Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.16 | 0.86% |
| Return on Equity (%) | ▲ | 8.29% | +1.90 | 6.39% |
| Net Interest Margin (%) | ▼ | 4.83% | -0.13 | 4.96% |
| Efficiency Ratio (%) | ▼ | 61.41% | +0.91 | 60.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.73% | -0.23 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $245 | -2.48 | $247 |
| Gross Loans ($M) | ▼ | $148 | -1.52 | $150 |
| Loan Growth YoY (%) | ▼ | 70.21% | -1.85 | 72.05% |
| Total Deposits ($M) | ▲ | $210 | +3.29 | $207 |
| Shareholders Equity ($M) | ▼ | $30 | -2.98 | $33 |
| Tang. Book Value ($M) | ▼ | $19 | -1.27 | $20 |
| TBV excl. AOCI ($M)** | ▼ | $21 | -0.92 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 70.21% | -1.85 | 72.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.14% | +0.14 | 0.00% |
| Allowance / Loans (%) | — | 0.54% | -0.00% | 0.55% |
| Net Charge-Off Ratio (%) | ▼ | 0.22% | +0.22 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.45% | -1.05 | 13.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▂▂▂▁ | Net Interest Margin (%) | 6.29% | 6.12% | 5.94% | 4.96% | 5.11% | 5.14% | 5.14% | 4.83% |
| ███▁▂▅▅▂ | Return on Assets (%) | 1.55% | 1.55% | 1.52% | 0.86% | 1.01% | 1.22% | 1.28% | 1.03% |
| ▁▁▁█▅▅▄█ | Efficiency Ratio (%) | 42.3% | 43.1% | 44.0% | 60.5% | 53.3% | 52.1% | 51.7% | 61.4% |
| ▃▆█▅▅▂▃▁ | Cost of Funds (%) | 1.84% | 1.98% | 2.13% | 1.96% | 1.97% | 1.83% | 1.84% | 1.73% |
| ▂▁▁▁▄▄▄█ | NPA / Assets (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.06% | 0.06% | 0.06% | 0.14% |
| ▂▁▁▁▄▄▄█ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.00% | 0.00% | 0.09% | 0.09% | 0.10% | 0.22% |
| ▁▇▇██▅▄▂ | Tang. Book Value ($M) | $19 | $20 | $20 | $20 | $20 | $20 | $19 | $19 |
| ▃▃▆▂██▄▁ | Gross Loans ($M) | $151 | $150 | $154 | $150 | $156 | $156 | $152 | $148 |
| ▁▁▄▇▆█▇█ | Total Deposits ($M) | $187 | $188 | $197 | $207 | $204 | $210 | $206 | $210 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |