Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.52% | -0.01 | 1.54% |
| Return on Equity (%) | ▼ | 17.34% | -0.04 | 17.38% |
| Net Interest Margin (%) | ▼ | 4.92% | -0.11 | 5.03% |
| Efficiency Ratio (%) | ▼ | 58.09% | +1.13 | 56.96% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.14 | $2 |
| Cost of Funds (%) | ▲ | 2.36% | -0.27 | 2.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $331 | +44.04 | $287 |
| Gross Loans ($M) | ▲ | $255 | +27.70 | $227 |
| Loan Growth YoY (%) | ▼ | 83.36% | -5.94 | 89.30% |
| Total Deposits ($M) | ▲ | $300 | +49.95 | $250 |
| Shareholders Equity ($M) | ▲ | $29 | +3.47 | $25 |
| Tang. Book Value ($M) | ▲ | $29 | +3.47 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +3.98 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 83.36% | -5.94 | 89.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.90% | +0.51 | 0.39% |
| Allowance / Loans (%) | — | 1.86% | 0.16% | 1.70% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.71 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.24% | -0.41 | 11.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▅█▆█▁ | Net Interest Margin (%) | 4.95% | 4.98% | 4.98% | 5.03% | 5.12% | 5.07% | 5.13% | 4.92% |
| █▇▄▇█▄▁▇ | Return on Assets (%) | 1.61% | 1.53% | 1.39% | 1.54% | 1.60% | 1.43% | 1.25% | 1.52% |
| ▁▂▇▅▅▇█▆ | Efficiency Ratio (%) | 51.5% | 53.7% | 58.3% | 57.0% | 56.0% | 58.9% | 60.4% | 58.1% |
| ▄█▆▅▄▆▃▁ | Cost of Funds (%) | 2.58% | 2.85% | 2.67% | 2.63% | 2.56% | 2.68% | 2.50% | 2.36% |
| ▁▁█▂▄█▄█ | NPA / Assets (%) | 0.21% | 0.30% | 1.00% | 0.39% | 0.60% | 0.91% | 0.53% | 0.90% |
| ▁▁█▂▅█▄█ | Net Charge-Off Ratio (%) | 0.00% | 0.12% | 0.99% | 0.24% | 0.51% | 0.93% | 0.43% | 0.95% |
| ▁▂▃▃▅▇██ | Tang. Book Value ($M) | $23 | $24 | $25 | $25 | $26 | $27 | $28 | $29 |
| ▁▁▂▄▆▆▇█ | Gross Loans ($M) | $209 | $210 | $219 | $227 | $240 | $240 | $249 | $255 |
| ▃▁▁▂▄▄▆█ | Total Deposits ($M) | $254 | $243 | $238 | $250 | $262 | $269 | $283 | $300 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 27% |