Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.21 | 1.25% |
| Return on Equity (%) | ▲ | 13.08% | +1.36 | 11.72% |
| Net Interest Margin (%) | ▲ | 4.57% | +0.13 | 4.43% |
| Efficiency Ratio (%) | ▲ | 56.73% | -3.93 | 60.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 1.44% | -0.12 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $131 | +9.57 | $121 |
| Gross Loans ($M) | ▲ | $97 | +4.36 | $92 |
| Loan Growth YoY (%) | ▼ | 82.55% | -2.05 | 84.60% |
| Total Deposits ($M) | ▲ | $116 | +7.89 | $108 |
| Shareholders Equity ($M) | ▲ | $15 | +1.59 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.59 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 82.55% | -2.05 | 84.60% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.29% | -0.06 | 0.35% |
| Allowance / Loans (%) | — | 1.31% | -0.01% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.34% | -0.06 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▂▆▁▃▇█▇ | Net Interest Margin (%) | 4.52% | 4.46% | 4.54% | 4.43% | 4.49% | 4.57% | 4.59% | 4.57% |
| ▁▂▃▅▇███ | Return on Assets (%) | 0.95% | 1.05% | 1.11% | 1.25% | 1.36% | 1.45% | 1.42% | 1.45% |
| ██▆▅▃▂▃▁ | Efficiency Ratio (%) | 64.5% | 64.2% | 62.4% | 60.7% | 59.5% | 58.2% | 58.9% | 56.7% |
| ▁██▅▄▆▆▁ | Cost of Funds (%) | 1.42% | 1.70% | 1.69% | 1.56% | 1.53% | 1.60% | 1.60% | 1.44% |
| ▁█▁▆▅▁▁▅ | NPA / Assets (%) | 0.00% | 0.52% | 0.04% | 0.35% | 0.31% | 0.04% | 0.04% | 0.29% |
| ▁█▁▆▅▁▁▅ | Net Charge-Off Ratio (%) | 0.00% | 0.64% | 0.00% | 0.40% | 0.37% | 0.00% | 0.00% | 0.34% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $12 | $13 | $12 | $13 | $13 | $14 | $14 | $15 |
| ▁▄▃▃▁▂▄█ | Gross Loans ($M) | $90 | $93 | $92 | $92 | $90 | $91 | $93 | $97 |
| ▁▂▃▄▅▇▇█ | Total Deposits ($M) | $100 | $103 | $104 | $108 | $109 | $113 | $113 | $116 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Agricultural | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |