Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.40 | 1.41% |
| Return on Equity (%) | ▲ | 17.29% | +3.48 | 13.81% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.35 | 4.24% |
| Efficiency Ratio (%) | ▲ | 56.34% | -6.15 | 62.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $0 |
| Cost of Funds (%) | ▼ | 1.09% | +0.07 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $111 | +1.94 | $109 |
| Gross Loans ($M) | ▲ | $76 | +7.57 | $69 |
| Loan Growth YoY (%) | ▲ | 80.97% | +7.52 | 73.45% |
| Total Deposits ($M) | ▲ | $93 | +0.71 | $92 |
| Shareholders Equity ($M) | ▲ | $12 | +0.77 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +0.77 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +0.86 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 80.97% | +7.52 | 73.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.61% | +0.05 | 0.57% |
| Allowance / Loans (%) | — | 1.24% | -0.03% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 0.89% | -0.01 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.93% | -0.23 | 13.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▃▄▅▆█ | Net Interest Margin (%) | 4.11% | 4.17% | 4.17% | 4.24% | 4.30% | 4.41% | 4.44% | 4.59% |
| ▅▅▃▄▁▃▂█ | Return on Assets (%) | 1.52% | 1.49% | 1.35% | 1.41% | 1.10% | 1.35% | 1.25% | 1.81% |
| ▅▆██▇▃█▁ | Efficiency Ratio (%) | 59.7% | 60.4% | 62.3% | 62.5% | 61.1% | 58.6% | 62.1% | 56.3% |
| ▁▂▂▃▇█▇▆ | Cost of Funds (%) | 0.96% | 1.00% | 1.00% | 1.02% | 1.11% | 1.14% | 1.10% | 1.09% |
| ▂▁▃▆▁█▇▇ | NPA / Assets (%) | 0.14% | 0.04% | 0.32% | 0.57% | 0.06% | 0.78% | 0.60% | 0.61% |
| ▂▁▄▆▁█▇▆ | Net Charge-Off Ratio (%) | 0.22% | 0.06% | 0.49% | 0.90% | 0.09% | 1.18% | 0.90% | 0.89% |
| ▁▄▄▃▅▇█▇ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $11 | $12 | $12 | $12 |
| ▁▁▂▃▅▇██ | Gross Loans ($M) | $66 | $67 | $68 | $69 | $71 | $74 | $76 | $76 |
| ▃▁▂▅▆▆█▆ | Total Deposits ($M) | $90 | $87 | $89 | $92 | $93 | $93 | $96 | $93 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 13% |
| Agricultural | 25% |
| Consumer | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |