Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.29 | 0.61% |
| Return on Equity (%) | ▲ | 10.71% | +2.45 | 8.26% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.42 | 2.89% |
| Efficiency Ratio (%) | ▲ | 63.27% | -8.08 | 71.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $0 |
| Cost of Funds (%) | ▲ | 1.64% | -0.04 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $199 | +2.28 | $197 |
| Gross Loans ($M) | ▼ | $115 | -0.92 | $116 |
| Loan Growth YoY (%) | ▼ | 67.51% | -1.93 | 69.44% |
| Total Deposits ($M) | ▲ | $168 | +3.32 | $165 |
| Shareholders Equity ($M) | ▲ | $17 | +2.18 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +2.30 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.28 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 67.51% | -1.93 | 69.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | 0.03% | 1.24% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 2.62% | 2.62% | 2.67% | 2.89% | 2.97% | 3.05% | 3.10% | 3.31% |
| ▁▁▁▃▅▅▆█ | Return on Assets (%) | 0.49% | 0.48% | 0.46% | 0.61% | 0.68% | 0.70% | 0.77% | 0.90% |
| ███▅▄▃▃▁ | Efficiency Ratio (%) | 76.1% | 76.5% | 75.8% | 71.3% | 68.9% | 67.9% | 66.8% | 63.3% |
| ▅█▅▂▃▄▁▁ | Cost of Funds (%) | 1.79% | 1.90% | 1.78% | 1.67% | 1.72% | 1.76% | 1.64% | 1.64% |
| ▁█▃▁▂▂▂▁ | NPA / Assets (%) | 0.00% | 0.17% | 0.06% | 0.00% | 0.03% | 0.04% | 0.04% | 0.00% |
| ▁█▃▁▂▂▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.27% | 0.09% | 0.00% | 0.05% | 0.06% | 0.01% | 0.00% |
| ▃▇▁▃▅▇██ | Tang. Book Value ($M) | $14 | $16 | $13 | $14 | $15 | $16 | $16 | $16 |
| ▁▄▆▂█▆▅▁ | Gross Loans ($M) | $115 | $119 | $120 | $116 | $122 | $120 | $119 | $115 |
| ▁▁▄▆▇▇██ | Total Deposits ($M) | $155 | $153 | $160 | $165 | $168 | $168 | $170 | $168 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 8% |
| Agricultural | 12% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |