Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.20 | 1.00% |
| Return on Equity (%) | ▲ | 11.81% | +0.36 | 11.45% |
| Net Interest Margin (%) | ▲ | 3.40% | +0.32 | 3.07% |
| Efficiency Ratio (%) | ▲ | 63.47% | -3.47 | 66.95% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.14% | -0.09 | 1.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $167 | +3.26 | $164 |
| Gross Loans ($M) | ▲ | $98 | +6.35 | $92 |
| Loan Growth YoY (%) | ▲ | 75.13% | +12.46 | 62.67% |
| Total Deposits ($M) | ▼ | $129 | -15.48 | $144 |
| Shareholders Equity ($M) | ▲ | $17 | +2.71 | $14 |
| Tang. Book Value ($M) | ▲ | $17 | +2.71 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.63 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 75.13% | +12.46 | 62.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.43% | -0.10% | 1.52% |
| Net Charge-Off Ratio (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 2.72% | 2.73% | 2.83% | 3.07% | 3.20% | 3.24% | 3.25% | 3.40% |
| ▁▁▄▅▇███ | Return on Assets (%) | 0.80% | 0.79% | 0.98% | 1.00% | 1.14% | 1.16% | 1.20% | 1.20% |
| ██▃▅▂▂▁▂ | Efficiency Ratio (%) | 70.1% | 70.9% | 65.0% | 66.9% | 63.6% | 63.4% | 62.2% | 63.5% |
| ██▂▂▁▁▁▁ | Cost of Funds (%) | 1.56% | 1.55% | 1.21% | 1.23% | 1.17% | 1.17% | 1.18% | 1.14% |
| █▁▁▁▁▂▂▁ | NPA / Assets (%) | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | 0.00% |
| █▁▁▁▁▂▂▁ | Net Charge-Off Ratio (%) | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.04% | 0.00% |
| ▁▅▂▃▂▇▇█ | Tang. Book Value ($M) | $13 | $15 | $14 | $14 | $14 | $17 | $17 | $17 |
| ▂▁▃▃▄▃██ | Gross Loans ($M) | $90 | $88 | $92 | $92 | $93 | $91 | $97 | $98 |
| ▁▇██▆▁▃▁ | Total Deposits ($M) | $128 | $140 | $142 | $144 | $138 | $129 | $134 | $129 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 7% |
| Agricultural | 25% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 6% |