Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.21 | 0.71% |
| Return on Equity (%) | ▲ | 7.27% | +1.38 | 5.89% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.26 | 3.20% |
| Efficiency Ratio (%) | ▲ | 61.98% | -8.07 | 70.05% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.51% | -0.27 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $143 | +4.71 | $138 |
| Gross Loans ($M) | ▼ | $69 | -1.15 | $70 |
| Loan Growth YoY (%) | ▼ | 54.95% | -2.38 | 57.34% |
| Total Deposits ($M) | ▲ | $124 | +3.44 | $121 |
| Shareholders Equity ($M) | ▲ | $18 | +1.01 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.01 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.01 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 54.95% | -2.38 | 57.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.17 | 0.00% |
| Allowance / Loans (%) | — | 1.16% | -0.21% | 1.37% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.36 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▂▆███ | Net Interest Margin (%) | 3.21% | 3.14% | 3.13% | 3.20% | 3.35% | 3.42% | 3.46% | 3.46% |
| ▃▁▂▃▆▅▇█ | Return on Assets (%) | 0.71% | 0.62% | 0.66% | 0.71% | 0.81% | 0.78% | 0.88% | 0.92% |
| ▇██▆▄▄▂▁ | Efficiency Ratio (%) | 71.2% | 73.7% | 72.7% | 70.0% | 67.7% | 66.7% | 64.5% | 62.0% |
| ██▅▅█▄▂▁ | Cost of Funds (%) | 1.91% | 1.97% | 1.77% | 1.79% | 1.93% | 1.73% | 1.57% | 1.51% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.18% | 0.18% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.32% | 0.36% |
| ▁▄▁▄▆███ | Tang. Book Value ($M) | $16 | $17 | $16 | $17 | $17 | $18 | $18 | $18 |
| ▅██▁▄▇▇▁ | Gross Loans ($M) | $76 | $80 | $81 | $70 | $74 | $79 | $79 | $69 |
| ▁▂▇▇▃▁▆█ | Total Deposits ($M) | $108 | $112 | $121 | $121 | $113 | $109 | $120 | $124 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 13% |
| Agricultural | 30% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 42% |
| Brokered / Other | 30% |