Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.13 | 1.16% |
| Return on Equity (%) | ▲ | 12.02% | +1.05 | 10.97% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.14 | 3.56% |
| Efficiency Ratio (%) | ▲ | 63.88% | -3.35 | 67.23% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▼ | 1.87% | +0.11 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $151 | +12.10 | $139 |
| Gross Loans ($M) | ▲ | $113 | +6.46 | $106 |
| Loan Growth YoY (%) | ▼ | 83.88% | -2.02 | 85.90% |
| Total Deposits ($M) | ▲ | $133 | +10.59 | $122 |
| Shareholders Equity ($M) | ▲ | $16 | +1.43 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.43 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.49 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 83.88% | -2.02 | 85.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.06 | 0.06% |
| Allowance / Loans (%) | — | 1.22% | -0.03% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.08 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.12% | +0.01 | 15.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇███ | Net Interest Margin (%) | 3.23% | 3.26% | 3.30% | 3.56% | 3.62% | 3.64% | 3.65% | 3.70% |
| ▁▁▂▆▇▆██ | Return on Assets (%) | 0.93% | 0.95% | 0.98% | 1.16% | 1.24% | 1.20% | 1.25% | 1.30% |
| ██▇▄▂▂▁▁ | Efficiency Ratio (%) | 72.0% | 71.6% | 71.0% | 67.2% | 65.6% | 65.2% | 64.5% | 63.9% |
| ▂▆▆▁▂▅█▄ | Cost of Funds (%) | 1.82% | 1.94% | 1.92% | 1.76% | 1.82% | 1.91% | 2.01% | 1.87% |
| ▄▃▁▁▅█▇▆ | NPA / Assets (%) | 0.10% | 0.08% | 0.07% | 0.06% | 0.10% | 0.14% | 0.12% | 0.12% |
| ▅▃▁▁▅█▇▇ | Net Charge-Off Ratio (%) | 0.13% | 0.11% | 0.08% | 0.07% | 0.14% | 0.18% | 0.16% | 0.15% |
| ▁▃▂▃▅▇██ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $15 | $15 | $16 | $16 |
| ▁▁▃▅▅▅██ | Gross Loans ($M) | $96 | $97 | $102 | $106 | $105 | $105 | $114 | $113 |
| ▁▁▁▅▅▄▆█ | Total Deposits ($M) | $108 | $106 | $109 | $122 | $123 | $119 | $125 | $133 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 16% |
| Agricultural | 18% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 11% |