Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.61% | -0.16 | 1.77% |
| Return on Equity (%) | ▼ | 16.86% | -1.85 | 18.71% |
| Net Interest Margin (%) | ▲ | 6.44% | +0.44 | 6.00% |
| Efficiency Ratio (%) | ▼ | 68.08% | +2.98 | 65.10% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.27% | -0.06 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $104 | +0.11 | $104 |
| Gross Loans ($M) | ▲ | $73 | +3.76 | $69 |
| Loan Growth YoY (%) | ▲ | 77.29% | +2.14 | 75.15% |
| Total Deposits ($M) | ▲ | $93 | +2.40 | $91 |
| Shareholders Equity ($M) | ▲ | $10 | +0.05 | $10 |
| Tang. Book Value ($M) | ▲ | $10 | +0.05 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 77.29% | +2.14 | 75.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.03 | 0.21% |
| Allowance / Loans (%) | — | 1.17% | -0.13% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.13 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.64% | -1.75 | 16.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅▂▄▄▆█ | Net Interest Margin (%) | 5.88% | 6.04% | 6.18% | 6.00% | 6.11% | 6.13% | 6.26% | 6.44% |
| ▁▃▄█▇▅▅▆ | Return on Assets (%) | 1.27% | 1.41% | 1.48% | 1.77% | 1.66% | 1.56% | 1.56% | 1.61% |
| █▆▅▁▂▃▃▄ | Efficiency Ratio (%) | 71.3% | 69.4% | 68.7% | 65.1% | 66.0% | 67.1% | 67.4% | 68.1% |
| ██▇▃▃▂▂▁ | Cost of Funds (%) | 1.46% | 1.44% | 1.43% | 1.33% | 1.32% | 1.31% | 1.30% | 1.27% |
| ▆█▅▁▁▆▅▁ | NPA / Assets (%) | 0.70% | 1.00% | 0.60% | 0.21% | 0.21% | 0.79% | 0.62% | 0.19% |
| ▅█▆▁▂█▆▁ | Net Charge-Off Ratio (%) | 0.77% | 1.19% | 0.83% | 0.14% | 0.31% | 1.20% | 0.86% | 0.26% |
| ▁▃▁▄▆█▂▄ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $10 | $11 | $10 | $10 |
| ██▆▁▂▁▆▅ | Gross Loans ($M) | $75 | $75 | $74 | $69 | $71 | $70 | $73 | $73 |
| ▁▃▄▆▄▇▂█ | Total Deposits ($M) | $87 | $89 | $90 | $91 | $90 | $92 | $88 | $93 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 9% |