Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.54% | +0.41 | 1.14% |
| Return on Equity (%) | ▲ | 15.04% | +2.04 | 13.00% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.70 | 3.65% |
| Efficiency Ratio (%) | ▲ | 62.77% | -4.89 | 67.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.28 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.39 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $286 | -18.10 | $304 |
| Gross Loans ($M) | ▼ | $226 | -4.23 | $230 |
| Loan Growth YoY (%) | ▼ | 89.31% | -4.25 | 93.56% |
| Total Deposits ($M) | ▲ | $251 | +6.93 | $244 |
| Shareholders Equity ($M) | ▲ | $30 | +2.75 | $27 |
| Tang. Book Value ($M) | ▲ | $26 | +2.75 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.22 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 89.31% | -4.25 | 93.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.17 | 0.15% |
| Allowance / Loans (%) | — | 1.08% | -0.02% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.34 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.00% | +1.46 | 10.54% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▆█ | Net Interest Margin (%) | 3.11% | 3.15% | 3.24% | 3.65% | 3.77% | 3.89% | 4.01% | 4.35% |
| ▂▁▂▃▆███ | Return on Assets (%) | 1.07% | 0.93% | 1.03% | 1.14% | 1.39% | 1.50% | 1.53% | 1.54% |
| ██▆▆▂▁▁▂ | Efficiency Ratio (%) | 69.5% | 70.0% | 67.6% | 67.7% | 62.7% | 61.1% | 62.1% | 62.8% |
| ▇█▇▅▄▄▂▁ | Cost of Funds (%) | 2.13% | 2.25% | 2.08% | 1.94% | 1.89% | 1.89% | 1.73% | 1.56% |
| ▁█▇▄▆▅▂█ | NPA / Assets (%) | 0.01% | 0.35% | 0.27% | 0.15% | 0.22% | 0.18% | 0.07% | 0.33% |
| ▁█▇▁▃▂▂▇ | Net Charge-Off Ratio (%) | 0.02% | 0.48% | 0.38% | 0.07% | 0.15% | 0.09% | 0.09% | 0.42% |
| ▁▃▃▄▆▇██ | Tang. Book Value ($M) | $21 | $22 | $22 | $23 | $24 | $25 | $26 | $26 |
| ▁▂▂▇█▆▅▅ | Gross Loans ($M) | $215 | $219 | $219 | $230 | $233 | $228 | $226 | $226 |
| ▂█▇▂▁▁▂▇ | Total Deposits ($M) | $244 | $252 | $250 | $244 | $242 | $243 | $244 | $251 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 14% |
| Agricultural | 3% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 8% |