Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.27% | +0.59 | 1.68% |
| Return on Equity (%) | ▲ | 21.59% | +5.57 | 16.02% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.32 | 3.11% |
| Efficiency Ratio (%) | ▲ | 31.87% | -13.33 | 45.20% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.02 | $2 |
| Cost of Funds (%) | ▲ | 1.88% | -0.39 | 2.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $466 | +42.84 | $423 |
| Gross Loans ($M) | ▲ | $274 | +35.04 | $239 |
| Loan Growth YoY (%) | ▲ | 65.95% | +2.96 | 62.99% |
| Total Deposits ($M) | ▲ | $409 | +36.39 | $373 |
| Shareholders Equity ($M) | ▲ | $51 | +5.61 | $45 |
| Tang. Book Value ($M) | ▲ | $51 | +5.61 | $45 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +6.37 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 65.95% | +2.96 | 62.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | -0.20% | 1.57% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.70% | -1.00 | 16.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▇▆▁▅███ | Net Interest Margin (%) | 3.31% | 3.38% | 3.32% | 3.11% | 3.31% | 3.41% | 3.42% | 3.43% |
| ▃▁▂▁▂▃▃█ | Return on Assets (%) | 1.86% | 1.74% | 1.79% | 1.68% | 1.80% | 1.84% | 1.83% | 2.27% |
| ▆█▇▇▇▇▇▁ | Efficiency Ratio (%) | 42.6% | 47.1% | 44.3% | 45.2% | 44.0% | 44.2% | 44.3% | 31.9% |
| ██▆▆▇▇▁▁ | Cost of Funds (%) | 2.46% | 2.48% | 2.28% | 2.26% | 2.35% | 2.32% | 1.82% | 1.88% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▄▅▆██ | Tang. Book Value ($M) | $41 | $44 | $44 | $45 | $47 | $48 | $51 | $51 |
| ▃▄▁▁▅▇▇█ | Gross Loans ($M) | $252 | $253 | $239 | $239 | $260 | $266 | $269 | $274 |
| ▁▁▄▄▃▃█▆ | Total Deposits ($M) | $315 | $323 | $376 | $373 | $353 | $348 | $446 | $409 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 10% |
| Agricultural | 47% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |