Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.24 | 0.74% |
| Return on Equity (%) | ▲ | 18.46% | +1.15 | 17.31% |
| Net Interest Margin (%) | ▲ | 3.15% | +0.39 | 2.75% |
| Efficiency Ratio (%) | ▲ | 71.05% | -3.72 | 74.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 2.33% | -0.20 | 2.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $333 | +9.64 | $323 |
| Gross Loans ($M) | ▲ | $253 | +12.64 | $240 |
| Loan Growth YoY (%) | ▲ | 88.74% | +2.88 | 85.86% |
| Total Deposits ($M) | ▲ | $282 | +5.29 | $277 |
| Shareholders Equity ($M) | ▲ | $18 | +3.35 | $14 |
| Tang. Book Value ($M) | ▲ | $17 | +3.38 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +3.27 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 88.74% | +2.88 | 85.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.35 | 0.06% |
| Allowance / Loans (%) | — | 0.96% | -0.06% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.54% | +0.46 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.39% | +0.31 | 11.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 2.19% | 2.26% | 2.35% | 2.75% | 2.83% | 2.92% | 2.96% | 3.15% |
| ▁▁▃▅▇▆██ | Return on Assets (%) | 0.48% | 0.53% | 0.65% | 0.74% | 0.90% | 0.84% | 0.93% | 0.98% |
| █▇▄▄▁▃▁▁ | Efficiency Ratio (%) | 80.5% | 79.0% | 75.2% | 74.8% | 70.5% | 73.1% | 70.7% | 71.0% |
| █▇▅▃▂▂▁▁ | Cost of Funds (%) | 2.99% | 2.87% | 2.71% | 2.53% | 2.43% | 2.46% | 2.41% | 2.33% |
| ▁▁▁▁█▇▆▆ | NPA / Assets (%) | 0.10% | 0.08% | 0.07% | 0.06% | 0.58% | 0.47% | 0.41% | 0.41% |
| ▁▁▁▁█▇▆▆ | Net Charge-Off Ratio (%) | 0.14% | 0.10% | 0.09% | 0.08% | 0.76% | 0.61% | 0.53% | 0.54% |
| ▁▅▂▃▄▇██ | Tang. Book Value ($M) | $11 | $15 | $12 | $13 | $14 | $16 | $17 | $17 |
| ▁▂▃▃▄▆█▆ | Gross Loans ($M) | $233 | $239 | $242 | $240 | $244 | $253 | $262 | $253 |
| █▄▃▂▁▂▁▅ | Total Deposits ($M) | $287 | $280 | $278 | $277 | $275 | $277 | $275 | $282 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 2% |
| Agricultural | 24% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 17% |