Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.02 | 1.65% |
| Return on Equity (%) | ▼ | 13.77% | -1.39 | 15.16% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.14 | 4.00% |
| Efficiency Ratio (%) | ▼ | 55.26% | +1.34 | 53.92% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.30 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $227 | +7.17 | $220 |
| Gross Loans ($M) | ▲ | $149 | +6.83 | $143 |
| Loan Growth YoY (%) | ▲ | 74.59% | +2.00 | 72.59% |
| Total Deposits ($M) | ▲ | $198 | +3.69 | $194 |
| Shareholders Equity ($M) | ▲ | $28 | +3.50 | $25 |
| Tang. Book Value ($M) | ▲ | $28 | +3.50 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.70 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 74.59% | +2.00 | 72.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.05% |
| Allowance / Loans (%) | — | 1.31% | 0.08% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.00 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▇██▇ | Net Interest Margin (%) | 3.95% | 3.97% | 3.94% | 4.00% | 4.16% | 4.20% | 4.20% | 4.14% |
| ▂▄▁▅▆█▅▆ | Return on Assets (%) | 1.52% | 1.58% | 1.46% | 1.65% | 1.66% | 1.76% | 1.62% | 1.67% |
| █▄▄▆▅▁▁█ | Efficiency Ratio (%) | 54.7% | 52.6% | 52.8% | 53.9% | 53.2% | 50.7% | 50.8% | 55.3% |
| ▅▇█▅▂▃▁▁ | Cost of Funds (%) | 1.90% | 2.03% | 2.12% | 1.86% | 1.66% | 1.75% | 1.62% | 1.56% |
| █▇████▁▁ | NPA / Assets (%) | 0.04% | 0.04% | 0.05% | 0.05% | 0.05% | 0.04% | 0.00% | 0.00% |
| ▁▁███▇▆▆ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▄▁▃▄█▇█ | Tang. Book Value ($M) | $23 | $26 | $24 | $25 | $26 | $28 | $28 | $28 |
| ▁▃▅▁▂▃█▄ | Gross Loans ($M) | $143 | $148 | $153 | $143 | $145 | $147 | $160 | $149 |
| ▄▁▄▆▅█▄█ | Total Deposits ($M) | $189 | $183 | $190 | $194 | $192 | $198 | $189 | $198 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 41% |
| C&I / Commercial | 8% |
| Agricultural | 48% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 14% |