Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.11 | 0.81% |
| Return on Equity (%) | ▲ | 8.03% | +0.40 | 7.63% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.25 | 3.84% |
| Efficiency Ratio (%) | ▲ | 74.33% | -0.52 | 74.86% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▼ | 1.36% | +0.01 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $332 | -0.56 | $332 |
| Gross Loans ($M) | ▲ | $182 | +12.95 | $169 |
| Loan Growth YoY (%) | ▲ | 61.68% | +5.22 | 56.46% |
| Total Deposits ($M) | ▼ | $291 | -3.79 | $295 |
| Shareholders Equity ($M) | ▲ | $38 | +2.80 | $35 |
| Tang. Book Value ($M) | ▲ | $38 | +2.80 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +3.01 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 61.68% | +5.22 | 56.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.67 | 0.72% |
| Allowance / Loans (%) | — | 1.46% | -0.18% | 1.64% |
| Net Charge-Off Ratio (%) | ▲ | 0.08% | -1.33 | 1.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▄▃▁▃▅▅█ | Net Interest Margin (%) | 4.04% | 3.96% | 3.93% | 3.84% | 3.92% | 3.98% | 3.97% | 4.09% |
| ▇▅█▁▂▅▄▄ | Return on Assets (%) | 1.03% | 0.95% | 1.09% | 0.81% | 0.86% | 0.96% | 0.93% | 0.92% |
| ▂▄▁█▇▆▇█ | Efficiency Ratio (%) | 69.0% | 70.5% | 67.5% | 74.9% | 73.8% | 73.0% | 73.2% | 74.3% |
| ▁▇█▅█▆▇▅ | Cost of Funds (%) | 1.21% | 1.42% | 1.46% | 1.35% | 1.43% | 1.39% | 1.41% | 1.36% |
| ▁▁▁█▁▁▁▁ | NPA / Assets (%) | 0.11% | 0.12% | 0.11% | 0.72% | 0.12% | 0.06% | 0.04% | 0.04% |
| ▁▁▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.19% | 0.22% | 0.21% | 1.41% | 0.23% | 0.11% | 0.08% | 0.08% |
| ▁▂▂▄▄▇██ | Tang. Book Value ($M) | $33 | $34 | $34 | $35 | $36 | $37 | $38 | $38 |
| ▄▄▂▂▁▅▆█ | Gross Loans ($M) | $173 | $172 | $168 | $169 | $166 | $176 | $178 | $182 |
| ▁▁▄█▃▃▄▇ | Total Deposits ($M) | $272 | $275 | $282 | $295 | $279 | $280 | $281 | $291 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 10% |