Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.13 | 0.90% |
| Return on Equity (%) | ▲ | 10.07% | +0.61 | 9.46% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.14 | 3.52% |
| Efficiency Ratio (%) | ▲ | 71.28% | -2.78 | 74.06% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 0.96% | -0.03 | 0.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +14.86 | $137 |
| Gross Loans ($M) | ▲ | $86 | +1.94 | $84 |
| Loan Growth YoY (%) | ▼ | 67.73% | -6.23 | 73.96% |
| Total Deposits ($M) | ▲ | $126 | +13.15 | $113 |
| Shareholders Equity ($M) | ▲ | $15 | +1.65 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.65 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.71 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 67.73% | -6.23 | 73.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.23 | 0.28% |
| Allowance / Loans (%) | — | 1.00% | 0.05% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.43 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -16.62 | 16.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▆█▆ | Net Interest Margin (%) | 3.32% | 3.29% | 3.27% | 3.52% | 3.66% | 3.69% | 3.87% | 3.66% |
| ▁▁▁▅███▇ | Return on Assets (%) | 0.71% | 0.68% | 0.73% | 0.90% | 1.08% | 1.10% | 1.11% | 1.03% |
| ██▇▅▃▃▁▄ | Efficiency Ratio (%) | 78.0% | 78.9% | 77.3% | 74.1% | 70.1% | 70.0% | 66.2% | 71.3% |
| ▁██▂▂▂▃▂ | Cost of Funds (%) | 0.91% | 1.23% | 1.21% | 0.99% | 0.95% | 0.97% | 1.00% | 0.96% |
| ████▂▂▂▁ | NPA / Assets (%) | 0.27% | 0.26% | 0.28% | 0.28% | 0.10% | 0.09% | 0.08% | 0.05% |
| █▇██▃▃▃▁ | Net Charge-Off Ratio (%) | 0.43% | 0.39% | 0.45% | 0.45% | 0.15% | 0.14% | 0.14% | 0.03% |
| ▁▃▂▄▅▇█▇ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $13 | $14 | $14 | $14 |
| ▁▄▄▂▃▆█▃ | Gross Loans ($M) | $83 | $87 | $86 | $84 | $86 | $89 | $92 | $86 |
| ▁▁▁▃▂▃▇█ | Total Deposits ($M) | $108 | $107 | $106 | $113 | $110 | $111 | $123 | $126 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 4% |
| Agricultural | 14% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 5% |