Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.17 | 1.04% |
| Return on Equity (%) | ▼ | 15.32% | -0.72 | 16.04% |
| Net Interest Margin (%) | ▼ | 3.65% | -0.03 | 3.68% |
| Efficiency Ratio (%) | ▼ | 67.80% | +1.16 | 66.64% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.00 | $0 |
| Cost of Funds (%) | ▼ | 0.92% | +0.04 | 0.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $119 | +3.54 | $115 |
| Gross Loans ($M) | ▲ | $59 | +4.43 | $54 |
| Loan Growth YoY (%) | ▲ | 52.79% | +3.26 | 49.54% |
| Total Deposits ($M) | ▲ | $110 | +1.76 | $108 |
| Shareholders Equity ($M) | ▲ | $9 | +1.78 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.78 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.79 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 52.79% | +3.26 | 49.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.20% | +0.75 | 0.45% |
| Allowance / Loans (%) | — | 1.68% | -0.15% | 1.82% |
| Net Charge-Off Ratio (%) | ▼ | 2.43% | +1.47 | 0.97% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.04% | +16.04 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▃▅█▇▁ | Net Interest Margin (%) | 3.64% | 3.68% | 3.68% | 3.68% | 3.72% | 3.77% | 3.75% | 3.65% |
| ▁▂▁▂█▇▆▇ | Return on Assets (%) | 1.00% | 1.03% | 0.97% | 1.04% | 1.29% | 1.23% | 1.20% | 1.21% |
| ▇▆█▁▁▃▃▃ | Efficiency Ratio (%) | 71.3% | 70.8% | 73.0% | 66.6% | 66.0% | 67.8% | 68.5% | 67.8% |
| ▆█▆▁▂▃▁▃ | Cost of Funds (%) | 0.99% | 1.06% | 1.00% | 0.88% | 0.90% | 0.93% | 0.87% | 0.92% |
| ▁▁▃▄▃▃▃█ | NPA / Assets (%) | 0.00% | 0.00% | 0.40% | 0.45% | 0.35% | 0.35% | 0.42% | 1.20% |
| ▁▁▃▄▃▃▃█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.87% | 0.97% | 0.72% | 0.69% | 0.89% | 2.43% |
| ▁▅▂▂▃▆██ | Tang. Book Value ($M) | $7 | $8 | $7 | $8 | $8 | $9 | $10 | $9 |
| ▃▅▁▂▃▅▃█ | Gross Loans ($M) | $55 | $57 | $54 | $54 | $55 | $57 | $56 | $59 |
| ▁▁▇▇▄▁██ | Total Deposits ($M) | $103 | $102 | $108 | $108 | $105 | $103 | $109 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 14% |
| Agricultural | 14% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 1% |