Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.14% | +0.39 | 1.75% |
| Return on Equity (%) | ▲ | 21.37% | +2.37 | 19.00% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.33 | 3.53% |
| Efficiency Ratio (%) | ▲ | 45.44% | -4.86 | 50.30% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 0.88% | -0.14 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $100 | +2.98 | $97 |
| Gross Loans ($M) | ▼ | $31 | -0.74 | $31 |
| Loan Growth YoY (%) | ▼ | 32.11% | -2.20 | 34.30% |
| Total Deposits ($M) | ▲ | $89 | +2.10 | $87 |
| Shareholders Equity ($M) | ▲ | $10 | +0.94 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +0.94 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.22 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 32.11% | -2.20 | 34.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.49 | 0.00% |
| Allowance / Loans (%) | — | 6.33% | 1.73% | 4.60% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇██ | Net Interest Margin (%) | 3.23% | 3.27% | 3.33% | 3.53% | 3.69% | 3.76% | 3.80% | 3.86% |
| ▄▄▁▇▇▇▁█ | Return on Assets (%) | 1.30% | 1.27% | 0.56% | 1.75% | 1.81% | 1.84% | 0.65% | 2.14% |
| ▃▃█▂▁▁▆▁ | Efficiency Ratio (%) | 55.5% | 57.3% | 79.5% | 50.3% | 48.1% | 49.0% | 68.1% | 45.4% |
| ▆▇█▆▂▁▁▁ | Cost of Funds (%) | 1.02% | 1.05% | 1.09% | 1.02% | 0.92% | 0.89% | 0.87% | 0.88% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 0.49% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▁▃▅█▅▆ | Tang. Book Value ($M) | $8 | $9 | $8 | $9 | $9 | $10 | $9 | $10 |
| ▁▂▃▆██▆▅ | Gross Loans ($M) | $28 | $29 | $29 | $31 | $32 | $33 | $31 | $31 |
| ▂▁▁▇▅▄▃█ | Total Deposits ($M) | $80 | $78 | $78 | $87 | $84 | $83 | $81 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 25% |
| Agricultural | 9% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |