Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.12% | +0.48 | 1.65% |
| Return on Equity (%) | ▲ | 23.02% | +4.20 | 18.82% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.40 | 3.16% |
| Efficiency Ratio (%) | ▲ | 39.01% | -9.71 | 48.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 2.48% | -0.35 | 2.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $125 | +1.44 | $124 |
| Gross Loans ($M) | ▲ | $113 | +2.16 | $111 |
| Loan Growth YoY (%) | ▲ | 143.16% | +12.15 | 131.01% |
| Total Deposits ($M) | ▼ | $78 | -5.60 | $84 |
| Shareholders Equity ($M) | ▲ | $12 | +0.69 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +0.69 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 143.16% | +12.15 | 131.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.03 | 0.18% |
| Allowance / Loans (%) | — | 0.87% | -0.01% | 0.88% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.04 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.52% | +0.26 | 11.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▂▄▄▅█ | Net Interest Margin (%) | 3.19% | 3.11% | 3.09% | 3.16% | 3.28% | 3.31% | 3.34% | 3.56% |
| ▃▂▁▄▃▃▃█ | Return on Assets (%) | 1.50% | 1.41% | 1.28% | 1.65% | 1.55% | 1.60% | 1.55% | 2.12% |
| ▇▇█▆▆▆▆▁ | Efficiency Ratio (%) | 50.7% | 51.9% | 54.4% | 48.7% | 50.5% | 49.2% | 50.1% | 39.0% |
| ▃█▆▅▅▃▁▁ | Cost of Funds (%) | 2.66% | 3.06% | 2.86% | 2.83% | 2.81% | 2.68% | 2.53% | 2.48% |
| ██▄▁▅▁▁▁ | NPA / Assets (%) | 0.63% | 0.66% | 0.39% | 0.18% | 0.43% | 0.15% | 0.16% | 0.15% |
| ██▄▁▅▁▁▁ | Net Charge-Off Ratio (%) | 0.71% | 0.74% | 0.45% | 0.20% | 0.48% | 0.17% | 0.18% | 0.16% |
| ▃▆▁▃▄█▃█ | Tang. Book Value ($M) | $11 | $12 | $11 | $11 | $11 | $12 | $11 | $12 |
| ▁▂█▅▆▄▇█ | Gross Loans ($M) | $108 | $109 | $113 | $111 | $111 | $110 | $112 | $113 |
| ▁▂▃█▁▇█▃ | Total Deposits ($M) | $75 | $76 | $77 | $84 | $76 | $83 | $85 | $78 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 3% |
| Agricultural | 24% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 14% |