Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.40 | 1.12% |
| Return on Equity (%) | ▲ | 8.94% | +1.27 | 7.67% |
| Net Interest Margin (%) | ▲ | 3.04% | +0.37 | 2.67% |
| Efficiency Ratio (%) | ▲ | 49.88% | -8.10 | 57.98% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 0.91% | -0.07 | 0.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $107 | -3.82 | $111 |
| Gross Loans ($M) | ▲ | $47 | +4.45 | $43 |
| Loan Growth YoY (%) | ▲ | 52.84% | +7.85 | 44.98% |
| Total Deposits ($M) | ▼ | $89 | -5.65 | $95 |
| Shareholders Equity ($M) | ▲ | $18 | +1.91 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.91 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.61 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 52.84% | +7.85 | 44.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.47% | -0.07% | 0.54% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 2.36% | 2.43% | 2.47% | 2.67% | 2.77% | 2.83% | 2.90% | 3.04% |
| ▂▁▁▁▁▃▃█ | Return on Assets (%) | 1.18% | 1.15% | 1.13% | 1.12% | 1.16% | 1.25% | 1.25% | 1.52% |
| ▆▇▇██▆▇▁ | Efficiency Ratio (%) | 55.4% | 56.1% | 56.5% | 58.0% | 57.7% | 55.2% | 56.2% | 49.9% |
| ▃▅█▃▄▃▇▁ | Cost of Funds (%) | 0.98% | 1.02% | 1.09% | 0.97% | 0.99% | 0.97% | 1.06% | 0.91% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▄▆▇██ | Tang. Book Value ($M) | $14 | $16 | $15 | $16 | $17 | $18 | $18 | $18 |
| ▁▁▁▄▆▇██ | Gross Loans ($M) | $39 | $39 | $39 | $43 | $44 | $46 | $47 | $47 |
| ▃▅▂▆▆█▁▂ | Total Deposits ($M) | $91 | $94 | $89 | $95 | $96 | $100 | $86 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 4% |
| Agricultural | 36% |
| Consumer | 4% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 3% |