Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.23 | 0.87% |
| Return on Equity (%) | ▲ | 14.12% | +2.78 | 11.34% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.42 | 4.04% |
| Efficiency Ratio (%) | ▲ | 65.82% | -7.84 | 73.66% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 2.21% | -0.09 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +12.05 | $114 |
| Gross Loans ($M) | ▲ | $100 | +14.16 | $86 |
| Loan Growth YoY (%) | ▲ | 85.19% | +4.68 | 80.52% |
| Total Deposits ($M) | ▲ | $116 | +10.90 | $105 |
| Shareholders Equity ($M) | ▲ | $10 | +1.00 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +1.00 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 85.19% | +4.68 | 80.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.48 | 0.40% |
| Allowance / Loans (%) | — | 1.20% | -0.22% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 1.11% | +0.59 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.06% | +11.06 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▃▁▁▃▅█ | Net Interest Margin (%) | 4.11% | 4.11% | 4.16% | 4.04% | 4.09% | 4.18% | 4.26% | 4.46% |
| ▁▂▃▂▃▆▇█ | Return on Assets (%) | 0.83% | 0.88% | 0.93% | 0.87% | 0.93% | 1.02% | 1.04% | 1.10% |
| █▆▅█▆▃▃▁ | Efficiency Ratio (%) | 73.0% | 71.4% | 70.4% | 73.7% | 71.3% | 68.5% | 68.4% | 65.8% |
| ▁▃▃▇███▄ | Cost of Funds (%) | 2.10% | 2.17% | 2.19% | 2.31% | 2.33% | 2.34% | 2.35% | 2.21% |
| █▆▂▁▅▁▁█ | NPA / Assets (%) | 0.86% | 0.74% | 0.42% | 0.40% | 0.65% | 0.40% | 0.34% | 0.88% |
| ▄▇▂▂▅▂▁█ | Net Charge-Off Ratio (%) | 0.72% | 0.96% | 0.53% | 0.53% | 0.83% | 0.52% | 0.42% | 1.11% |
| ▁▃▁▃▄▇▇█ | Tang. Book Value ($M) | $8 | $9 | $8 | $9 | $9 | $10 | $10 | $10 |
| ▂▁▁▁▄▅██ | Gross Loans ($M) | $87 | $84 | $84 | $86 | $91 | $94 | $98 | $100 |
| ▁▁▁▄▅▇▇█ | Total Deposits ($M) | $98 | $100 | $99 | $105 | $107 | $112 | $112 | $116 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 16% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 20% |