Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.22 | 1.56% |
| Return on Equity (%) | ▲ | 18.44% | +1.09 | 17.35% |
| Net Interest Margin (%) | ▲ | 5.43% | +0.03 | 5.40% |
| Efficiency Ratio (%) | ▲ | 59.37% | -2.69 | 62.06% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.38 | $1 |
| Cost of Funds (%) | ▼ | 2.06% | +0.11 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $296 | +41.25 | $254 |
| Gross Loans ($M) | ▲ | $232 | +52.21 | $180 |
| Loan Growth YoY (%) | ▲ | 85.94% | +9.07 | 76.88% |
| Total Deposits ($M) | ▲ | $266 | +35.56 | $230 |
| Shareholders Equity ($M) | ▲ | $29 | +5.77 | $23 |
| Tang. Book Value ($M) | ▲ | $29 | +5.77 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 85.94% | +9.07 | 76.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.57 | 0.63% |
| Allowance / Loans (%) | — | 1.68% | -0.06% | 1.74% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.82 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.49% | +0.28 | 13.21% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▂▇█▇▃ | Net Interest Margin (%) | 5.31% | 5.34% | 5.44% | 5.40% | 5.64% | 5.74% | 5.67% | 5.43% |
| ▆▆▅▁▇██▅ | Return on Assets (%) | 1.85% | 1.84% | 1.78% | 1.56% | 1.93% | 1.99% | 1.95% | 1.78% |
| ▄▄▄█▂▁▁▄ | Efficiency Ratio (%) | 59.4% | 59.0% | 59.5% | 62.1% | 57.7% | 57.0% | 57.2% | 59.4% |
| ██▆▁▂▁▂▃ | Cost of Funds (%) | 2.34% | 2.37% | 2.26% | 1.95% | 2.02% | 1.95% | 2.01% | 2.06% |
| ▃████▆▆▁ | NPA / Assets (%) | 0.29% | 0.71% | 0.69% | 0.63% | 0.66% | 0.54% | 0.51% | 0.06% |
| ▃████▆▆▁ | Net Charge-Off Ratio (%) | 0.34% | 0.87% | 0.90% | 0.89% | 0.82% | 0.64% | 0.63% | 0.07% |
| ▁▁▂▄▅▆▇█ | Tang. Book Value ($M) | $19 | $20 | $21 | $23 | $24 | $25 | $26 | $29 |
| ▁▁▁▂▅▇▇█ | Gross Loans ($M) | $170 | $174 | $175 | $180 | $203 | $219 | $223 | $232 |
| ▁▁▃▅▅▅▇█ | Total Deposits ($M) | $184 | $188 | $206 | $230 | $229 | $231 | $247 | $266 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 13% |
| Agricultural | 1% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 21% |