Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.83% | +0.28 | 1.55% |
| Return on Equity (%) | ▲ | 19.10% | +1.52 | 17.58% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.33 | 3.32% |
| Efficiency Ratio (%) | ▲ | 51.13% | -3.38 | 54.51% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $0 |
| Cost of Funds (%) | ▼ | 1.03% | +0.10 | 0.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $121 | +11.49 | $110 |
| Gross Loans ($M) | ▼ | $25 | -6.24 | $31 |
| Loan Growth YoY (%) | ▼ | 22.45% | -8.61 | 31.06% |
| Total Deposits ($M) | ▲ | $109 | +10.17 | $99 |
| Shareholders Equity ($M) | ▲ | $12 | +1.30 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.30 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.73 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 22.45% | -8.61 | 31.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.04% | +0.19 | 0.85% |
| Allowance / Loans (%) | — | 1.16% | 0.26% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -3.01 | 3.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▂▁▁▂▁█ | Net Interest Margin (%) | 3.40% | 3.45% | 3.36% | 3.32% | 3.32% | 3.34% | 3.29% | 3.65% |
| ▇█▆▁▁▂▂█ | Return on Assets (%) | 1.81% | 1.87% | 1.77% | 1.55% | 1.56% | 1.60% | 1.60% | 1.83% |
| ▂▁▂██▇▆▄ | Efficiency Ratio (%) | 49.4% | 48.6% | 49.9% | 54.5% | 54.8% | 53.7% | 53.2% | 51.1% |
| ▃█▁▂▆█▄▇ | Cost of Funds (%) | 0.96% | 1.06% | 0.90% | 0.94% | 1.02% | 1.07% | 0.99% | 1.03% |
| ▁▁▆▆▇█▆▇ | NPA / Assets (%) | 0.00% | 0.00% | 0.77% | 0.85% | 0.94% | 1.20% | 0.86% | 1.04% |
| ▁▁▇▇███▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 3.16% | 3.01% | 3.45% | 3.72% | 3.71% | 0.00% |
| ▂▅▁▃▆█▆▇ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $12 | $12 |
| ██▆█▇▅▆▁ | Gross Loans ($M) | $30 | $31 | $29 | $31 | $30 | $28 | $29 | $25 |
| ▂▁█▃▃▄█▇ | Total Deposits ($M) | $94 | $91 | $112 | $99 | $99 | $102 | $113 | $109 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 19% |
| Agricultural | 4% |
| Consumer | 16% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 18% |