Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.07 | 1.72% |
| Return on Equity (%) | ▼ | 13.10% | -1.99 | 15.09% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.19 | 3.79% |
| Efficiency Ratio (%) | ▼ | 53.19% | +0.20 | 52.99% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.46% | -0.08 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $234 | -1.84 | $235 |
| Gross Loans ($M) | ▲ | $129 | +13.94 | $115 |
| Loan Growth YoY (%) | ▲ | 72.85% | +13.17 | 59.69% |
| Total Deposits ($M) | ▼ | $174 | -15.24 | $189 |
| Shareholders Equity ($M) | ▲ | $33 | +3.79 | $29 |
| Tang. Book Value ($M) | ▲ | $33 | +3.79 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.79 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 72.85% | +13.17 | 59.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.58% | -0.11% | 1.69% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅▃▅▁▅▄█ | Net Interest Margin (%) | 3.61% | 3.80% | 3.71% | 3.79% | 3.59% | 3.80% | 3.78% | 3.98% |
| ██▆▁▁▅▄▂ | Return on Assets (%) | 2.04% | 2.07% | 1.95% | 1.72% | 1.74% | 1.89% | 1.88% | 1.78% |
| ▄▂▂█▆▁▁█ | Efficiency Ratio (%) | 49.9% | 48.9% | 48.4% | 53.0% | 51.3% | 47.7% | 47.9% | 53.2% |
| ▅█▁▃▁▄▂▂ | Cost of Funds (%) | 1.82% | 2.22% | 1.29% | 1.54% | 1.23% | 1.69% | 1.45% | 1.46% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $26 | $28 | $28 | $29 | $30 | $31 | $32 | $33 |
| ▁▁▃▂▁▆██ | Gross Loans ($M) | $112 | $112 | $118 | $115 | $113 | $123 | $129 | $129 |
| ▁▁█▅█▁▄▃ | Total Deposits ($M) | $164 | $159 | $220 | $189 | $213 | $157 | $185 | $174 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 21% |
| Agricultural | 2% |
| Other | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 3% |