Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.98% | +0.37 | 1.62% |
| Return on Equity (%) | ▲ | 18.89% | +2.26 | 16.63% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.56 | 3.56% |
| Efficiency Ratio (%) | ▲ | 47.12% | -7.32 | 54.45% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.62 | $1 |
| Cost of Funds (%) | ▲ | 1.73% | -0.09 | 1.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $390 | +22.64 | $367 |
| Gross Loans ($M) | ▲ | $284 | +32.25 | $252 |
| Loan Growth YoY (%) | ▲ | 90.06% | +3.66 | 86.40% |
| Total Deposits ($M) | ▲ | $312 | +23.76 | $288 |
| Shareholders Equity ($M) | ▲ | $40 | +3.76 | $36 |
| Tang. Book Value ($M) | ▲ | $35 | +3.85 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +3.50 | $35 |
| Loan / Deposit Ratio (%) | ▲ | 90.06% | +3.66 | 86.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.05 | 0.15% |
| Allowance / Loans (%) | — | 1.05% | -0.02% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.08 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -10.93 | 10.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 3.00% | 2.95% | 3.10% | 3.56% | 3.65% | 3.72% | 3.82% | 4.12% |
| ▁▁▂▅▆▇▇█ | Return on Assets (%) | 1.19% | 1.11% | 1.31% | 1.62% | 1.72% | 1.79% | 1.79% | 1.98% |
| ▇█▇▅▃▂▂▁ | Efficiency Ratio (%) | 59.2% | 61.2% | 59.1% | 54.4% | 52.0% | 50.6% | 50.0% | 47.1% |
| ███▂▃▃▂▁ | Cost of Funds (%) | 2.11% | 2.13% | 2.11% | 1.82% | 1.88% | 1.88% | 1.78% | 1.73% |
| ▁█▁▂▂▂▁▁ | NPA / Assets (%) | 0.10% | 0.62% | 0.08% | 0.15% | 0.19% | 0.18% | 0.11% | 0.11% |
| ▁█▁▂▂▂▁▁ | Net Charge-Off Ratio (%) | 0.15% | 0.88% | 0.12% | 0.22% | 0.28% | 0.26% | 0.15% | 0.15% |
| ▄▁▁▂▄▇█▇ | Tang. Book Value ($M) | $32 | $30 | $29 | $31 | $33 | $35 | $36 | $35 |
| ▁▃▃▃▄▅██ | Gross Loans ($M) | $235 | $253 | $252 | $252 | $257 | $265 | $282 | $284 |
| ▁▅▄▅▅▄▆█ | Total Deposits ($M) | $258 | $287 | $285 | $288 | $292 | $283 | $295 | $312 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 8% |
| Agricultural | 16% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 7% |