Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.45% | +0.35 | 1.10% |
| Return on Equity (%) | ▲ | 9.33% | +1.13 | 8.20% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.33 | 3.32% |
| Efficiency Ratio (%) | ▲ | 64.10% | -3.69 | 67.79% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $0 |
| Cost of Funds (%) | ▲ | 0.75% | -0.08 | 0.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $114 | +2.12 | $111 |
| Gross Loans ($M) | ▲ | $48 | +3.27 | $45 |
| Loan Growth YoY (%) | ▲ | 49.77% | +3.55 | 46.22% |
| Total Deposits ($M) | ▼ | $96 | -0.21 | $96 |
| Shareholders Equity ($M) | ▲ | $17 | +2.31 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.31 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.30 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 49.77% | +3.55 | 46.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.32% | -0.19% | 1.50% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▇▇█ | Net Interest Margin (%) | 3.04% | 3.03% | 3.05% | 3.32% | 3.42% | 3.51% | 3.52% | 3.65% |
| ▁▁▁▃▄▄▅█ | Return on Assets (%) | 0.96% | 0.95% | 0.99% | 1.10% | 1.14% | 1.20% | 1.24% | 1.45% |
| ██▇▄▄▃▂▁ | Efficiency Ratio (%) | 72.1% | 71.6% | 70.5% | 67.8% | 67.6% | 67.0% | 65.3% | 64.1% |
| ▆█▇▃▁▃▂▁ | Cost of Funds (%) | 0.94% | 1.04% | 0.97% | 0.84% | 0.79% | 0.83% | 0.81% | 0.75% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▃▃▆▇██ | Tang. Book Value ($M) | $14 | $16 | $15 | $15 | $16 | $17 | $17 | $17 |
| ▁▂▁▂▅▇▅█ | Gross Loans ($M) | $44 | $45 | $44 | $45 | $46 | $48 | $47 | $48 |
| ▄▁▇█▃▁▃█ | Total Deposits ($M) | $93 | $91 | $95 | $96 | $92 | $90 | $92 | $96 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 9% |
| Agricultural | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 2% |