Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.34% | -0.30 | 1.64% |
| Return on Equity (%) | ▼ | 7.86% | -1.95 | 9.81% |
| Net Interest Margin (%) | ▲ | 6.04% | +0.17 | 5.87% |
| Efficiency Ratio (%) | ▲ | 59.11% | -0.22 | 59.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 0.97% | -0.01 | 0.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $118 | +10.93 | $107 |
| Gross Loans ($M) | ▲ | $94 | +15.33 | $79 |
| Loan Growth YoY (%) | ▲ | 94.36% | +7.07 | 87.29% |
| Total Deposits ($M) | ▲ | $98 | +9.35 | $89 |
| Shareholders Equity ($M) | ▲ | $20 | +1.83 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +1.82 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 94.36% | +7.07 | 87.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.26 | 0.06% |
| Allowance / Loans (%) | — | 1.50% | -0.00% | 1.50% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.35 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▃▄▅▄ | Net Interest Margin (%) | 6.18% | 6.22% | 6.18% | 5.87% | 5.97% | 6.01% | 6.07% | 6.04% |
| █▅▅▄▆▅▅▁ | Return on Assets (%) | 2.05% | 1.73% | 1.73% | 1.64% | 1.80% | 1.77% | 1.73% | 1.34% |
| ▁▄█▇▅██▇ | Efficiency Ratio (%) | 54.2% | 57.1% | 60.1% | 59.3% | 57.4% | 59.6% | 60.1% | 59.1% |
| ▁▄███▇▇█ | Cost of Funds (%) | 0.74% | 0.85% | 0.98% | 0.98% | 0.98% | 0.95% | 0.94% | 0.97% |
| ▂▆█▁▇▄▄▅ | NPA / Assets (%) | 0.18% | 0.42% | 0.56% | 0.06% | 0.46% | 0.27% | 0.30% | 0.32% |
| ▂▆█▁▇▄▄▄ | Net Charge-Off Ratio (%) | 0.23% | 0.58% | 0.78% | 0.05% | 0.60% | 0.33% | 0.36% | 0.40% |
| ▁▁▂▄▅▆██ | Tang. Book Value ($M) | $16 | $17 | $17 | $18 | $18 | $19 | $19 | $19 |
| ▁▂▂▄▆▇██ | Gross Loans ($M) | $67 | $71 | $74 | $79 | $85 | $88 | $92 | $94 |
| ▁▂▃▄▆▆▅█ | Total Deposits ($M) | $81 | $85 | $87 | $89 | $92 | $94 | $92 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |