Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.03% | +0.32 | 1.71% |
| Return on Equity (%) | ▲ | 24.24% | +3.66 | 20.58% |
| Net Interest Margin (%) | ▲ | 4.40% | +0.42 | 3.98% |
| Efficiency Ratio (%) | ▲ | 54.64% | -4.11 | 58.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▼ | 0.61% | +0.14 | 0.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $207 | +2.98 | $204 |
| Gross Loans ($M) | ▲ | $111 | +4.30 | $107 |
| Loan Growth YoY (%) | ▲ | 58.21% | +1.64 | 56.57% |
| Total Deposits ($M) | ▲ | $189 | +2.10 | $187 |
| Shareholders Equity ($M) | ▲ | $17 | +0.91 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +0.91 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +0.93 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 58.21% | +1.64 | 56.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.01 | 0.11% |
| Allowance / Loans (%) | — | 0.72% | -0.02% | 0.74% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.11% | +0.32 | 16.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 3.51% | 3.57% | 3.63% | 3.98% | 4.12% | 4.16% | 4.24% | 4.40% |
| ▁▁█▅▆▆▅█ | Return on Assets (%) | 1.23% | 1.27% | 2.00% | 1.71% | 1.81% | 1.79% | 1.65% | 2.03% |
| ██▂▃▃▃▆▁ | Efficiency Ratio (%) | 65.5% | 65.9% | 56.3% | 58.8% | 57.6% | 58.6% | 62.3% | 54.6% |
| ▃▄▁▁▂▄▃█ | Cost of Funds (%) | 0.52% | 0.52% | 0.49% | 0.47% | 0.50% | 0.54% | 0.52% | 0.61% |
| ▇▇▅▆▇█▁▁ | NPA / Assets (%) | 0.11% | 0.11% | 0.11% | 0.11% | 0.12% | 0.12% | 0.10% | 0.10% |
| ███▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.20% | 0.20% | 0.21% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% |
| ▁▂█▄▄▄▅▇ | Tang. Book Value ($M) | $16 | $16 | $18 | $16 | $16 | $17 | $17 | $17 |
| █▇▄▁▂▁▃▅ | Gross Loans ($M) | $115 | $113 | $111 | $107 | $108 | $107 | $109 | $111 |
| ▆▅█▇▁▁▅█ | Total Deposits ($M) | $184 | $183 | $190 | $187 | $175 | $173 | $183 | $189 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 3% |