Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.15 | 1.25% |
| Return on Equity (%) | ▲ | 14.77% | +0.41 | 14.36% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.10 | 3.03% |
| Efficiency Ratio (%) | ▲ | 58.14% | -2.60 | 60.75% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.72% | -0.39 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $112 | +8.36 | $104 |
| Gross Loans ($M) | ▲ | $62 | +4.00 | $58 |
| Loan Growth YoY (%) | ▼ | 62.27% | -0.60 | 62.87% |
| Total Deposits ($M) | ▲ | $98 | +7.22 | $91 |
| Shareholders Equity ($M) | ▲ | $10 | +1.00 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +1.00 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +0.91 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 62.27% | -0.60 | 62.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | 0.02% | 1.04% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.13M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▂▅▄▆██ | Net Interest Margin (%) | 2.93% | 2.87% | 2.91% | 3.03% | 3.00% | 3.08% | 3.15% | 3.13% |
| ▄▃▁▅▆▆▁█ | Return on Assets (%) | 1.18% | 1.17% | 1.04% | 1.25% | 1.29% | 1.29% | 1.07% | 1.40% |
| ▅▅█▃▂▃▆▁ | Efficiency Ratio (%) | 61.9% | 61.9% | 65.2% | 60.7% | 59.7% | 60.5% | 62.6% | 58.1% |
| ▆█▇▆▄▄▃▁ | Cost of Funds (%) | 2.15% | 2.32% | 2.24% | 2.11% | 1.96% | 2.02% | 1.88% | 1.72% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▃▃▄██▇ | Tang. Book Value ($M) | $9 | $10 | $9 | $9 | $10 | $10 | $11 | $10 |
| ▁▁▇▂▂▆██ | Gross Loans ($M) | $57 | $57 | $61 | $58 | $58 | $61 | $63 | $62 |
| ▁▆▇▂█▇▄▇ | Total Deposits ($M) | $89 | $96 | $97 | $91 | $100 | $98 | $94 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 30% |
| Agricultural | 17% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 11% |