Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.33 | 1.58% |
| Return on Equity (%) | ▲ | 18.42% | +3.13 | 15.29% |
| Net Interest Margin (%) | ▲ | 4.95% | +0.53 | 4.42% |
| Efficiency Ratio (%) | ▲ | 42.74% | -5.34 | 48.08% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.66 | $3 |
| Cost of Funds (%) | ▲ | 1.66% | -0.12 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $520 | +27.10 | $493 |
| Gross Loans ($M) | ▲ | $433 | +37.31 | $396 |
| Loan Growth YoY (%) | ▲ | 92.07% | +0.04 | 92.03% |
| Total Deposits ($M) | ▲ | $465 | +39.61 | $425 |
| Shareholders Equity ($M) | ▲ | $53 | +2.18 | $51 |
| Tang. Book Value ($M) | ▲ | $49 | +2.10 | $47 |
| Loan / Deposit Ratio (%) | ▲ | 92.07% | +0.04 | 92.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.20% | 0.06% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▄▅▆█ | Net Interest Margin (%) | 4.23% | 4.35% | 4.35% | 4.42% | 4.59% | 4.60% | 4.72% | 4.95% |
| ▁▂▂▂▄▅▆█ | Return on Assets (%) | 1.47% | 1.56% | 1.57% | 1.58% | 1.67% | 1.70% | 1.75% | 1.91% |
| █▇▇▆▄▃▃▁ | Efficiency Ratio (%) | 50.3% | 49.0% | 48.7% | 48.1% | 45.9% | 45.4% | 45.0% | 42.7% |
| █▇▆▄██▃▁ | Cost of Funds (%) | 1.88% | 1.85% | 1.83% | 1.78% | 1.90% | 1.91% | 1.75% | 1.66% |
| ▁▁██▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁██▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▄▆█▇█ | Tang. Book Value ($M) | $45 | $46 | $46 | $47 | $48 | $49 | $48 | $49 |
| ▁▁▁▁▁▃▅█ | Gross Loans ($M) | $396 | $399 | $398 | $396 | $400 | $409 | $417 | $433 |
| ▂▁▂▃▅▇▅█ | Total Deposits ($M) | $417 | $409 | $416 | $425 | $440 | $454 | $439 | $465 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 2% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |