Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.26 | 0.52% |
| Return on Equity (%) | ▲ | 5.52% | +1.34 | 4.18% |
| Net Interest Margin (%) | ▲ | 3.20% | +0.39 | 2.81% |
| Efficiency Ratio (%) | ▲ | 63.69% | -14.31 | 78.00% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 1.28% | -0.02 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +0.65 | $116 |
| Gross Loans ($M) | ▲ | $55 | +6.47 | $48 |
| Loan Growth YoY (%) | ▲ | 53.96% | +7.00 | 46.97% |
| Total Deposits ($M) | ▼ | $100 | -1.21 | $101 |
| Shareholders Equity ($M) | ▲ | $16 | +1.61 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.61 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.45 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 53.96% | +7.00 | 46.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.68% | +0.41 | 0.27% |
| Allowance / Loans (%) | — | 1.68% | -0.12% | 1.80% |
| Net Charge-Off Ratio (%) | ▼ | 1.44% | +0.80 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 23.09% | +0.83 | 22.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▄▆▇█ | Net Interest Margin (%) | 2.79% | 2.81% | 2.81% | 2.81% | 2.95% | 3.08% | 3.13% | 3.20% |
| ▄▃▁▁▆██▇ | Return on Assets (%) | 0.67% | 0.61% | 0.55% | 0.52% | 0.73% | 0.82% | 0.84% | 0.77% |
| ▆▇▇█▄▂▂▁ | Efficiency Ratio (%) | 73.1% | 74.6% | 76.1% | 78.0% | 69.5% | 66.8% | 66.0% | 63.7% |
| ▁▃█▄▅▆▇▄ | Cost of Funds (%) | 1.21% | 1.28% | 1.40% | 1.30% | 1.32% | 1.34% | 1.37% | 1.28% |
| ▃▁▁▂▂▁▄█ | NPA / Assets (%) | 0.31% | 0.23% | 0.17% | 0.27% | 0.27% | 0.18% | 0.40% | 0.68% |
| ▃▂▁▂▂▁▄█ | Net Charge-Off Ratio (%) | 0.76% | 0.57% | 0.42% | 0.64% | 0.66% | 0.40% | 0.88% | 1.44% |
| ▁▄▂▃▅▇█▇ | Tang. Book Value ($M) | $13 | $15 | $14 | $14 | $15 | $16 | $16 | $16 |
| ▁▁▁▃▅▇▇█ | Gross Loans ($M) | $45 | $46 | $46 | $48 | $50 | $53 | $53 | $55 |
| ▁▁▂▅██▁▄ | Total Deposits ($M) | $97 | $97 | $98 | $101 | $104 | $103 | $97 | $100 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 7% |
| Agricultural | 27% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 4% |