Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.07 | 1.45% |
| Return on Equity (%) | ▲ | 7.60% | +0.18 | 7.42% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.10 | 3.56% |
| Efficiency Ratio (%) | ▲ | 52.87% | -4.44 | 57.31% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.15% | -0.03 | 1.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $176 | +8.61 | $168 |
| Gross Loans ($M) | ▼ | $83 | -0.88 | $84 |
| Loan Growth YoY (%) | ▼ | 58.04% | -3.43 | 61.48% |
| Total Deposits ($M) | ▲ | $141 | +6.30 | $134 |
| Shareholders Equity ($M) | ▲ | $35 | +2.25 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +2.42 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +3.23 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 58.04% | -3.43 | 61.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.07 | 0.29% |
| Allowance / Loans (%) | — | 1.93% | 0.12% | 1.80% |
| Net Charge-Off Ratio (%) | ▲ | 0.46% | -0.11 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 36.28% | +4.41 | 31.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▅██▅ | Net Interest Margin (%) | 3.50% | 3.49% | 3.50% | 3.56% | 3.67% | 3.77% | 3.80% | 3.65% |
| ▇▅▁▇▆▇▆█ | Return on Assets (%) | 1.42% | 1.29% | 1.02% | 1.45% | 1.37% | 1.44% | 1.37% | 1.52% |
| ▁▃▆█▄▄▆▄ | Efficiency Ratio (%) | 49.6% | 51.7% | 55.3% | 57.3% | 53.2% | 52.5% | 55.2% | 52.9% |
| ▁█▇▃▄▃▂▁ | Cost of Funds (%) | 1.13% | 1.32% | 1.28% | 1.18% | 1.21% | 1.19% | 1.17% | 1.15% |
| ███▆▅▄▂▁ | NPA / Assets (%) | 0.32% | 0.32% | 0.32% | 0.29% | 0.28% | 0.26% | 0.23% | 0.22% |
| █▇█▇▅▂▁▂ | Net Charge-Off Ratio (%) | 0.60% | 0.58% | 0.60% | 0.57% | 0.53% | 0.48% | 0.44% | 0.46% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $30 | $30 | $30 | $31 | $31 | $32 | $33 | $33 |
| ▅█▃▂▃█▇▁ | Gross Loans ($M) | $87 | $90 | $86 | $84 | $85 | $90 | $89 | $83 |
| ▂▁▃▅▁▁▅█ | Total Deposits ($M) | $129 | $125 | $129 | $134 | $127 | $127 | $133 | $141 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 15% |
| Agricultural | 23% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |