Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.14 | 1.11% |
| Return on Equity (%) | ▲ | 13.33% | +0.31 | 13.02% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.37 | 3.42% |
| Efficiency Ratio (%) | ▲ | 60.86% | -1.91 | 62.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 2.21% | -0.28 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $358 | +24.09 | $334 |
| Gross Loans ($M) | ▲ | $280 | +20.32 | $259 |
| Loan Growth YoY (%) | ▼ | 91.40% | -3.40 | 94.81% |
| Total Deposits ($M) | ▲ | $303 | +32.05 | $271 |
| Shareholders Equity ($M) | ▲ | $33 | +4.59 | $29 |
| Tang. Book Value ($M) | ▲ | $31 | +4.60 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +4.48 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 91.40% | -3.40 | 94.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.08 | 0.10% |
| Allowance / Loans (%) | — | 1.02% | 0.02% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.10 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.76% | +0.51 | 11.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 3.21% | 3.21% | 3.34% | 3.42% | 3.57% | 3.60% | 3.72% | 3.79% |
| ▁▁▁▆▇██▇ | Return on Assets (%) | 0.67% | 0.65% | 0.62% | 1.11% | 1.24% | 1.29% | 1.36% | 1.25% |
| ▇██▂▁▁▁▁ | Efficiency Ratio (%) | 75.7% | 76.3% | 78.4% | 62.8% | 60.4% | 59.4% | 58.5% | 60.9% |
| ▆██▄▆▅▂▁ | Cost of Funds (%) | 2.58% | 2.79% | 2.74% | 2.49% | 2.61% | 2.52% | 2.35% | 2.21% |
| ██▂▃▅▇▂▁ | NPA / Assets (%) | 0.29% | 0.31% | 0.08% | 0.10% | 0.17% | 0.27% | 0.08% | 0.02% |
| ██▂▃▄▇▂▁ | Net Charge-Off Ratio (%) | 0.37% | 0.40% | 0.11% | 0.13% | 0.21% | 0.34% | 0.10% | 0.03% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $23 | $25 | $25 | $27 | $28 | $29 | $31 | $31 |
| ▁▂▃▄▃▅▇█ | Gross Loans ($M) | $245 | $253 | $256 | $259 | $255 | $264 | $272 | $280 |
| ▁▃▃▄▄▅▇█ | Total Deposits ($M) | $245 | $264 | $264 | $271 | $268 | $279 | $293 | $303 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 17% |
| Agricultural | 13% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 17% |