Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.39% | -0.01 | 1.41% |
| Return on Equity (%) | ▼ | 12.94% | -1.46 | 14.40% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.37 | 4.02% |
| Efficiency Ratio (%) | ▼ | 63.64% | +2.94 | 60.70% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.49% | -0.35 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +6.28 | $297 |
| Gross Loans ($M) | ▲ | $225 | +1.13 | $224 |
| Loan Growth YoY (%) | ▼ | 82.99% | -0.33 | 83.32% |
| Total Deposits ($M) | ▲ | $268 | +3.40 | $265 |
| Shareholders Equity ($M) | ▲ | $33 | +3.03 | $30 |
| Tang. Book Value ($M) | ▲ | $33 | +3.03 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.33 | $32 |
| Loan / Deposit Ratio (%) | ▼ | 82.99% | -0.33 | 83.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.27% | -0.90 | 2.17% |
| Allowance / Loans (%) | — | 1.02% | -0.37% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 1.51% | -1.32 | 2.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.15% | +0.83 | 14.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▇▇█ | Net Interest Margin (%) | 3.91% | 3.92% | 3.95% | 4.02% | 4.10% | 4.27% | 4.29% | 4.38% |
| ▁▂▃▅▅█▇▅ | Return on Assets (%) | 1.18% | 1.26% | 1.32% | 1.41% | 1.39% | 1.59% | 1.53% | 1.39% |
| █▆▅▁▄▂▄▃ | Efficiency Ratio (%) | 68.7% | 65.8% | 65.0% | 60.7% | 64.2% | 61.9% | 63.9% | 63.6% |
| ▆█▇▅▄▄▃▁ | Cost of Funds (%) | 1.89% | 2.10% | 1.97% | 1.84% | 1.72% | 1.76% | 1.70% | 1.49% |
| ▁▁▂██▂▁▄ | NPA / Assets (%) | 0.79% | 0.67% | 0.98% | 2.17% | 2.32% | 0.99% | 0.62% | 1.27% |
| ▂▁▃██▃▁▄ | Net Charge-Off Ratio (%) | 1.03% | 0.90% | 1.28% | 2.83% | 3.02% | 1.25% | 0.60% | 1.51% |
| ▁▄▁▃▄▇▇█ | Tang. Book Value ($M) | $29 | $30 | $29 | $30 | $31 | $32 | $32 | $33 |
| ▆▃▅▁█▄▃▂ | Gross Loans ($M) | $229 | $225 | $228 | $224 | $231 | $227 | $226 | $225 |
| ▂▅▄▃█▃▁▆ | Total Deposits ($M) | $263 | $267 | $266 | $265 | $271 | $264 | $262 | $268 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 5% |
| Agricultural | 4% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 14% |