Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.29 | 0.68% |
| Return on Equity (%) | ▲ | 8.77% | +2.28 | 6.49% |
| Net Interest Margin (%) | ▲ | 2.79% | +0.23 | 2.56% |
| Efficiency Ratio (%) | ▲ | 63.20% | -8.64 | 71.84% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.78% | -0.11 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $155 | +13.15 | $142 |
| Gross Loans ($M) | ▼ | $76 | -0.71 | $77 |
| Loan Growth YoY (%) | ▼ | 54.53% | -5.45 | 59.98% |
| Total Deposits ($M) | ▲ | $137 | +11.28 | $126 |
| Shareholders Equity ($M) | ▲ | $17 | +1.83 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.83 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.54 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 54.53% | -5.45 | 59.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.60% | 0.01% | 1.58% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅▆▆█ | Net Interest Margin (%) | 2.33% | 2.29% | 2.31% | 2.56% | 2.59% | 2.65% | 2.66% | 2.79% |
| ▁▁▂▅▆▆▆█ | Return on Assets (%) | 0.39% | 0.36% | 0.50% | 0.68% | 0.75% | 0.79% | 0.79% | 0.97% |
| ██▇▄▃▂▂▁ | Efficiency Ratio (%) | 81.8% | 83.2% | 78.7% | 71.8% | 69.6% | 67.9% | 68.1% | 63.2% |
| ▄█▅▃▄▅▁▁ | Cost of Funds (%) | 1.96% | 2.22% | 2.05% | 1.89% | 1.97% | 2.04% | 1.83% | 1.78% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▄▆███ | Tang. Book Value ($M) | $13 | $14 | $14 | $15 | $16 | $17 | $17 | $17 |
| ▁▄▇▂▇█▇▁ | Gross Loans ($M) | $76 | $77 | $78 | $77 | $79 | $79 | $79 | $76 |
| ▂▁▂▄▅▃▆█ | Total Deposits ($M) | $122 | $118 | $122 | $126 | $128 | $124 | $132 | $137 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 5% |
| Agricultural | 30% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 8% |