Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.62% | +0.07 | 1.55% |
| Return on Equity (%) | ▲ | 14.74% | +0.58 | 14.16% |
| Net Interest Margin (%) | ▲ | 4.93% | +0.23 | 4.70% |
| Efficiency Ratio (%) | ▼ | 59.30% | +2.24 | 57.06% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.73% | -0.05 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $238 | +25.16 | $213 |
| Gross Loans ($M) | ▲ | $177 | +25.16 | $152 |
| Loan Growth YoY (%) | ▲ | 83.06% | +3.43 | 79.63% |
| Total Deposits ($M) | ▲ | $211 | +22.17 | $189 |
| Shareholders Equity ($M) | ▲ | $26 | +2.99 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +2.99 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.79 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 83.06% | +3.43 | 79.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.31% | +0.03 | 0.28% |
| Allowance / Loans (%) | — | 1.01% | 0.01% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.02 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇███ | Net Interest Margin (%) | 4.38% | 4.41% | 4.44% | 4.70% | 4.81% | 4.90% | 4.94% | 4.93% |
| ▁▂▂▇▅▇▆█ | Return on Assets (%) | 1.27% | 1.34% | 1.33% | 1.55% | 1.47% | 1.57% | 1.52% | 1.62% |
| █▆█▁▅▁▂▅ | Efficiency Ratio (%) | 61.1% | 59.6% | 60.8% | 57.1% | 59.2% | 56.7% | 57.4% | 59.3% |
| ▅██▄▂▁▄▃ | Cost of Funds (%) | 1.80% | 1.92% | 1.95% | 1.78% | 1.71% | 1.65% | 1.77% | 1.73% |
| ▅▄▁▇▁▃▂█ | NPA / Assets (%) | 0.23% | 0.21% | 0.14% | 0.28% | 0.14% | 0.19% | 0.18% | 0.31% |
| ▅▄▁█▁▃▂█ | Net Charge-Off Ratio (%) | 0.34% | 0.31% | 0.20% | 0.40% | 0.20% | 0.27% | 0.25% | 0.42% |
| ▁▃▂▃▅▇▇█ | Tang. Book Value ($M) | $22 | $23 | $22 | $23 | $24 | $26 | $26 | $26 |
| ▁▁▁▃▄▅▇█ | Gross Loans ($M) | $138 | $141 | $141 | $152 | $156 | $162 | $168 | $177 |
| ▁▁▂▃▄▇██ | Total Deposits ($M) | $180 | $182 | $184 | $189 | $192 | $205 | $209 | $211 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 19% |