Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.34 | 0.77% |
| Return on Equity (%) | ▲ | 9.68% | +1.49 | 8.19% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.52 | 3.23% |
| Efficiency Ratio (%) | ▲ | 72.21% | -0.42 | 72.63% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 0.90% | -0.22 | 1.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $207 | -4.90 | $212 |
| Gross Loans ($M) | ▼ | $116 | -2.42 | $119 |
| Loan Growth YoY (%) | ▼ | 63.23% | -2.26 | 65.49% |
| Total Deposits ($M) | ▲ | $182 | +2.52 | $180 |
| Shareholders Equity ($M) | ▲ | $24 | +2.78 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +2.79 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.39 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 63.23% | -2.26 | 65.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.17 | 0.11% |
| Allowance / Loans (%) | — | 1.03% | 0.07% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 0.50% | +0.30 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 2.88% | 2.95% | 3.03% | 3.23% | 3.33% | 3.41% | 3.48% | 3.75% |
| ▁▂▂▂▄▅▅█ | Return on Assets (%) | 0.67% | 0.77% | 0.77% | 0.77% | 0.86% | 0.93% | 0.91% | 1.11% |
| █▅▅▃▄▁▂▂ | Efficiency Ratio (%) | 75.9% | 74.0% | 73.8% | 72.6% | 73.5% | 71.1% | 72.1% | 72.2% |
| ▆▆█▇▇█▄▁ | Cost of Funds (%) | 1.09% | 1.08% | 1.16% | 1.12% | 1.12% | 1.16% | 1.02% | 0.90% |
| ▂▂▂▁▁▂█▂ | NPA / Assets (%) | 0.30% | 0.29% | 0.24% | 0.11% | 0.17% | 0.25% | 0.89% | 0.28% |
| ▃▃▂▁▁▂█▂ | Net Charge-Off Ratio (%) | 0.56% | 0.55% | 0.42% | 0.20% | 0.30% | 0.43% | 1.49% | 0.50% |
| ▁▄▂▄▆▇██ | Tang. Book Value ($M) | $18 | $21 | $19 | $21 | $22 | $23 | $23 | $23 |
| ▁▃█▇▇▆█▅ | Gross Loans ($M) | $107 | $112 | $122 | $119 | $120 | $118 | $121 | $116 |
| ▃▇▁▅▁▆▂█ | Total Deposits ($M) | $178 | $181 | $176 | $180 | $176 | $181 | $178 | $182 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 23% |
| Agricultural | 4% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 6% |