Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.63% | +0.11 | 1.52% |
| Return on Equity (%) | ▼ | 12.39% | -0.91 | 13.30% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.34 | 3.25% |
| Efficiency Ratio (%) | ▼ | 40.84% | +0.84 | 40.00% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.18 | $2 |
| Cost of Funds (%) | ▲ | 1.06% | -0.13 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $357 | +4.72 | $352 |
| Gross Loans ($M) | ▲ | $183 | +4.51 | $178 |
| Loan Growth YoY (%) | ▲ | 58.47% | +1.59 | 56.88% |
| Total Deposits ($M) | ▼ | $309 | -1.12 | $310 |
| Shareholders Equity ($M) | ▲ | $47 | +5.82 | $41 |
| Tang. Book Value ($M) | ▲ | $47 | +5.82 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +6.28 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 58.47% | +1.59 | 56.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.31% | 0.10% | 1.21% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 2.87% | 2.91% | 2.98% | 3.25% | 3.31% | 3.39% | 3.44% | 3.60% |
| ▁▁▁▆██▇█ | Return on Assets (%) | 1.26% | 1.28% | 1.26% | 1.52% | 1.61% | 1.63% | 1.57% | 1.63% |
| ▇▇█▂▁▁▂▃ | Efficiency Ratio (%) | 45.4% | 45.3% | 46.9% | 40.0% | 37.8% | 37.9% | 39.9% | 40.8% |
| ██▆▆▂▄▂▁ | Cost of Funds (%) | 1.27% | 1.25% | 1.20% | 1.19% | 1.11% | 1.15% | 1.11% | 1.06% |
| ▄▃▁▁▁█▁▁ | NPA / Assets (%) | 0.09% | 0.08% | 0.00% | 0.00% | 0.00% | 0.22% | 0.01% | 0.00% |
| ▄▃▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.17% | 0.14% | 0.00% | 0.00% | 0.00% | 0.43% | 0.03% | 0.00% |
| ▁▄▂▄▆███ | Tang. Book Value ($M) | $37 | $41 | $39 | $41 | $43 | $46 | $46 | $47 |
| ▁▅▆▄▆▅▆█ | Gross Loans ($M) | $174 | $179 | $180 | $178 | $180 | $179 | $180 | $183 |
| ▁▂▄▄█▂▄▄ | Total Deposits ($M) | $294 | $299 | $308 | $310 | $326 | $300 | $308 | $309 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 12% |
| Agricultural | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |