Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.23% | +0.46 | 1.76% |
| Return on Equity (%) | ▲ | 25.61% | +1.57 | 24.04% |
| Net Interest Margin (%) | ▲ | 4.44% | +0.28 | 4.16% |
| Efficiency Ratio (%) | ▲ | 48.16% | -7.64 | 55.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $1 |
| Cost of Funds (%) | ▼ | 1.05% | +0.06 | 1.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $125 | +6.66 | $118 |
| Gross Loans ($M) | ▲ | $70 | +8.17 | $62 |
| Loan Growth YoY (%) | ▲ | 60.72% | +4.79 | 55.94% |
| Total Deposits ($M) | ▲ | $114 | +4.48 | $109 |
| Shareholders Equity ($M) | ▲ | $11 | +2.16 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +2.16 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +2.00 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 60.72% | +4.79 | 55.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.32 | 0.32% |
| Allowance / Loans (%) | — | 1.63% | 0.16% | 1.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.61 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇██ | Net Interest Margin (%) | 3.74% | 3.71% | 3.80% | 4.16% | 4.20% | 4.30% | 4.35% | 4.44% |
| ▁▁▁▃▆█▆█ | Return on Assets (%) | 1.50% | 1.54% | 1.52% | 1.76% | 2.04% | 2.19% | 1.96% | 2.23% |
| █▆█▆▃▂▄▁ | Efficiency Ratio (%) | 60.0% | 56.6% | 59.8% | 55.8% | 52.1% | 49.9% | 52.7% | 48.2% |
| ▁▂▃▅▇██▆ | Cost of Funds (%) | 0.83% | 0.88% | 0.91% | 1.00% | 1.08% | 1.11% | 1.14% | 1.05% |
| █████▁▁▁ | NPA / Assets (%) | 0.37% | 0.34% | 0.34% | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% |
| ██▇▇▇▁▁▁ | Net Charge-Off Ratio (%) | 0.80% | 0.73% | 0.65% | 0.61% | 0.61% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▄▆███ | Tang. Book Value ($M) | $7 | $9 | $8 | $9 | $10 | $11 | $11 | $11 |
| ▁▂▄▅▆███ | Gross Loans ($M) | $49 | $52 | $58 | $62 | $63 | $68 | $69 | $70 |
| ▁▁▂▆▆▇██ | Total Deposits ($M) | $98 | $100 | $102 | $109 | $108 | $111 | $114 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 10% |