Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.03% | +0.18 | 1.85% |
| Return on Equity (%) | ▲ | 16.80% | +0.72 | 16.08% |
| Net Interest Margin (%) | ▲ | 5.17% | +0.35 | 4.83% |
| Efficiency Ratio (%) | ▲ | 59.55% | -1.70 | 61.25% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.16 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $128 | +8.49 | $120 |
| Gross Loans ($M) | ▲ | $79 | +2.96 | $76 |
| Loan Growth YoY (%) | ▼ | 69.05% | -1.92 | 70.98% |
| Total Deposits ($M) | ▲ | $112 | +7.16 | $105 |
| Shareholders Equity ($M) | ▲ | $16 | +1.36 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.36 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.43 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 69.05% | -1.92 | 70.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.05 | 0.08% |
| Allowance / Loans (%) | — | 2.34% | -0.06% | 2.40% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.08 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▃▄▆▇█ | Net Interest Margin (%) | 4.70% | 4.82% | 4.89% | 4.83% | 4.92% | 5.04% | 5.11% | 5.17% |
| ▇▇█▁▃▅▇▅ | Return on Assets (%) | 2.12% | 2.11% | 2.17% | 1.85% | 1.94% | 2.03% | 2.09% | 2.03% |
| ▁▃▂█▅▃▁▃ | Efficiency Ratio (%) | 58.8% | 59.6% | 59.4% | 61.3% | 60.2% | 59.5% | 59.0% | 59.5% |
| ▁▅█▆▄▃▃▂ | Cost of Funds (%) | 1.34% | 1.52% | 1.64% | 1.56% | 1.47% | 1.45% | 1.45% | 1.40% |
| █▆█▄▁█▁▁ | NPA / Assets (%) | 0.15% | 0.11% | 0.14% | 0.08% | 0.04% | 0.15% | 0.02% | 0.03% |
| █▆█▄▁█▁▁ | Net Charge-Off Ratio (%) | 0.23% | 0.18% | 0.22% | 0.13% | 0.06% | 0.24% | 0.03% | 0.05% |
| ▂▆▁▃▅█▆▇ | Tang. Book Value ($M) | $14 | $15 | $13 | $14 | $15 | $16 | $15 | $16 |
| ▁▂▁▃▇▅█▇ | Gross Loans ($M) | $75 | $76 | $75 | $76 | $79 | $78 | $80 | $79 |
| ▁▁▁▂▄▃▅█ | Total Deposits ($M) | $104 | $104 | $104 | $105 | $108 | $106 | $108 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 16% |
| Agricultural | 8% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 9% |