Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.28 | 0.64% |
| Return on Equity (%) | ▲ | 9.63% | +1.92 | 7.71% |
| Net Interest Margin (%) | ▲ | 3.38% | +0.46 | 2.92% |
| Efficiency Ratio (%) | ▲ | 67.83% | -7.05 | 74.89% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $0 |
| Cost of Funds (%) | ▲ | 1.97% | -0.33 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $233 | -4.00 | $237 |
| Gross Loans ($M) | ▲ | $152 | +7.97 | $144 |
| Loan Growth YoY (%) | ▲ | 76.96% | +0.69 | 76.27% |
| Total Deposits ($M) | ▲ | $195 | +8.68 | $187 |
| Shareholders Equity ($M) | ▲ | $23 | +2.48 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +2.48 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.05 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 76.96% | +0.69 | 76.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.59 | 0.70% |
| Allowance / Loans (%) | — | 0.92% | -0.05% | 0.96% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.98 | 1.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▆▆█ | Net Interest Margin (%) | 2.44% | 2.46% | 2.54% | 2.92% | 3.04% | 3.07% | 3.11% | 3.38% |
| ▁▁▂▄▆▆▇█ | Return on Assets (%) | 0.39% | 0.38% | 0.48% | 0.64% | 0.74% | 0.76% | 0.81% | 0.92% |
| ██▆▄▃▂▂▁ | Efficiency Ratio (%) | 83.9% | 84.4% | 80.1% | 74.9% | 72.3% | 71.8% | 70.1% | 67.8% |
| ▆██▅▃▃▃▁ | Cost of Funds (%) | 2.39% | 2.60% | 2.58% | 2.31% | 2.15% | 2.18% | 2.16% | 1.97% |
| ▄▁▁▇█▄▁▁ | NPA / Assets (%) | 0.42% | 0.15% | 0.17% | 0.70% | 0.84% | 0.46% | 0.15% | 0.12% |
| ▄▁▁▇█▄▁▁ | Net Charge-Off Ratio (%) | 0.71% | 0.24% | 0.27% | 1.16% | 1.35% | 0.73% | 0.24% | 0.18% |
| ▁▅▁▃▃▇██ | Tang. Book Value ($M) | $19 | $21 | $20 | $21 | $21 | $22 | $23 | $23 |
| ▁▅▆▁▂██▅ | Gross Loans ($M) | $145 | $153 | $154 | $144 | $147 | $157 | $159 | $152 |
| ▇▄▁▂▆▅██ | Total Deposits ($M) | $193 | $189 | $185 | $187 | $192 | $191 | $195 | $195 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 10% |
| Agricultural | 33% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 2% |