Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.22 | 1.07% |
| Return on Equity (%) | ▲ | 11.42% | +1.54 | 9.88% |
| Net Interest Margin (%) | ▲ | 3.28% | +0.02 | 3.26% |
| Efficiency Ratio (%) | ▲ | 60.71% | -6.80 | 67.51% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 0.93% | -0.25 | 1.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $142 | +10.60 | $132 |
| Gross Loans ($M) | ▼ | $56 | -3.89 | $60 |
| Loan Growth YoY (%) | ▼ | 45.03% | -6.97 | 52.00% |
| Total Deposits ($M) | ▲ | $122 | +8.78 | $114 |
| Shareholders Equity ($M) | ▲ | $16 | +0.87 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +0.87 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +0.79 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 45.03% | -6.97 | 52.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.95% | 0.25% | 1.71% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▅██▆ | Net Interest Margin (%) | 3.00% | 3.01% | 3.07% | 3.26% | 3.22% | 3.36% | 3.40% | 3.28% |
| ▆▅▁▃▃▇██ | Return on Assets (%) | 1.19% | 1.17% | 0.99% | 1.07% | 1.10% | 1.22% | 1.29% | 1.29% |
| ▁▂▅█▆▂▁▁ | Efficiency Ratio (%) | 61.1% | 61.7% | 64.5% | 67.5% | 65.2% | 61.7% | 61.5% | 60.7% |
| ▇█▇▄▃▇▂▁ | Cost of Funds (%) | 1.34% | 1.45% | 1.36% | 1.18% | 1.08% | 1.38% | 1.05% | 0.93% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▁▃▅█▆▇ | Tang. Book Value ($M) | $14 | $15 | $14 | $15 | $15 | $16 | $15 | $16 |
| ▇▅█▄▅▄▅▁ | Gross Loans ($M) | $63 | $60 | $64 | $60 | $61 | $60 | $61 | $56 |
| ▂▃▄▃█▁▂▆ | Total Deposits ($M) | $110 | $113 | $116 | $114 | $128 | $107 | $110 | $122 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 9% |
| Agricultural | 22% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 3% |