Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.55 | 0.12% |
| Return on Equity (%) | ▲ | 6.78% | +5.52 | 1.26% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.54 | 2.71% |
| Efficiency Ratio (%) | ▲ | 74.35% | -21.35 | 95.69% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.47 | $0 |
| Cost of Funds (%) | ▲ | 2.24% | -0.13 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $253 | +7.22 | $245 |
| Gross Loans ($M) | ▲ | $174 | +4.73 | $170 |
| Loan Growth YoY (%) | ▲ | 91.06% | +2.35 | 88.71% |
| Total Deposits ($M) | ▲ | $190 | +0.34 | $189 |
| Shareholders Equity ($M) | ▲ | $25 | +1.61 | $24 |
| Tang. Book Value ($M) | ▲ | $24 | +1.62 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.64 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 91.06% | +2.35 | 88.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Allowance / Loans (%) | — | 1.05% | -0.05% | 1.10% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▅█ | Net Interest Margin (%) | 2.45% | 2.49% | 2.54% | 2.71% | 2.83% | 2.87% | 2.92% | 3.25% |
| ▃▃▄▁▃▅▅█ | Return on Assets (%) | 0.31% | 0.31% | 0.33% | 0.12% | 0.32% | 0.41% | 0.45% | 0.67% |
| ▅▅▄█▅▃▃▁ | Efficiency Ratio (%) | 85.2% | 85.5% | 84.8% | 95.7% | 86.1% | 82.3% | 81.4% | 74.3% |
| ▆█▆▃▃▄▆▁ | Cost of Funds (%) | 2.50% | 2.64% | 2.52% | 2.37% | 2.35% | 2.43% | 2.51% | 2.24% |
| ██▆▆▆▆▁▁ | NPA / Assets (%) | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.04% | 0.02% | 0.02% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▃▃▆██ | Tang. Book Value ($M) | $22 | $23 | $22 | $22 | $22 | $23 | $24 | $24 |
| █▄▂▁▂█▃▃ | Gross Loans ($M) | $184 | $176 | $173 | $170 | $173 | $183 | $174 | $174 |
| ▁▅▆▄▁█▇▄ | Total Deposits ($M) | $184 | $191 | $192 | $189 | $184 | $196 | $193 | $190 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 12% |
| Agricultural | 4% |
| Consumer | 1% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 20% |