Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.09 | 1.13% |
| Return on Equity (%) | ▼ | 17.02% | -2.04 | 19.06% |
| Net Interest Margin (%) | ▲ | 3.32% | +0.18 | 3.14% |
| Efficiency Ratio (%) | ▲ | 65.18% | -3.00 | 68.17% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.06 | $0 |
| Cost of Funds (%) | ▲ | 0.75% | -0.01 | 0.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $124 | +8.09 | $116 |
| Gross Loans ($M) | ▲ | $51 | +4.11 | $47 |
| Loan Growth YoY (%) | ▲ | 44.18% | +1.35 | 42.83% |
| Total Deposits ($M) | ▲ | $114 | +6.10 | $108 |
| Shareholders Equity ($M) | ▲ | $9 | +1.70 | $7 |
| Tang. Book Value ($M) | ▲ | $9 | +1.71 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +1.71 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 44.18% | +1.35 | 42.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Allowance / Loans (%) | — | 1.64% | -0.23% | 1.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.14 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.52% | +0.20 | 19.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▆▇█ | Net Interest Margin (%) | 2.99% | 2.98% | 3.04% | 3.14% | 3.14% | 3.20% | 3.26% | 3.32% |
| ▁▁▁▅▄▅▅█ | Return on Assets (%) | 1.03% | 1.02% | 1.02% | 1.13% | 1.11% | 1.13% | 1.15% | 1.22% |
| ▇██▅▆▅▅▁ | Efficiency Ratio (%) | 69.2% | 69.6% | 70.0% | 68.2% | 68.4% | 68.2% | 68.0% | 65.2% |
| ▅█▄▁▃▁▁▁ | Cost of Funds (%) | 0.86% | 0.98% | 0.84% | 0.75% | 0.81% | 0.77% | 0.76% | 0.75% |
| ▇█▁▇█▄▂▁ | NPA / Assets (%) | 0.06% | 0.07% | 0.00% | 0.06% | 0.07% | 0.03% | 0.02% | 0.00% |
| ▁▂▁██▄▂▁ | Net Charge-Off Ratio (%) | 0.00% | 0.02% | 0.00% | 0.14% | 0.16% | 0.07% | 0.04% | 0.00% |
| ▁▄▃▅▆▇██ | Tang. Book Value ($M) | $5 | $7 | $6 | $7 | $7 | $8 | $8 | $9 |
| ▂▄▆▁▅▇█▆ | Gross Loans ($M) | $48 | $49 | $51 | $47 | $50 | $52 | $53 | $51 |
| ▃▂▁▄▁▆▆█ | Total Deposits ($M) | $106 | $105 | $104 | $108 | $103 | $110 | $111 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 8% |
| Agricultural | 14% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 3% |