Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.35% | +0.08 | 2.28% |
| Return on Equity (%) | ▼ | 20.18% | -2.58 | 22.76% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.07 | 3.42% |
| Efficiency Ratio (%) | ▲ | 35.62% | -0.51 | 36.13% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▼ | 1.11% | +0.06 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $221 | +5.38 | $216 |
| Gross Loans ($M) | ▲ | $81 | +10.08 | $71 |
| Loan Growth YoY (%) | ▲ | 42.64% | +4.16 | 38.47% |
| Total Deposits ($M) | ▲ | $189 | +5.67 | $183 |
| Shareholders Equity ($M) | ▲ | $26 | +3.14 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +3.14 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.05 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 42.64% | +4.16 | 38.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.92% | -0.09% | 1.02% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▆▇▇█ | Net Interest Margin (%) | 3.05% | 3.06% | 3.11% | 3.42% | 3.34% | 3.40% | 3.42% | 3.50% |
| ▄▄▁▇▆▇▃█ | Return on Assets (%) | 2.00% | 2.01% | 1.74% | 2.28% | 2.19% | 2.25% | 1.94% | 2.35% |
| ▂▂█▁▂▁▇▁ | Efficiency Ratio (%) | 38.2% | 38.4% | 47.5% | 36.1% | 37.4% | 36.9% | 44.9% | 35.6% |
| █▆▁▂▅▆█▅ | Cost of Funds (%) | 1.16% | 1.12% | 1.02% | 1.05% | 1.10% | 1.12% | 1.15% | 1.11% |
| ▁▁▇▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.13% | 0.00% | 0.00% | 0.15% | 0.00% | 0.00% |
| ▁▁█▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.39% | 0.00% | 0.00% | 0.43% | 0.00% | 0.00% |
| ▂▆▁▄▆█▇█ | Tang. Book Value ($M) | $21 | $25 | $20 | $23 | $25 | $27 | $25 | $26 |
| ▁▁▃▂▄▆██ | Gross Loans ($M) | $68 | $69 | $72 | $71 | $74 | $76 | $80 | $81 |
| ▁▁█▅▆▄▇█ | Total Deposits ($M) | $176 | $176 | $191 | $183 | $187 | $183 | $188 | $189 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 7% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |