Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.48 | 1.19% |
| Return on Equity (%) | ▲ | 21.58% | +4.70 | 16.88% |
| Net Interest Margin (%) | ▲ | 4.77% | +0.09 | 4.69% |
| Efficiency Ratio (%) | ▲ | 63.40% | -7.56 | 70.96% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.82% | -0.15 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $112 | +7.62 | $104 |
| Gross Loans ($M) | ▲ | $81 | +4.87 | $77 |
| Loan Growth YoY (%) | ▼ | 78.42% | -1.28 | 79.70% |
| Total Deposits ($M) | ▲ | $103 | +7.73 | $95 |
| Shareholders Equity ($M) | ▲ | $9 | +1.18 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.18 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 78.42% | -1.28 | 79.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.17 | 0.01% |
| Allowance / Loans (%) | — | 1.32% | -0.05% | 1.37% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.23 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.65% | -0.07 | 11.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆██▆ | Net Interest Margin (%) | 4.36% | 4.39% | 4.50% | 4.69% | 4.77% | 4.87% | 4.94% | 4.77% |
| ▁▁▂▂▂▄▆█ | Return on Assets (%) | 1.06% | 1.13% | 1.21% | 1.19% | 1.17% | 1.36% | 1.49% | 1.67% |
| ██▇██▅▃▁ | Efficiency Ratio (%) | 71.6% | 70.8% | 69.6% | 71.0% | 70.8% | 67.5% | 66.3% | 63.4% |
| ▁█▅▃▂▂▁▁ | Cost of Funds (%) | 1.89% | 2.39% | 2.11% | 1.97% | 1.89% | 1.89% | 1.85% | 1.82% |
| █▁▁▁▁▁▁▂ | NPA / Assets (%) | 1.05% | 0.08% | 0.02% | 0.01% | 0.00% | 0.00% | 0.00% | 0.17% |
| █▁▁▁▁▁▁▂ | Net Charge-Off Ratio (%) | 1.42% | 0.11% | 0.03% | 0.01% | 0.00% | 0.00% | 0.00% | 0.24% |
| ▁▃▃▄▅▆██ | Tang. Book Value ($M) | $7 | $7 | $7 | $8 | $8 | $8 | $9 | $9 |
| ▃▂▁▁▃▄█▄ | Gross Loans ($M) | $79 | $78 | $78 | $77 | $80 | $81 | $87 | $81 |
| ▁▃▂▁▆▇▆█ | Total Deposits ($M) | $94 | $96 | $96 | $95 | $100 | $101 | $100 | $103 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 14% |
| Agricultural | 10% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 13% |