Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.42% | +0.82 | 1.60% |
| Return on Equity (%) | ▲ | 25.19% | +7.06 | 18.13% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.65 | 3.69% |
| Efficiency Ratio (%) | ▲ | 44.62% | -13.96 | 58.58% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.69 | $1 |
| Cost of Funds (%) | ▲ | 1.64% | -0.01 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $254 | +21.63 | $232 |
| Gross Loans ($M) | ▲ | $203 | +28.32 | $174 |
| Loan Growth YoY (%) | ▲ | 98.96% | +8.58 | 90.38% |
| Total Deposits ($M) | ▲ | $203 | +12.26 | $190 |
| Shareholders Equity ($M) | ▲ | $25 | +4.07 | $21 |
| Tang. Book Value ($M) | ▲ | $25 | +4.07 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +3.82 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 98.96% | +8.58 | 90.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.48% | +0.25 | 0.22% |
| Allowance / Loans (%) | — | 1.14% | -0.26% | 1.40% |
| Net Charge-Off Ratio (%) | ▼ | 0.60% | +0.32 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 2.94% | 3.00% | 3.15% | 3.69% | 3.82% | 3.95% | 4.04% | 4.34% |
| ▁▁▁▄▅▅▆█ | Return on Assets (%) | 0.82% | 0.81% | 0.89% | 1.60% | 1.62% | 1.81% | 1.92% | 2.42% |
| ███▅▅▄▃▁ | Efficiency Ratio (%) | 72.1% | 71.8% | 70.5% | 58.6% | 58.9% | 55.3% | 53.7% | 44.6% |
| ██▃▁▂▄▁▁ | Cost of Funds (%) | 1.86% | 1.87% | 1.72% | 1.65% | 1.68% | 1.73% | 1.65% | 1.64% |
| ▁▁▄▄▅▅▆█ | NPA / Assets (%) | 0.10% | 0.06% | 0.22% | 0.22% | 0.29% | 0.29% | 0.35% | 0.48% |
| ▁▁▄▄▅▅▆█ | Net Charge-Off Ratio (%) | 0.12% | 0.06% | 0.28% | 0.28% | 0.37% | 0.37% | 0.46% | 0.60% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $18 | $19 | $20 | $21 | $21 | $23 | $24 | $25 |
| ▁▂▃▄▅▆██ | Gross Loans ($M) | $151 | $159 | $168 | $174 | $183 | $189 | $198 | $203 |
| ▁▁▁▃▃▃█▆ | Total Deposits ($M) | $184 | $183 | $184 | $190 | $192 | $192 | $210 | $203 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 5% |
| Agricultural | 7% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 5% |