Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.66% | -0.07 | 1.72% |
| Return on Equity (%) | ▼ | 15.22% | -3.67 | 18.89% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.00 | 3.65% |
| Efficiency Ratio (%) | ▼ | 54.89% | +1.92 | 52.97% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▼ | 1.20% | +0.14 | 1.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $211 | +4.73 | $207 |
| Gross Loans ($M) | ▼ | $92 | -2.33 | $94 |
| Loan Growth YoY (%) | ▼ | 61.24% | -0.28 | 61.52% |
| Total Deposits ($M) | ▼ | $148 | -3.09 | $151 |
| Shareholders Equity ($M) | ▲ | $23 | +2.98 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +2.98 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +2.59 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 61.24% | -0.28 | 61.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.51% | 0.02% | 1.49% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅███▅ | Net Interest Margin (%) | 3.41% | 3.48% | 3.53% | 3.65% | 3.81% | 3.80% | 3.78% | 3.65% |
| ▃▄▅▇██▁▅ | Return on Assets (%) | 1.57% | 1.62% | 1.64% | 1.72% | 1.80% | 1.79% | 1.48% | 1.66% |
| ▇▅▅▁▁▁▆█ | Efficiency Ratio (%) | 54.4% | 53.9% | 54.1% | 53.0% | 53.0% | 53.0% | 54.2% | 54.9% |
| ▁▁▂▁▇▇█▅ | Cost of Funds (%) | 1.05% | 1.03% | 1.10% | 1.06% | 1.27% | 1.27% | 1.33% | 1.20% |
| ▁█▁▁▁▁▁▃ | NPA / Assets (%) | 0.01% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.02% |
| ▂█▁▁▁▁▁▃ | Net Charge-Off Ratio (%) | 0.02% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.04% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $17 | $20 | $18 | $20 | $19 | $22 | $22 | $23 |
| ▂█▃▅▃▆▆▁ | Gross Loans ($M) | $93 | $96 | $93 | $94 | $93 | $95 | $95 | $92 |
| ████▄▁▃▇ | Total Deposits ($M) | $150 | $151 | $152 | $151 | $143 | $135 | $140 | $148 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 6% |
| Agricultural | 16% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 4% |