Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.09 | 1.04% |
| Return on Equity (%) | ▲ | 8.21% | +0.38 | 7.83% |
| Net Interest Margin (%) | ▼ | 3.78% | -0.25 | 4.03% |
| Efficiency Ratio (%) | ▲ | 58.87% | -4.64 | 63.51% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.59% | -0.11 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $169 | +7.63 | $161 |
| Gross Loans ($M) | ▲ | $102 | +8.48 | $93 |
| Loan Growth YoY (%) | ▲ | 70.66% | +3.30 | 67.36% |
| Total Deposits ($M) | ▲ | $143 | +5.54 | $137 |
| Shareholders Equity ($M) | ▲ | $23 | +1.53 | $22 |
| Tang. Book Value ($M) | ▲ | $14 | +1.70 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.67 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 70.66% | +3.30 | 67.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.05 | 0.15% |
| Allowance / Loans (%) | — | 0.76% | -0.02% | 0.78% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.09 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.86 | 13.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂██▇▆▆▄ | Net Interest Margin (%) | 3.56% | 3.67% | 4.09% | 4.03% | 3.96% | 3.92% | 3.95% | 3.78% |
| ▁▂▇▆▅▇██ | Return on Assets (%) | 0.78% | 0.85% | 1.08% | 1.04% | 1.01% | 1.06% | 1.15% | 1.13% |
| █▇▄▄▂▁▁▁ | Efficiency Ratio (%) | 70.3% | 68.8% | 64.5% | 63.5% | 60.7% | 59.8% | 58.9% | 58.9% |
| ██▁▆▆▇█▄ | Cost of Funds (%) | 1.85% | 1.86% | 1.38% | 1.70% | 1.73% | 1.79% | 1.85% | 1.59% |
| ▁▅▂▄▃▂█▂ | NPA / Assets (%) | 0.05% | 0.19% | 0.08% | 0.15% | 0.12% | 0.09% | 0.30% | 0.10% |
| ▁▅▂▄▃▂█▂ | Net Charge-Off Ratio (%) | 0.08% | 0.33% | 0.15% | 0.26% | 0.21% | 0.15% | 0.49% | 0.17% |
| ▁▂▅▆▅▇██ | Tang. Book Value ($M) | $9 | $10 | $12 | $12 | $12 | $13 | $14 | $14 |
| ▁▁▅▆▇▇██ | Gross Loans ($M) | $73 | $75 | $90 | $93 | $95 | $98 | $100 | $102 |
| ▁▁▇▇▇▆██ | Total Deposits ($M) | $111 | $110 | $138 | $137 | $137 | $134 | $139 | $143 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 8% |
| Agricultural | 18% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 13% |