Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.22 | 1.57% |
| Return on Equity (%) | ▲ | 14.69% | +0.41 | 14.28% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.27 | 3.92% |
| Efficiency Ratio (%) | ▲ | 58.30% | -0.49 | 58.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.54% | -0.21 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $267 | -1.23 | $268 |
| Gross Loans ($M) | ▲ | $214 | +10.33 | $204 |
| Loan Growth YoY (%) | ▲ | 93.39% | +7.92 | 85.47% |
| Total Deposits ($M) | ▼ | $227 | -9.06 | $236 |
| Shareholders Equity ($M) | ▲ | $33 | +2.56 | $30 |
| Tang. Book Value ($M) | ▲ | $33 | +2.56 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +1.82 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 93.39% | +7.92 | 85.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.29 | 0.00% |
| Allowance / Loans (%) | — | 0.88% | -0.00% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.37 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▆▇█ | Net Interest Margin (%) | 3.48% | 3.53% | 3.66% | 3.92% | 3.97% | 4.01% | 4.07% | 4.19% |
| ▁▁▃▆▇███ | Return on Assets (%) | 0.96% | 0.99% | 1.21% | 1.57% | 1.59% | 1.72% | 1.74% | 1.78% |
| █▆▄▃▁▁▁▂ | Efficiency Ratio (%) | 68.7% | 64.8% | 61.7% | 58.8% | 56.9% | 56.0% | 55.4% | 58.3% |
| █▇▄▃▄▄▁▁ | Cost of Funds (%) | 2.14% | 2.00% | 1.78% | 1.75% | 1.78% | 1.80% | 1.60% | 1.54% |
| ▅▃▁▁████ | NPA / Assets (%) | 0.18% | 0.11% | 0.01% | 0.00% | 0.28% | 0.31% | 0.29% | 0.29% |
| ▅▃▁▁████ | Net Charge-Off Ratio (%) | 0.23% | 0.14% | 0.02% | 0.00% | 0.36% | 0.39% | 0.36% | 0.37% |
| ▁▃▃▄▆███ | Tang. Book Value ($M) | $28 | $29 | $29 | $30 | $31 | $32 | $33 | $33 |
| ▁▁▄▄▅▅██ | Gross Loans ($M) | $196 | $198 | $204 | $204 | $208 | $208 | $215 | $214 |
| ▂▅█▇▄▁▃▄ | Total Deposits ($M) | $221 | $229 | $239 | $236 | $227 | $217 | $224 | $227 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 10% |
| Agricultural | 11% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 2% |