | $169 |
| Loan Growth YoY (%) | ▲ | 75.02% | +5.25 | 69.77% |
| Total Deposits ($M) | ▲ | $239 | +0.04 | $239 |
| Shareholders Equity ($M) | ▲ | $31 | +1.18 | $30 |
| Tang. Book Value ($M) | ▲ | $31 | +1.18 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +1.56 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 75.02% | +5.25 | 69.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.37 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | -0.09% | 1.46% |
| Net Charge-Off Ratio (%) | ▼ | 0.55% | +0.55 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.13% | +0.03 | 17.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▅▁▅██▆ | Net Interest Margin (%) | 4.42% | 4.45% | 4.47% | 4.35% | 4.50% | 4.56% | 4.59% | 4.53% |
| ▂▃▅▁▃▆█▅ | Return on Assets (%) | 1.78% | 1.80% | 1.84% | 1.75% | 1.81% | 1.87% | 1.92% | 1.84% |
| ▆▅█▂▂▇▁▃ | Efficiency Ratio (%) | 49.4% | 49.0% | 49.9% | 48.4% | 48.3% | 49.5% | 48.0% | 48.7% |
| ██▆▃▃▂▂▁ | Cost of Funds (%) | 1.57% | 1.57% | 1.40% | 1.20% | 1.21% | 1.17% | 1.15% | 1.07% |
| ▁▁▁▁▁█▆▆ | NPA / Assets (%) | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 0.36% | 0.37% |
| ▁▁▁▁▁█▆▇ | Net Charge-Off Ratio (%) | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 0.53% | 0.55% |
| ▁▄▃▄▅▇██ | Tang. Book Value ($M) | $29 | $30 | $30 | $30 | $30 | $31 | $31 | $31 |
| ▂▁▁▁▃█▆▅ | Gross Loans ($M) | $174 | $169 | $170 | $169 | $176 | $193 | $187 | $181 |
| ▁▂▅▆▂▃█▆ | Total Deposits ($M) | $221 | $225 | $236 | $239 | $226 | $230 | $247 | $239 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 24% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 6% |