Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.20 | 0.44% |
| Return on Equity (%) | ▲ | 6.54% | +1.34 | 5.20% |
| Net Interest Margin (%) | ▲ | 3.33% | +0.53 | 2.80% |
| Efficiency Ratio (%) | ▲ | 73.94% | -7.00 | 80.94% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.19 | $0 |
| Cost of Funds (%) | ▲ | 1.30% | -0.10 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $220 | +9.00 | $211 |
| Gross Loans ($M) | ▲ | $110 | +10.25 | $100 |
| Loan Growth YoY (%) | ▲ | 65.98% | +6.87 | 59.10% |
| Total Deposits ($M) | ▼ | $165 | -1.89 | $166 |
| Shareholders Equity ($M) | ▲ | $21 | +3.10 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +3.10 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +3.32 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 65.98% | +6.87 | 59.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.01 | 0.09% |
| Allowance / Loans (%) | — | 1.16% | -0.06% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.15% | -0.03 | 0.18% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 2.08% | 2.18% | 2.24% | 2.80% | 2.86% | 2.90% | 3.02% | 3.33% |
| ▁▁▁▃█▅▅▅ | Return on Assets (%) | 0.23% | 0.19% | 0.14% | 0.44% | 1.10% | 0.74% | 0.71% | 0.64% |
| ███▆▁▂▃▄ | Efficiency Ratio (%) | 90.3% | 90.0% | 91.8% | 80.9% | 59.1% | 65.3% | 68.9% | 73.9% |
| ▇█▄▂▁▃▃▁ | Cost of Funds (%) | 1.81% | 1.91% | 1.54% | 1.40% | 1.36% | 1.51% | 1.46% | 1.30% |
| ▆█▅▄▄▃▁▂ | NPA / Assets (%) | 0.10% | 0.11% | 0.09% | 0.09% | 0.08% | 0.08% | 0.07% | 0.08% |
| █▇▄▃▃▂▁▁ | Net Charge-Off Ratio (%) | 0.26% | 0.23% | 0.19% | 0.18% | 0.18% | 0.17% | 0.14% | 0.15% |
| ▁▄▁▃▆▇██ | Tang. Book Value ($M) | $17 | $19 | $17 | $18 | $20 | $21 | $21 | $21 |
| ▁▃▄▅▆█▇█ | Gross Loans ($M) | $85 | $93 | $95 | $100 | $103 | $109 | $106 | $110 |
| ▃▁▁█████ | Total Deposits ($M) | $151 | $145 | $144 | $166 | $166 | $165 | $167 | $165 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 19% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 10% |