Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.26 | 0.39% |
| Return on Equity (%) | ▲ | 3.86% | +1.63 | 2.23% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.06 | 3.44% |
| Efficiency Ratio (%) | ▲ | 73.50% | -9.57 | 83.07% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $0 |
| Cost of Funds (%) | ▼ | 2.25% | +0.03 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $248 | +20.19 | $228 |
| Gross Loans ($M) | ▲ | $197 | +16.85 | $180 |
| Loan Growth YoY (%) | ▲ | 99.39% | +0.18 | 99.21% |
| Total Deposits ($M) | ▲ | $196 | +16.50 | $179 |
| Shareholders Equity ($M) | ▲ | $42 | +1.77 | $40 |
| Tang. Book Value ($M) | ▲ | $41 | +1.88 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 99.39% | +0.18 | 99.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.20% | +0.05 | 1.15% |
| Allowance / Loans (%) | — | 1.02% | -0.02% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 1.51% | +0.13 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▆▇▇██ | Net Interest Margin (%) | 3.28% | 3.33% | 3.32% | 3.44% | 3.47% | 3.47% | 3.51% | 3.50% |
| ▂▂▂▁▂▃▅█ | Return on Assets (%) | 0.44% | 0.46% | 0.46% | 0.39% | 0.44% | 0.46% | 0.54% | 0.66% |
| ██▇█▇▆▃▁ | Efficiency Ratio (%) | 83.9% | 82.6% | 82.2% | 83.1% | 81.5% | 80.2% | 77.0% | 73.5% |
| █▇▄▁▁▄▄▂ | Cost of Funds (%) | 2.42% | 2.39% | 2.31% | 2.22% | 2.24% | 2.31% | 2.30% | 2.25% |
| ▁▆█▇▇██▇ | NPA / Assets (%) | 0.28% | 0.99% | 1.39% | 1.15% | 1.13% | 1.28% | 1.29% | 1.20% |
| ▁▆█▆▇██▇ | Net Charge-Off Ratio (%) | 0.35% | 1.26% | 1.77% | 1.39% | 1.45% | 1.61% | 1.60% | 1.51% |
| ▁▂▂▄▄▆▇█ | Tang. Book Value ($M) | $38 | $39 | $39 | $39 | $40 | $40 | $41 | $41 |
| ▁▁▂▃▄▆██ | Gross Loans ($M) | $170 | $173 | $175 | $180 | $181 | $187 | $194 | $197 |
| ▁▂▂▄▅▆▆█ | Total Deposits ($M) | $168 | $172 | $175 | $179 | $185 | $186 | $188 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 13% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 3% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 18% |