Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.10% | +0.39 | 0.70% |
| Return on Equity (%) | ▲ | 15.35% | +4.41 | 10.94% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.46 | 3.13% |
| Efficiency Ratio (%) | ▲ | 69.89% | -9.63 | 79.53% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 1.18% | -0.19 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $146 | +7.82 | $138 |
| Gross Loans ($M) | ▼ | $84 | -0.09 | $84 |
| Loan Growth YoY (%) | ▼ | 61.92% | -3.21 | 65.12% |
| Total Deposits ($M) | ▲ | $135 | +6.52 | $129 |
| Shareholders Equity ($M) | ▲ | $10 | +1.29 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +1.29 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +1.13 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 61.92% | -3.21 | 65.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.63% | -0.01% | 0.63% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.67% | +0.82 | 11.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▇███ | Net Interest Margin (%) | 2.72% | 2.75% | 2.88% | 3.13% | 3.41% | 3.54% | 3.61% | 3.59% |
| ▁▁▁▃▄▇▆█ | Return on Assets (%) | 0.49% | 0.53% | 0.52% | 0.70% | 0.78% | 0.95% | 0.93% | 1.10% |
| █▇█▇▆▃▄▁ | Efficiency Ratio (%) | 80.1% | 79.8% | 81.5% | 79.5% | 78.2% | 74.1% | 75.1% | 69.9% |
| █▆█▃▅▃▄▁ | Cost of Funds (%) | 1.85% | 1.62% | 1.83% | 1.37% | 1.56% | 1.43% | 1.47% | 1.18% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▄▅▆▇█ | Tang. Book Value ($M) | $8 | $9 | $8 | $9 | $9 | $10 | $10 | $10 |
| ▁▃▅▃▇█▆▃ | Gross Loans ($M) | $83 | $84 | $85 | $84 | $86 | $87 | $86 | $84 |
| ▂█▃▅▁▁▄█ | Total Deposits ($M) | $121 | $136 | $122 | $129 | $116 | $116 | $125 | $135 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 9% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |