Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.69 | 0.72% |
| Return on Equity (%) | ▲ | 14.68% | +6.25 | 8.43% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.50 | 3.21% |
| Efficiency Ratio (%) | ▲ | 58.02% | -16.25 | 74.26% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.25 | $0 |
| Cost of Funds (%) | ▲ | 1.76% | -0.25 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $119 | +4.91 | $114 |
| Gross Loans ($M) | ▲ | $75 | +4.43 | $70 |
| Loan Growth YoY (%) | ▲ | 74.68% | +1.34 | 73.33% |
| Total Deposits ($M) | ▲ | $99 | +4.31 | $95 |
| Shareholders Equity ($M) | ▲ | $12 | +1.86 | $10 |
| Tang. Book Value ($M) | ▲ | $12 | +1.86 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.89 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 74.68% | +1.34 | 73.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.09 | 0.00% |
| Allowance / Loans (%) | — | 0.91% | -0.14% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.15 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 2.91% | 3.00% | 3.09% | 3.21% | 3.31% | 3.40% | 3.45% | 3.71% |
| ▁▁▁▃▄▄▅█ | Return on Assets (%) | 0.36% | 0.37% | 0.48% | 0.72% | 0.76% | 0.79% | 0.89% | 1.41% |
| ███▆▅▄▃▁ | Efficiency Ratio (%) | 81.4% | 82.3% | 80.5% | 74.3% | 72.0% | 67.8% | 66.1% | 58.0% |
| ▇▆▅█▇▆▁▂ | Cost of Funds (%) | 1.96% | 1.93% | 1.89% | 2.01% | 1.96% | 1.91% | 1.71% | 1.76% |
| ▁▁▂▁█▇▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.03% | 0.00% | 0.21% | 0.16% | 0.10% | 0.09% |
| ▁▁▂▁█▇▅▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.05% | 0.00% | 0.33% | 0.25% | 0.17% | 0.15% |
| ▁▃▂▃▄▆██ | Tang. Book Value ($M) | $9 | $10 | $9 | $10 | $10 | $11 | $12 | $12 |
| ▁▃▃▁▄▅█▆ | Gross Loans ($M) | $70 | $72 | $72 | $70 | $73 | $74 | $77 | $75 |
| ▁▁▃▂▁▁█▅ | Total Deposits ($M) | $92 | $92 | $96 | $95 | $93 | $94 | $104 | $99 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 4% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 6% |