Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.49 | 1.03% |
| Return on Equity (%) | ▲ | 19.90% | +4.13 | 15.77% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.37 | 3.67% |
| Efficiency Ratio (%) | ▲ | 59.60% | -9.81 | 69.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $0 |
| Cost of Funds (%) | ▲ | 1.85% | -0.01 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $154 | +13.44 | $140 |
| Gross Loans ($M) | ▲ | $134 | +15.17 | $119 |
| Loan Growth YoY (%) | ▲ | 118.64% | +12.05 | 106.59% |
| Total Deposits ($M) | ▲ | $112 | +1.42 | $110 |
| Shareholders Equity ($M) | ▲ | $12 | +1.90 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +1.90 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 118.64% | +12.05 | 106.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.92% | 0.05% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.10% | +0.13 | 9.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▁▃▄▆█ | Net Interest Margin (%) | 3.63% | 3.64% | 3.72% | 3.67% | 3.77% | 3.81% | 3.92% | 4.04% |
| ▁▁▁▂▃▄▅█ | Return on Assets (%) | 0.96% | 0.96% | 0.94% | 1.03% | 1.15% | 1.22% | 1.29% | 1.52% |
| ███▇▅▃▃▁ | Efficiency Ratio (%) | 71.8% | 72.4% | 72.4% | 69.4% | 66.9% | 64.0% | 63.3% | 59.6% |
| ▂▃▁▆▆█▆▅ | Cost of Funds (%) | 1.67% | 1.73% | 1.61% | 1.86% | 1.88% | 2.01% | 1.88% | 1.85% |
| ██▁▁▂▂▁▁ | NPA / Assets (%) | 0.23% | 0.23% | 0.00% | 0.00% | 0.04% | 0.03% | 0.00% | 0.00% |
| ▁▁▁▁██▁▂ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.00% | 0.01% |
| ▁▂▁▅▆▇██ | Tang. Book Value ($M) | $8 | $8 | $8 | $10 | $11 | $11 | $12 | $12 |
| ▁▁▃▄▆▇██ | Gross Loans ($M) | $106 | $109 | $116 | $119 | $124 | $128 | $133 | $134 |
| ▁▅▁▅▃▅█▅ | Total Deposits ($M) | $103 | $110 | $103 | $110 | $107 | $111 | $117 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 12% |
| Agricultural | 23% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 19% |