Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.28 | 0.88% |
| Return on Equity (%) | ▲ | 17.04% | +2.83 | 14.21% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.34 | 3.52% |
| Efficiency Ratio (%) | ▲ | 66.45% | -6.67 | 73.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.50% | -0.12 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +6.90 | $119 |
| Gross Loans ($M) | ▲ | $83 | +6.80 | $76 |
| Loan Growth YoY (%) | ▲ | 70.65% | +2.53 | 68.13% |
| Total Deposits ($M) | ▲ | $116 | +5.66 | $111 |
| Shareholders Equity ($M) | ▲ | $9 | +1.22 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.22 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +1.08 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 70.65% | +2.53 | 68.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.22 | 0.06% |
| Allowance / Loans (%) | — | 1.02% | -0.08% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.21% | +0.13 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.54% | -0.21 | 12.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.26% | 3.30% | 3.37% | 3.52% | 3.61% | 3.65% | 3.74% | 3.86% |
| ▁▁▂▄▅▅▆█ | Return on Assets (%) | 0.69% | 0.72% | 0.78% | 0.88% | 0.98% | 0.95% | 1.00% | 1.16% |
| ██▇▅▄▄▃▁ | Efficiency Ratio (%) | 79.2% | 78.1% | 76.6% | 73.1% | 71.3% | 72.0% | 70.6% | 66.4% |
| ▇▇█▆█▄▂▁ | Cost of Funds (%) | 1.65% | 1.65% | 1.69% | 1.62% | 1.67% | 1.58% | 1.53% | 1.50% |
| ██▁▁█▇▇▅ | NPA / Assets (%) | 0.46% | 0.49% | 0.05% | 0.06% | 0.44% | 0.43% | 0.41% | 0.28% |
| ██▁▁▇▅▅▂ | Net Charge-Off Ratio (%) | 0.71% | 0.77% | 0.09% | 0.09% | 0.67% | 0.46% | 0.43% | 0.21% |
| ▁▄▂▃▅▇▇█ | Tang. Book Value ($M) | $7 | $8 | $7 | $7 | $8 | $8 | $8 | $9 |
| ▁▁▁▃▆▇██ | Gross Loans ($M) | $73 | $74 | $74 | $76 | $80 | $82 | $82 | $83 |
| ▁▃▄▄▅██▇ | Total Deposits ($M) | $104 | $107 | $111 | $111 | $112 | $117 | $119 | $116 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 14% |
| Agricultural | 8% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 8% |