Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.08 | 1.16% |
| Return on Equity (%) | ▼ | 11.82% | -0.55 | 12.37% |
| Net Interest Margin (%) | ▲ | 4.89% | +0.24 | 4.65% |
| Efficiency Ratio (%) | ▲ | 64.36% | -1.69 | 66.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 0.95% | -0.02 | 0.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $150 | -1.63 | $152 |
| Gross Loans ($M) | ▲ | $129 | +8.91 | $121 |
| Loan Growth YoY (%) | ▲ | 95.67% | +8.66 | 87.01% |
| Total Deposits ($M) | ▼ | $133 | -3.28 | $137 |
| Shareholders Equity ($M) | ▲ | $16 | +1.73 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.73 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 95.67% | +8.66 | 87.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.44 | 0.00% |
| Allowance / Loans (%) | — | 1.45% | 0.07% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.51 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▂▅▇██ | Net Interest Margin (%) | 4.59% | 4.65% | 4.64% | 4.65% | 4.77% | 4.83% | 4.89% | 4.89% |
| ▁▃▂▂▆██▆ | Return on Assets (%) | 1.11% | 1.17% | 1.14% | 1.16% | 1.24% | 1.28% | 1.28% | 1.24% |
| █▆█▆▃▁▁▃ | Efficiency Ratio (%) | 67.7% | 66.2% | 67.3% | 66.0% | 64.1% | 62.9% | 62.4% | 64.4% |
| ▃█▇▂▆▅▁▁ | Cost of Funds (%) | 0.99% | 1.06% | 1.04% | 0.97% | 1.03% | 1.01% | 0.95% | 0.95% |
| ▂▆▄▁▂▆█▄ | NPA / Assets (%) | 0.17% | 0.56% | 0.43% | 0.00% | 0.21% | 0.66% | 0.88% | 0.44% |
| ▂▆▅▁▂▆█▄ | Net Charge-Off Ratio (%) | 0.22% | 0.69% | 0.55% | 0.00% | 0.24% | 0.76% | 1.05% | 0.51% |
| ▁▂▂▄▅▆██ | Tang. Book Value ($M) | $13 | $14 | $14 | $14 | $15 | $15 | $16 | $16 |
| ▁▁▁▃██▇█ | Gross Loans ($M) | $117 | $118 | $118 | $121 | $129 | $130 | $128 | $129 |
| ▂▁▅█▄▅█▄ | Total Deposits ($M) | $132 | $131 | $135 | $137 | $134 | $134 | $137 | $133 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 9% |
| Agricultural | 16% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 6% |