Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.32% | +0.23 | 2.09% |
| Return on Equity (%) | ▲ | 16.65% | +1.28 | 15.37% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.16 | 3.82% |
| Efficiency Ratio (%) | ▲ | 43.16% | -1.56 | 44.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▼ | 0.93% | +0.03 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $100 | +2.08 | $98 |
| Gross Loans ($M) | ▲ | $52 | +4.34 | $47 |
| Loan Growth YoY (%) | ▲ | 59.76% | +4.19 | 55.58% |
| Total Deposits ($M) | ▲ | $86 | +1.34 | $84 |
| Shareholders Equity ($M) | ▲ | $14 | +0.70 | $14 |
| Tang. Book Value ($M) | ▲ | $14 | +0.70 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.60 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 59.76% | +4.19 | 55.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.80% | -0.05% | 0.86% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▇▇███ | Net Interest Margin (%) | 3.25% | 3.34% | 3.44% | 3.82% | 3.86% | 3.94% | 3.96% | 3.98% |
| ▁▁▂▆▇▇▇█ | Return on Assets (%) | 1.39% | 1.43% | 1.58% | 2.09% | 2.10% | 2.18% | 2.13% | 2.32% |
| ██▇▁▂▁▂▁ | Efficiency Ratio (%) | 57.1% | 56.8% | 54.7% | 44.7% | 45.6% | 44.7% | 46.2% | 43.2% |
| ▂█▃▃▁▅▁▅ | Cost of Funds (%) | 0.89% | 0.98% | 0.90% | 0.90% | 0.86% | 0.93% | 0.86% | 0.93% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▅▆███ | Tang. Book Value ($M) | $13 | $13 | $13 | $14 | $14 | $14 | $14 | $14 |
| ▁▁▄▃▅▇██ | Gross Loans ($M) | $45 | $46 | $48 | $47 | $49 | $51 | $52 | $52 |
| ▁▄▄▂▅▁█▄ | Total Deposits ($M) | $83 | $86 | $86 | $84 | $87 | $84 | $90 | $86 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 9% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 4% |