Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.31% | -0.19 | 1.50% |
| Return on Equity (%) | ▼ | 13.05% | -1.81 | 14.86% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.04 | 4.05% |
| Efficiency Ratio (%) | ▼ | 58.54% | +6.55 | 51.99% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.59% | -0.20 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $310 | +33.02 | $277 |
| Gross Loans ($M) | ▲ | $196 | +33.90 | $162 |
| Loan Growth YoY (%) | ▲ | 72.45% | +4.75 | 67.70% |
| Total Deposits ($M) | ▲ | $268 | +30.76 | $237 |
| Shareholders Equity ($M) | ▲ | $31 | +2.62 | $28 |
| Tang. Book Value ($M) | ▲ | $31 | +2.62 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +2.82 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 72.45% | +4.75 | 67.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | -0.01% | 1.07% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▂▄▅▂ | Net Interest Margin (%) | 4.28% | 4.27% | 4.28% | 4.05% | 4.11% | 4.15% | 4.17% | 4.09% |
| █▇▇▅▅▄▃▁ | Return on Assets (%) | 1.67% | 1.61% | 1.63% | 1.50% | 1.52% | 1.49% | 1.44% | 1.31% |
| ▁▂▁▃▃▄▅█ | Efficiency Ratio (%) | 49.0% | 50.8% | 50.1% | 52.0% | 51.9% | 52.8% | 54.3% | 58.5% |
| ▆█▅▇▅▄▂▁ | Cost of Funds (%) | 1.75% | 1.84% | 1.73% | 1.79% | 1.72% | 1.71% | 1.64% | 1.59% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▆▇██ | Tang. Book Value ($M) | $26 | $27 | $28 | $28 | $29 | $30 | $30 | $31 |
| ▁▂▂▂▄▆▆█ | Gross Loans ($M) | $152 | $158 | $158 | $162 | $173 | $183 | $185 | $196 |
| ▁▁▃▃▄▄▆█ | Total Deposits ($M) | $223 | $227 | $235 | $237 | $241 | $243 | $254 | $268 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 18% |
| Agricultural | 13% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 3% |