Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +0.34 | 1.01% |
| Return on Equity (%) | ▲ | 18.62% | +0.12 | 18.50% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.56 | 3.47% |
| Efficiency Ratio (%) | ▲ | 56.71% | -1.44 | 58.15% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.17 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $128 | -8.12 | $136 |
| Gross Loans ($M) | ▲ | $93 | +3.86 | $89 |
| Loan Growth YoY (%) | ▲ | 77.61% | +9.08 | 68.53% |
| Total Deposits ($M) | ▼ | $118 | -10.00 | $128 |
| Shareholders Equity ($M) | ▲ | $9 | +1.79 | $7 |
| Tang. Book Value ($M) | ▲ | $9 | +1.79 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +1.79 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 77.61% | +9.08 | 68.53% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.59 | 0.80% |
| Allowance / Loans (%) | — | 1.32% | -0.10% | 1.41% |
| Net Charge-Off Ratio (%) | ▲ | 0.30% | -0.93 | 1.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.10% | +1.16 | 11.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▅▆█ | Net Interest Margin (%) | 3.35% | 3.36% | 3.41% | 3.47% | 3.65% | 3.73% | 3.83% | 4.04% |
| ▁▂▂▃▅▇▇█ | Return on Assets (%) | 0.83% | 0.91% | 0.93% | 1.01% | 1.16% | 1.27% | 1.28% | 1.35% |
| ▆▁▅█▁▁▆▁ | Efficiency Ratio (%) | 57.7% | 56.5% | 57.3% | 58.1% | 56.5% | 56.6% | 57.6% | 56.7% |
| ▅▆▆▅█▄▁▂ | Cost of Funds (%) | 1.81% | 1.88% | 1.87% | 1.82% | 1.98% | 1.79% | 1.60% | 1.65% |
| ▆██▆▁▂▁▁ | NPA / Assets (%) | 0.82% | 1.05% | 0.99% | 0.80% | 0.31% | 0.32% | 0.25% | 0.21% |
| ▆█▇▇▂▁▁▁ | Net Charge-Off Ratio (%) | 1.17% | 1.46% | 1.31% | 1.22% | 0.45% | 0.44% | 0.33% | 0.30% |
| ▁▃▂▄▆▇██ | Tang. Book Value ($M) | $6 | $7 | $7 | $7 | $8 | $9 | $9 | $9 |
| ▁▆█▂▃▅█▇ | Gross Loans ($M) | $87 | $92 | $95 | $89 | $90 | $92 | $94 | $93 |
| ▁▂▅█▆▃▄▅ | Total Deposits ($M) | $108 | $111 | $119 | $128 | $122 | $115 | $116 | $118 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 20% |
| Agricultural | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |