Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.10 | 0.82% |
| Return on Equity (%) | ▲ | 6.73% | +0.41 | 6.32% |
| Net Interest Margin (%) | ▲ | 3.39% | +0.15 | 3.24% |
| Efficiency Ratio (%) | ▲ | 64.13% | -1.88 | 66.01% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▼ | 1.55% | +0.06 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $124 | +0.33 | $124 |
| Gross Loans ($M) | ▲ | $80 | +0.52 | $80 |
| Loan Growth YoY (%) | ▼ | 76.06% | -0.32 | 76.37% |
| Total Deposits ($M) | ▲ | $104 | +1.12 | $103 |
| Shareholders Equity ($M) | ▲ | $17 | +0.76 | $16 |
| Tang. Book Value ($M) | ▲ | $15 | +0.76 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +0.78 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 76.06% | -0.32 | 76.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.28% | -0.01% | 1.29% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇███ | Net Interest Margin (%) | 3.06% | 3.07% | 3.08% | 3.24% | 3.32% | 3.36% | 3.36% | 3.39% |
| ▁▁▃▃▇███ | Return on Assets (%) | 0.78% | 0.78% | 0.83% | 0.82% | 0.90% | 0.91% | 0.93% | 0.93% |
| ▇█▇▇▁▁▁▃ | Efficiency Ratio (%) | 66.2% | 66.6% | 66.1% | 66.0% | 63.3% | 63.3% | 63.6% | 64.1% |
| ▁▆▅▃▁▄█▇ | Cost of Funds (%) | 1.47% | 1.53% | 1.52% | 1.49% | 1.46% | 1.51% | 1.57% | 1.55% |
| ██▁▁▁▁▁▁ | NPA / Assets (%) | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▃▅▇█▇ | Tang. Book Value ($M) | $14 | $15 | $14 | $15 | $15 | $15 | $16 | $15 |
| ▇▇█▅▄▁▄▆ | Gross Loans ($M) | $81 | $81 | $82 | $80 | $79 | $77 | $79 | $80 |
| ▆▁█▆▁▁▃█ | Total Deposits ($M) | $103 | $100 | $105 | $103 | $101 | $100 | $102 | $104 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 13% |
| Agricultural | 10% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 9% |