Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.21 | 1.35% |
| Return on Equity (%) | ▲ | 17.25% | +0.86 | 16.39% |
| Net Interest Margin (%) | ▲ | 2.97% | +0.26 | 2.71% |
| Efficiency Ratio (%) | ▲ | 15.85% | -33.53 | 49.38% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.52 | $1 |
| Cost of Funds (%) | ▲ | 2.39% | -0.11 | 2.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $172 | +11.80 | $161 |
| Gross Loans ($M) | ▲ | $124 | +15.65 | $108 |
| Loan Growth YoY (%) | ▲ | 83.35% | +5.51 | 77.84% |
| Total Deposits ($M) | ▲ | $147 | +9.09 | $138 |
| Shareholders Equity ($M) | ▲ | $16 | +2.43 | $13 |
| Tang. Book Value ($M) | ▲ | $16 | +2.45 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.42 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 83.35% | +5.51 | 77.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.24% | -0.81 | 1.04% |
| Allowance / Loans (%) | — | 1.17% | 0.26% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -1.22 | 1.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▆▆▇█ | Net Interest Margin (%) | 2.17% | 2.20% | 2.26% | 2.71% | 2.73% | 2.74% | 2.77% | 2.97% |
| ▁▁▁▆▇▇▄█ | Return on Assets (%) | 0.78% | 0.81% | 0.86% | 1.35% | 1.44% | 1.38% | 1.13% | 1.56% |
| ███▇▇▆▆▁ | Efficiency Ratio (%) | 55.7% | 55.1% | 55.7% | 49.4% | 46.3% | 44.6% | 41.2% | 15.8% |
| ██▆▃▄▄▁▁ | Cost of Funds (%) | 2.75% | 2.73% | 2.62% | 2.50% | 2.54% | 2.52% | 2.37% | 2.39% |
| ▃▃██▁▆▄▁ | NPA / Assets (%) | 0.46% | 0.44% | 0.99% | 1.04% | 0.21% | 0.81% | 0.57% | 0.24% |
| ▃▃██▁▆▄▁ | Net Charge-Off Ratio (%) | 0.70% | 0.66% | 1.46% | 1.54% | 0.32% | 1.21% | 0.84% | 0.33% |
| ▁▅▁▂▅███ | Tang. Book Value ($M) | $12 | $14 | $13 | $13 | $14 | $15 | $15 | $16 |
| ▁▁▃▄▄▅▆█ | Gross Loans ($M) | $98 | $101 | $105 | $108 | $108 | $111 | $117 | $124 |
| ▁▁▄▅▅▆▆█ | Total Deposits ($M) | $123 | $125 | $133 | $138 | $137 | $139 | $139 | $147 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 12% |
| Agricultural | 22% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 14% |