Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.72% | +0.26 | 1.47% |
| Return on Equity (%) | ▼ | 19.11% | -4.49 | 23.60% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.23 | 2.66% |
| Efficiency Ratio (%) | ▲ | 39.79% | -4.75 | 44.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.05% | -0.10 | 1.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $143 | -3.87 | $146 |
| Gross Loans ($M) | ▼ | $44 | -4.54 | $49 |
| Loan Growth YoY (%) | ▼ | 33.96% | -1.80 | 35.77% |
| Total Deposits ($M) | ▼ | $129 | -6.13 | $136 |
| Shareholders Equity ($M) | ▲ | $13 | +2.25 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +2.25 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.35 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 33.96% | -1.80 | 35.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.03% | 0.00 | 0.03% |
| Allowance / Loans (%) | — | 0.33% | -0.01% | 0.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.01 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 29.21% | +6.21 | 23.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇█▃▁▃▄▄▆ | Net Interest Margin (%) | 2.91% | 2.99% | 2.75% | 2.66% | 2.75% | 2.79% | 2.82% | 2.89% |
| ▂▄▁▃▅▆▇█ | Return on Assets (%) | 1.39% | 1.48% | 1.32% | 1.47% | 1.56% | 1.61% | 1.63% | 1.72% |
| ███▆▁▁▁▄ | Efficiency Ratio (%) | 51.5% | 50.2% | 52.1% | 44.5% | 31.4% | 30.5% | 30.4% | 39.8% |
| ▆▁▁▆█▇▃▃ | Cost of Funds (%) | 1.16% | 0.98% | 0.98% | 1.15% | 1.25% | 1.20% | 1.05% | 1.05% |
| ▁▁▁█▇███ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | 0.04% | 0.04% | 0.03% |
| ▁▁▁▇▇██▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.10% | 0.10% | 0.12% | 0.12% | 0.10% |
| ▁▄▃▄▆▇██ | Tang. Book Value ($M) | $9 | $11 | $10 | $11 | $12 | $13 | $13 | $13 |
| █▆▅▅▄▁▁▁ | Gross Loans ($M) | $53 | $50 | $49 | $49 | $48 | $45 | $45 | $44 |
| ▁▁█▃▃▂▂▂ | Total Deposits ($M) | $123 | $124 | $173 | $136 | $138 | $133 | $134 | $129 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 5% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 8% |