Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.90% | +0.81 | 1.09% |
| Return on Equity (%) | ▲ | 21.63% | +9.20 | 12.43% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.51 | 3.30% |
| Efficiency Ratio (%) | ▲ | 44.46% | -13.21 | 57.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $0 |
| Cost of Funds (%) | ▲ | 2.03% | -0.19 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $103 | +9.09 | $94 |
| Gross Loans ($M) | ▲ | $86 | +7.35 | $79 |
| Loan Growth YoY (%) | ▼ | 91.63% | -1.16 | 92.78% |
| Total Deposits ($M) | ▲ | $93 | +8.99 | $84 |
| Shareholders Equity ($M) | ▲ | $9 | +1.07 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.07 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 91.63% | -1.16 | 92.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.57% | +0.39 | 1.18% |
| Allowance / Loans (%) | — | 1.15% | -0.00% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 1.88% | +0.47 | 1.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▄▅█ | Net Interest Margin (%) | 3.17% | 3.11% | 3.12% | 3.30% | 3.31% | 3.40% | 3.49% | 3.81% |
| ▁▁▁▃▃▃▄█ | Return on Assets (%) | 0.78% | 0.83% | 0.84% | 1.09% | 1.12% | 1.19% | 1.27% | 1.90% |
| ███▆▆▅▅▁ | Efficiency Ratio (%) | 62.6% | 62.1% | 62.1% | 57.7% | 56.7% | 55.8% | 55.6% | 44.5% |
| ▃██▅▄▂▁▁ | Cost of Funds (%) | 2.12% | 2.37% | 2.37% | 2.22% | 2.17% | 2.09% | 2.05% | 2.03% |
| ▁▁▁▅▇▇▄█ | NPA / Assets (%) | 0.82% | 0.79% | 0.75% | 1.18% | 1.37% | 1.38% | 1.11% | 1.57% |
| ▁▁▁▅▆▇▄█ | Net Charge-Off Ratio (%) | 0.94% | 0.91% | 0.86% | 1.41% | 1.61% | 1.64% | 1.33% | 1.88% |
| ▁▂▂▃▄▅▆█ | Tang. Book Value ($M) | $7 | $8 | $8 | $8 | $8 | $8 | $8 | $9 |
| ▁▂▃▂▆▆█▇ | Gross Loans ($M) | $77 | $79 | $81 | $79 | $84 | $84 | $88 | $86 |
| ▁▂▃▄▄▄██ | Total Deposits ($M) | $77 | $81 | $82 | $84 | $86 | $85 | $94 | $93 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 9% |
| Agricultural | 9% |
| Consumer | 2% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |