Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.16% | +1.07 | 1.09% |
| Return on Equity (%) | ▲ | 23.61% | +9.11 | 14.50% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.38 | 3.77% |
| Efficiency Ratio (%) | ▼ | 68.37% | +2.37 | 66.01% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 2.19% | -0.27 | 2.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $201 | +9.38 | $191 |
| Gross Loans ($M) | ▲ | $139 | +11.77 | $127 |
| Loan Growth YoY (%) | ▲ | 75.43% | +4.17 | 71.26% |
| Total Deposits ($M) | ▲ | $181 | +5.55 | $176 |
| Shareholders Equity ($M) | ▲ | $19 | +3.84 | $15 |
| Tang. Book Value ($M) | ▲ | $19 | +3.84 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +3.07 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 75.43% | +4.17 | 71.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.10 | 0.30% |
| Allowance / Loans (%) | — | 1.25% | 0.08% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.29 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.36% | +0.39 | 12.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅▅▄█ | Net Interest Margin (%) | 3.38% | 3.38% | 3.39% | 3.77% | 3.83% | 3.79% | 3.68% | 4.15% |
| ▅▅▅▆▆▆▁█ | Return on Assets (%) | 0.75% | 0.78% | 0.70% | 1.09% | 1.03% | 1.03% | -1.20% | 2.16% |
| ▆▇█▁▂▃▅▂ | Efficiency Ratio (%) | 75.6% | 76.6% | 79.3% | 66.0% | 69.0% | 69.5% | 74.1% | 68.4% |
| ▆█▆▄▂▁▂▁ | Cost of Funds (%) | 2.68% | 2.92% | 2.65% | 2.47% | 2.34% | 2.23% | 2.36% | 2.19% |
| ▃▂█▆▁▁█▃ | NPA / Assets (%) | 0.19% | 0.16% | 0.38% | 0.30% | 0.11% | 0.09% | 0.41% | 0.20% |
| ▂▃█▇▁▁▆▁ | Net Charge-Off Ratio (%) | 0.22% | 0.26% | 0.56% | 0.45% | 0.17% | 0.15% | 0.44% | 0.17% |
| ▁▂▁▂▂▅▇█ | Tang. Book Value ($M) | $14 | $15 | $14 | $15 | $15 | $17 | $18 | $19 |
| ▁▁▅▄▃▆█▇ | Gross Loans ($M) | $115 | $114 | $130 | $127 | $124 | $135 | $143 | $139 |
| ▂▁▃▃▂█▃▄ | Total Deposits ($M) | $174 | $169 | $175 | $176 | $174 | $194 | $178 | $181 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 26% |
| Agricultural | 21% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 24% |