Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.93% | -0.07 | 1.00% |
| Return on Equity (%) | ▼ | 9.85% | -2.08 | 11.93% |
| Net Interest Margin (%) | ▲ | 4.30% | +0.45 | 3.85% |
| Efficiency Ratio (%) | ▼ | 67.93% | +2.79 | 65.14% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.38% | -0.16 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $177 | -1.10 | $178 |
| Gross Loans ($M) | ▲ | $129 | +10.86 | $118 |
| Loan Growth YoY (%) | ▲ | 79.84% | +8.03 | 71.82% |
| Total Deposits ($M) | ▼ | $159 | -3.16 | $162 |
| Shareholders Equity ($M) | ▲ | $17 | +2.16 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.17 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.15 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 79.84% | +8.03 | 71.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.56 | 0.01% |
| Allowance / Loans (%) | — | 1.48% | 0.18% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.79% | +0.77 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▅▆▆█ | Net Interest Margin (%) | 3.28% | 3.50% | 3.60% | 3.85% | 3.89% | 3.96% | 4.03% | 4.30% |
| ▁▄▅█▇██▇ | Return on Assets (%) | 0.63% | 0.80% | 0.82% | 1.00% | 0.93% | 0.97% | 1.00% | 0.93% |
| █▆▆▄▃▂▁▅ | Efficiency Ratio (%) | 73.4% | 68.6% | 69.1% | 65.1% | 64.1% | 61.6% | 59.5% | 67.9% |
| ▆▇█▆▄▅▄▁ | Cost of Funds (%) | 1.54% | 1.58% | 1.62% | 1.53% | 1.50% | 1.53% | 1.49% | 1.38% |
| ▁▁▁▁▄▆▄█ | NPA / Assets (%) | 0.05% | 0.07% | 0.06% | 0.01% | 0.25% | 0.41% | 0.27% | 0.57% |
| ▁▁▁▁▄▆▄█ | Net Charge-Off Ratio (%) | 0.08% | 0.10% | 0.09% | 0.02% | 0.37% | 0.59% | 0.38% | 0.79% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $13 | $14 | $14 | $15 | $16 | $16 | $17 | $17 |
| ▁▃▄▄▅▇█▇ | Gross Loans ($M) | $109 | $115 | $118 | $118 | $121 | $127 | $132 | $129 |
| ▁▁▄▆▇██▅ | Total Deposits ($M) | $152 | $151 | $157 | $162 | $163 | $164 | $166 | $159 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 20% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 8% |