Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.01 | 0.93% |
| Return on Equity (%) | ▼ | 10.22% | -0.45 | 10.67% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.21 | 4.25% |
| Efficiency Ratio (%) | ▼ | 72.47% | +5.22 | 67.25% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.22% | -0.19 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $226 | +15.74 | $211 |
| Gross Loans ($M) | ▲ | $179 | +10.26 | $169 |
| Loan Growth YoY (%) | ▼ | 88.77% | -0.40 | 89.17% |
| Total Deposits ($M) | ▲ | $200 | +12.28 | $187 |
| Shareholders Equity ($M) | ▲ | $21 | +2.24 | $18 |
| Tang. Book Value ($M) | ▲ | $21 | +2.24 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +2.06 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 88.77% | -0.40 | 89.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.75% | +0.86 | 0.89% |
| Allowance / Loans (%) | — | 0.93% | 0.01% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 2.21% | +1.10 | 1.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇██ | Net Interest Margin (%) | 3.98% | 4.02% | 4.11% | 4.25% | 4.32% | 4.36% | 4.41% | 4.46% |
| ▅▆█▁▄▆▇▁ | Return on Assets (%) | 1.07% | 1.11% | 1.17% | 0.93% | 1.02% | 1.08% | 1.12% | 0.93% |
| ▂▂▁▄▃▂▃█ | Efficiency Ratio (%) | 64.3% | 64.1% | 62.7% | 67.2% | 65.5% | 64.9% | 65.4% | 72.5% |
| ██▇▅▅▅▃▁ | Cost of Funds (%) | 1.56% | 1.60% | 1.53% | 1.42% | 1.43% | 1.42% | 1.32% | 1.22% |
| ▁▂▁▃▆███ | NPA / Assets (%) | 0.38% | 0.67% | 0.50% | 0.89% | 1.32% | 1.63% | 1.72% | 1.75% |
| ▁▂▁▃▅███ | Net Charge-Off Ratio (%) | 0.50% | 0.87% | 0.63% | 1.11% | 1.51% | 2.03% | 2.12% | 2.21% |
| ▁▃▂▄▅▇▇█ | Tang. Book Value ($M) | $17 | $18 | $18 | $18 | $19 | $20 | $20 | $21 |
| ▁▂▄▅▆▆██ | Gross Loans ($M) | $153 | $158 | $163 | $169 | $170 | $171 | $178 | $179 |
| ▃▂▁▃▄▄▆█ | Total Deposits ($M) | $187 | $185 | $182 | $187 | $189 | $190 | $194 | $200 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Agricultural | 1% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 10% |