Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.17 | 1.34% |
| Return on Equity (%) | ▼ | 16.84% | -0.58 | 17.42% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.25 | 3.50% |
| Efficiency Ratio (%) | ▲ | 44.24% | -4.65 | 48.88% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.18% | -0.08 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $168 | +13.36 | $154 |
| Gross Loans ($M) | ▲ | $84 | +8.92 | $75 |
| Loan Growth YoY (%) | ▲ | 56.24% | +2.03 | 54.21% |
| Total Deposits ($M) | ▲ | $146 | +10.60 | $135 |
| Shareholders Equity ($M) | ▲ | $15 | +2.32 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +2.32 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.52 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 56.24% | +2.03 | 54.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.57% | +0.61 | 0.96% |
| Allowance / Loans (%) | — | 2.29% | 0.01% | 2.29% |
| Net Charge-Off Ratio (%) | ▼ | 2.95% | +1.08 | 1.86% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 3.18% | 3.24% | 3.27% | 3.50% | 3.57% | 3.60% | 3.63% | 3.74% |
| ▁▂▃▅▇▆▇█ | Return on Assets (%) | 1.12% | 1.17% | 1.22% | 1.34% | 1.45% | 1.40% | 1.45% | 1.51% |
| █▇▆▆▅▆▅▁ | Efficiency Ratio (%) | 51.4% | 50.3% | 48.8% | 48.9% | 48.1% | 49.5% | 48.1% | 44.2% |
| █▇▄▂▃▂▁▁ | Cost of Funds (%) | 1.59% | 1.51% | 1.35% | 1.26% | 1.30% | 1.24% | 1.21% | 1.18% |
| ▆▇▄▁▁▁▁█ | NPA / Assets (%) | 1.36% | 1.43% | 1.19% | 0.96% | 0.98% | 0.90% | 0.96% | 1.57% |
| ▇▇▆▂▁▁▂█ | Net Charge-Off Ratio (%) | 2.67% | 2.79% | 2.56% | 1.86% | 1.79% | 1.66% | 1.84% | 2.95% |
| ▁▄▂▄▅▅██ | Tang. Book Value ($M) | $11 | $13 | $12 | $13 | $13 | $13 | $15 | $15 |
| ▄▅▁▂▄█▆█ | Gross Loans ($M) | $78 | $80 | $73 | $75 | $78 | $84 | $80 | $84 |
| ▁▃█▄▃▅██ | Total Deposits ($M) | $125 | $134 | $147 | $135 | $132 | $139 | $149 | $146 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 13% |
| Agricultural | 20% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 7% |