Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.28 | 0.55% |
| Return on Equity (%) | ▲ | 14.35% | +0.70 | 13.65% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.33 | 3.05% |
| Efficiency Ratio (%) | ▲ | 68.95% | -7.54 | 76.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $0 |
| Cost of Funds (%) | ▲ | 1.51% | -0.42 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $237 | -9.85 | $246 |
| Gross Loans ($M) | ▼ | $135 | -2.79 | $137 |
| Loan Growth YoY (%) | ▲ | 60.49% | +1.98 | 58.51% |
| Total Deposits ($M) | ▼ | $221 | -12.21 | $233 |
| Shareholders Equity ($M) | ▲ | $13 | +3.09 | $10 |
| Tang. Book Value ($M) | ▲ | $13 | +3.09 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.86 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 60.49% | +1.98 | 58.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.40% | +0.14 | 0.26% |
| Allowance / Loans (%) | — | 0.85% | 0.01% | 0.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.69% | +0.25 | 0.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.59% | +1.33 | 12.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▃▁▂▃▅█ | Net Interest Margin (%) | 3.13% | 3.13% | 3.14% | 3.05% | 3.11% | 3.17% | 3.26% | 3.39% |
| █▆▅▁▁▂▃▇ | Return on Assets (%) | 0.87% | 0.79% | 0.72% | 0.55% | 0.58% | 0.62% | 0.65% | 0.83% |
| ▁▂▄█▆▅▃▁ | Efficiency Ratio (%) | 69.4% | 70.4% | 71.8% | 76.5% | 74.4% | 72.8% | 71.5% | 68.9% |
| ▅▇█▇▇▆▅▁ | Cost of Funds (%) | 1.83% | 1.95% | 2.05% | 1.94% | 1.93% | 1.90% | 1.80% | 1.51% |
| █▅▄▂▁▁▁█ | NPA / Assets (%) | 0.42% | 0.34% | 0.31% | 0.26% | 0.25% | 0.24% | 0.23% | 0.40% |
| █▅▄▂▂▁▁█ | Net Charge-Off Ratio (%) | 0.71% | 0.58% | 0.52% | 0.44% | 0.44% | 0.40% | 0.38% | 0.69% |
| ▁▅▁▄▅▇██ | Tang. Book Value ($M) | $9 | $11 | $9 | $10 | $11 | $13 | $13 | $13 |
| ▁▁▄█▆▅▃▅ | Gross Loans ($M) | $131 | $130 | $133 | $137 | $135 | $135 | $133 | $135 |
| ▄▃▅██▅▁▄ | Total Deposits ($M) | $220 | $219 | $224 | $233 | $232 | $224 | $212 | $221 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 15% |
| Agricultural | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 14% |