Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.59% | -0.00 | 0.59% |
| Return on Equity (%) | ▼ | 5.42% | -0.34 | 5.76% |
| Net Interest Margin (%) | ▲ | 2.32% | +0.48 | 1.85% |
| Efficiency Ratio (%) | ▲ | 62.74% | -7.01 | 69.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.41 | $1 |
| Cost of Funds (%) | ▲ | 1.66% | -0.26 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $538 | +17.41 | $520 |
| Gross Loans ($M) | ▲ | $259 | +11.69 | $247 |
| Loan Growth YoY (%) | ▲ | 53.88% | +0.97 | 52.90% |
| Total Deposits ($M) | ▲ | $476 | +13.35 | $462 |
| Shareholders Equity ($M) | ▲ | $57 | +3.37 | $54 |
| Tang. Book Value ($M) | ▲ | $57 | +3.47 | $53 |
| TBV excl. AOCI ($M)** | ▲ | $66 | +1.47 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 53.88% | +0.97 | 52.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | -0.05% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.09% | +0.09 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 1.18% | 1.22% | 1.37% | 1.85% | 1.86% | 1.96% | 2.01% | 2.32% |
| ▁▁▂▇▇██▇ | Return on Assets (%) | 0.13% | 0.11% | 0.20% | 0.59% | 0.59% | 0.68% | 0.64% | 0.59% |
| ██▇▂▂▂▂▁ | Efficiency Ratio (%) | 98.3% | 97.2% | 89.7% | 69.8% | 70.6% | 67.6% | 69.1% | 62.7% |
| ██▅▃▃▄▂▁ | Cost of Funds (%) | 2.39% | 2.42% | 2.05% | 1.92% | 1.94% | 2.02% | 1.84% | 1.66% |
| ▅▁▁▁▁▁▁█ | NPA / Assets (%) | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% |
| ▅▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $52 | $52 | $52 | $53 | $54 | $55 | $56 | $57 |
| ▁▁▃▁▄█▇▆ | Gross Loans ($M) | $246 | $247 | $250 | $247 | $253 | $265 | $261 | $259 |
| ▄▂█▅▅▁▅█ | Total Deposits ($M) | $453 | $447 | $479 | $462 | $460 | $437 | $460 | $476 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 14% |
| Agricultural | 15% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 4% |