Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.43% | +0.02 | 1.41% |
| Return on Equity (%) | ▲ | 13.58% | +0.09 | 13.49% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.19 | 4.26% |
| Efficiency Ratio (%) | ▲ | 54.64% | -3.41 | 58.05% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.60 | $2 |
| Cost of Funds (%) | ▲ | 1.87% | -0.25 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $534 | +54.71 | $480 |
| Gross Loans ($M) | ▲ | $369 | +24.12 | $345 |
| Loan Growth YoY (%) | ▼ | 84.60% | -0.68 | 85.28% |
| Total Deposits ($M) | ▲ | $432 | +31.39 | $400 |
| Shareholders Equity ($M) | ▲ | $55 | +5.14 | $50 |
| Tang. Book Value ($M) | ▲ | $55 | +5.14 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +4.68 | $54 |
| Loan / Deposit Ratio (%) | ▼ | 84.60% | -0.68 | 85.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.01% | 0.00% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▇██ | Net Interest Margin (%) | 3.75% | 3.79% | 3.86% | 4.26% | 4.21% | 4.36% | 4.43% | 4.46% |
| ▁▁▂██▇██ | Return on Assets (%) | 0.93% | 0.94% | 1.00% | 1.41% | 1.41% | 1.31% | 1.43% | 1.43% |
| ▇██▃▂▃▂▁ | Efficiency Ratio (%) | 64.4% | 66.3% | 65.7% | 58.0% | 56.8% | 58.9% | 57.1% | 54.6% |
| ▅█▆▃▂▄▁▁ | Cost of Funds (%) | 2.28% | 2.54% | 2.30% | 2.12% | 1.99% | 2.14% | 1.92% | 1.87% |
| ▂▁█▁▁▁▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▅▄▅▇█ | Tang. Book Value ($M) | $45 | $47 | $48 | $50 | $49 | $51 | $53 | $55 |
| ▂▁▁▂▄█▇█ | Gross Loans ($M) | $347 | $343 | $339 | $345 | $353 | $372 | $366 | $369 |
| ▄▁▁▄▆▁▄█ | Total Deposits ($M) | $398 | $371 | $375 | $400 | $413 | $377 | $395 | $432 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 16% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 12% |