Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.47% | +0.36 | 1.12% |
| Return on Equity (%) | ▲ | 13.81% | +1.47 | 12.34% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.41 | 3.32% |
| Efficiency Ratio (%) | ▲ | 56.09% | -11.01 | 67.10% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.50 | $1 |
| Cost of Funds (%) | ▼ | 0.93% | +0.10 | 0.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $331 | +5.37 | $326 |
| Gross Loans ($M) | ▲ | $186 | +41.18 | $144 |
| Loan Growth YoY (%) | ▲ | 62.31% | +13.96 | 48.35% |
| Total Deposits ($M) | ▼ | $295 | -0.49 | $296 |
| Shareholders Equity ($M) | ▲ | $35 | +5.80 | $29 |
| Tang. Book Value ($M) | ▲ | $35 | +5.80 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $41 | +4.83 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 62.31% | +13.96 | 48.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.83% | -0.10% | 0.93% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▇▇█ | Net Interest Margin (%) | 2.96% | 2.99% | 3.07% | 3.32% | 3.44% | 3.54% | 3.58% | 3.73% |
| ▁▁▂▃▆▇██ | Return on Assets (%) | 0.97% | 0.96% | 1.03% | 1.12% | 1.34% | 1.39% | 1.46% | 1.47% |
| ███▇▄▄▃▁ | Efficiency Ratio (%) | 68.9% | 69.5% | 68.1% | 67.1% | 61.1% | 61.3% | 60.0% | 56.1% |
| ▁▂▃▁▇▇█▆ | Cost of Funds (%) | 0.82% | 0.85% | 0.88% | 0.83% | 0.95% | 0.95% | 0.98% | 0.93% |
| ▂▁▂▄█▃▂▂ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% |
| ▂▁▂▄█▃▂▂ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.02% | 0.00% | 0.00% | 0.00% |
| ▁▄▃▄▆███ | Tang. Book Value ($M) | $24 | $29 | $27 | $29 | $31 | $34 | $35 | $35 |
| ▁▁▂▃▄▆██ | Gross Loans ($M) | $121 | $126 | $136 | $144 | $150 | $164 | $180 | $186 |
| ▂▁▁█▆▅▅█ | Total Deposits ($M) | $272 | $265 | $267 | $296 | $285 | $281 | $282 | $295 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 13% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 9% |