Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.34 | 0.81% |
| Return on Equity (%) | ▲ | 9.58% | +1.65 | 7.93% |
| Net Interest Margin (%) | ▲ | 2.70% | +0.16 | 2.55% |
| Efficiency Ratio (%) | ▲ | 53.46% | -3.03 | 56.48% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.50% | -0.07 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $250 | -7.96 | $258 |
| Gross Loans ($M) | ▲ | $111 | +3.35 | $107 |
| Loan Growth YoY (%) | ▲ | 50.13% | +3.96 | 46.18% |
| Total Deposits ($M) | ▼ | $218 | -11.41 | $229 |
| Shareholders Equity ($M) | ▲ | $29 | +3.48 | $26 |
| Tang. Book Value ($M) | ▲ | $29 | +3.48 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.11 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 50.13% | +3.96 | 46.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | -0.03% | 1.31% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▆▆██ | Net Interest Margin (%) | 2.50% | 2.47% | 2.51% | 2.55% | 2.63% | 2.64% | 2.68% | 2.70% |
| ▃▃▁▂▅▅▆█ | Return on Assets (%) | 0.85% | 0.85% | 0.70% | 0.81% | 0.95% | 0.98% | 1.01% | 1.15% |
| ▇▇█▅▁▁▃▂ | Efficiency Ratio (%) | 58.2% | 57.8% | 59.3% | 56.5% | 53.1% | 52.4% | 54.9% | 53.5% |
| ▇█▆▃▄▅▂▁ | Cost of Funds (%) | 1.70% | 1.73% | 1.65% | 1.57% | 1.60% | 1.63% | 1.55% | 1.50% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▂▂▂▆█▆ | Tang. Book Value ($M) | $25 | $28 | $26 | $26 | $26 | $29 | $31 | $29 |
| ▁▁▅▃▇▇█▇ | Gross Loans ($M) | $105 | $106 | $109 | $107 | $111 | $111 | $112 | $111 |
| ▃▅▆██▇▃▁ | Total Deposits ($M) | $222 | $224 | $226 | $229 | $230 | $228 | $221 | $218 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 3% |
| Agricultural | 21% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 24% |