Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.19% | +0.53 | 1.66% |
| Return on Equity (%) | ▲ | 13.70% | +3.33 | 10.37% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.48 | 3.42% |
| Efficiency Ratio (%) | ▲ | 36.29% | -7.25 | 43.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.44 | $1 |
| Cost of Funds (%) | ▲ | 1.78% | -0.19 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $236 | +24.38 | $211 |
| Gross Loans ($M) | ▲ | $174 | +21.04 | $153 |
| Loan Growth YoY (%) | ▲ | 87.89% | +1.77 | 86.12% |
| Total Deposits ($M) | ▲ | $196 | +20.35 | $176 |
| Shareholders Equity ($M) | ▲ | $37 | +3.55 | $34 |
| Tang. Book Value ($M) | ▲ | $37 | +3.55 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $39 | +3.52 | $35 |
| Loan / Deposit Ratio (%) | ▲ | 87.89% | +1.77 | 86.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.79% | -0.08 | 0.88% |
| Allowance / Loans (%) | — | 0.86% | -0.09% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 1.08% | -0.14 | 1.21% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▆█ | Net Interest Margin (%) | 3.28% | 3.29% | 3.32% | 3.42% | 3.48% | 3.55% | 3.72% | 3.90% |
| ▁▁▁▂▃▃▃█ | Return on Assets (%) | 1.54% | 1.61% | 1.54% | 1.66% | 1.73% | 1.77% | 1.72% | 2.19% |
| █▇█▇▆▆█▁ | Efficiency Ratio (%) | 44.7% | 43.3% | 44.8% | 43.5% | 42.5% | 42.6% | 44.2% | 36.3% |
| ▃▆▇▇█▇▅▁ | Cost of Funds (%) | 1.85% | 1.93% | 1.96% | 1.97% | 2.00% | 1.97% | 1.90% | 1.78% |
| █▅▄▂▁▂▁▁ | NPA / Assets (%) | 1.24% | 1.06% | 0.97% | 0.88% | 0.84% | 0.89% | 0.84% | 0.79% |
| █▅▄▂▂▂▁▁ | Net Charge-Off Ratio (%) | 1.65% | 1.38% | 1.32% | 1.21% | 1.16% | 1.19% | 1.09% | 1.08% |
| ▁▃▂▃▄▇▇█ | Tang. Book Value ($M) | $32 | $33 | $33 | $34 | $34 | $36 | $36 | $37 |
| ▁▂▂▃▄▆██ | Gross Loans ($M) | $141 | $146 | $149 | $153 | $155 | $162 | $172 | $174 |
| ▁▁▂▄▄▄▆█ | Total Deposits ($M) | $161 | $162 | $169 | $176 | $176 | $178 | $184 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 3% |
| Agricultural | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 14% |