Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.71 | 0.57% |
| Return on Equity (%) | ▲ | 13.75% | +6.54 | 7.21% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.95 | 2.56% |
| Efficiency Ratio (%) | ▲ | 49.78% | -15.95 | 65.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.56 | $1 |
| Cost of Funds (%) | ▲ | 2.00% | -0.42 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +0.45 | $249 |
| Gross Loans ($M) | ▲ | $170 | +13.15 | $157 |
| Loan Growth YoY (%) | ▲ | 83.51% | +7.28 | 76.23% |
| Total Deposits ($M) | ▼ | $201 | -2.23 | $203 |
| Shareholders Equity ($M) | ▲ | $23 | +3.37 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +3.37 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.76 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 83.51% | +7.28 | 76.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.87% | -0.11 | 0.98% |
| Allowance / Loans (%) | — | 1.38% | 0.03% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 1.28% | -0.28 | 1.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.88% | +0.65 | 13.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 2.41% | 2.48% | 2.53% | 2.56% | 2.79% | 2.89% | 2.97% | 3.52% |
| ▁▂▂▂▄▅▄█ | Return on Assets (%) | 0.39% | 0.52% | 0.57% | 0.57% | 0.75% | 0.85% | 0.83% | 1.28% |
| █▇▆▆▄▃▃▁ | Efficiency Ratio (%) | 73.8% | 68.5% | 66.2% | 65.7% | 60.8% | 57.9% | 57.4% | 49.8% |
| ██▇▅▅▅▃▁ | Cost of Funds (%) | 2.74% | 2.68% | 2.61% | 2.42% | 2.42% | 2.40% | 2.27% | 2.00% |
| █▇▁▄▁▁▁▁ | NPA / Assets (%) | 1.22% | 1.14% | 0.87% | 0.98% | 0.86% | 0.83% | 0.88% | 0.87% |
| █▇▂▃▁▁▁▁ | Net Charge-Off Ratio (%) | 2.05% | 1.86% | 1.39% | 1.56% | 1.32% | 1.27% | 1.31% | 1.28% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $18 | $20 | $19 | $20 | $21 | $22 | $23 | $23 |
| ▁▂▃▄▇▇▇█ | Gross Loans ($M) | $146 | $152 | $154 | $157 | $165 | $166 | $167 | $170 |
| ▃█▂▃▂▅▃▁ | Total Deposits ($M) | $204 | $209 | $202 | $203 | $202 | $205 | $203 | $201 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 18% |
| Agricultural | 16% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 9% |