Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.01 | 1.06% |
| Return on Equity (%) | ▼ | 19.42% | -2.06 | 21.48% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.24 | 3.41% |
| Efficiency Ratio (%) | ▲ | 65.39% | -0.87 | 66.26% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.89% | -0.06 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $344 | +23.06 | $321 |
| Gross Loans ($M) | ▲ | $200 | +21.60 | $179 |
| Loan Growth YoY (%) | ▲ | 62.62% | +4.56 | 58.06% |
| Total Deposits ($M) | ▲ | $315 | +12.27 | $303 |
| Shareholders Equity ($M) | ▲ | $19 | +2.81 | $16 |
| Tang. Book Value ($M) | ▲ | $19 | +2.81 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.46 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 62.62% | +4.56 | 58.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.60% | -0.18 | 0.78% |
| Allowance / Loans (%) | — | 1.48% | -0.13% | 1.61% |
| Net Charge-Off Ratio (%) | ▲ | 1.03% | -0.38 | 1.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇███ | Net Interest Margin (%) | 3.10% | 3.10% | 3.17% | 3.41% | 3.57% | 3.60% | 3.63% | 3.65% |
| ▁▂▁▆██▆▇ | Return on Assets (%) | 0.82% | 0.90% | 0.82% | 1.06% | 1.14% | 1.13% | 1.04% | 1.07% |
| ▇▆█▃▁▁▃▂ | Efficiency Ratio (%) | 69.9% | 68.8% | 71.2% | 66.3% | 64.5% | 64.7% | 67.0% | 65.4% |
| ███▂▅▆▅▁ | Cost of Funds (%) | 2.21% | 2.21% | 2.20% | 1.94% | 2.06% | 2.11% | 2.07% | 1.89% |
| ██▅▅▃▂▂▁ | NPA / Assets (%) | 0.94% | 0.96% | 0.80% | 0.78% | 0.70% | 0.66% | 0.66% | 0.60% |
| ██▄▄▂▁▁▁ | Net Charge-Off Ratio (%) | 1.92% | 1.87% | 1.43% | 1.41% | 1.17% | 1.11% | 1.11% | 1.03% |
| ▁▄▂▄▃▇██ | Tang. Book Value ($M) | $14 | $16 | $15 | $16 | $16 | $18 | $18 | $19 |
| ▁▁▃▅▇▇██ | Gross Loans ($M) | $153 | $159 | $169 | $179 | $191 | $194 | $196 | $200 |
| ▄▂▁▅▃▃▄█ | Total Deposits ($M) | $297 | $292 | $286 | $303 | $294 | $297 | $300 | $315 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 12% |
| Agricultural | 4% |
| Consumer | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 8% |