Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.43 | 0.54% |
| Return on Equity (%) | ▲ | 13.00% | +5.57 | 7.43% |
| Net Interest Margin (%) | ▲ | 2.51% | +0.14 | 2.37% |
| Efficiency Ratio (%) | ▼ | 92.02% | +15.03 | 76.98% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.12 | $0 |
| Cost of Funds (%) | ▼ | 2.89% | +0.09 | 2.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $158 | +4.70 | $153 |
| Gross Loans ($M) | ▲ | $83 | +8.20 | $75 |
| Loan Growth YoY (%) | ▲ | 62.16% | +2.09 | 60.07% |
| Total Deposits ($M) | ▲ | $132 | +9.07 | $123 |
| Shareholders Equity ($M) | ▲ | $12 | +0.88 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +0.88 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +0.82 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 62.16% | +2.09 | 60.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.65% | -0.09% | 0.75% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▁▁▃▃▄▅█ | Net Interest Margin (%) | 2.40% | 2.31% | 2.29% | 2.37% | 2.36% | 2.40% | 2.41% | 2.51% |
| ▂▁▁▃▂█▇█ | Return on Assets (%) | 0.39% | 0.35% | 0.30% | 0.54% | 0.46% | 0.92% | 0.85% | 0.97% |
| ▆▆▇▄▅▁▁█ | Efficiency Ratio (%) | 83.4% | 84.8% | 87.0% | 77.0% | 80.1% | 69.9% | 67.4% | 92.0% |
| ▁█▇▂▂▂▃▅ | Cost of Funds (%) | 2.73% | 3.05% | 3.01% | 2.80% | 2.78% | 2.78% | 2.84% | 2.89% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▇▆▅▅▁▆█▇ | Tang. Book Value ($M) | $12 | $11 | $11 | $11 | $9 | $11 | $12 | $12 |
| ▁▃▄▄▃▆▇█ | Gross Loans ($M) | $69 | $73 | $75 | $75 | $74 | $79 | $80 | $83 |
| ▁▅▆▆▆███ | Total Deposits ($M) | $101 | $120 | $123 | $123 | $124 | $133 | $133 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 25% |
| Agricultural | 12% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 44% |