Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.49% | +0.11 | 1.37% |
| Return on Equity (%) | ▲ | 12.06% | +1.23 | 10.83% |
| Net Interest Margin (%) | ▼ | 3.98% | -0.03 | 4.00% |
| Efficiency Ratio (%) | ▲ | 63.00% | -3.43 | 66.42% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.18% | -0.12 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $149 | +15.70 | $133 |
| Gross Loans ($M) | ▲ | $87 | +1.04 | $86 |
| Loan Growth YoY (%) | ▼ | 65.67% | -7.64 | 73.31% |
| Total Deposits ($M) | ▲ | $131 | +15.03 | $116 |
| Shareholders Equity ($M) | ▲ | $18 | +0.66 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +0.66 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 65.67% | -7.64 | 73.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.10 | 0.18% |
| Allowance / Loans (%) | — | 1.15% | -0.00% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.19 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇█▄ | Net Interest Margin (%) | 3.92% | 3.92% | 3.96% | 4.00% | 4.02% | 4.04% | 4.07% | 3.98% |
| ▄▅▇▁▄▁▃█ | Return on Assets (%) | 1.41% | 1.42% | 1.46% | 1.37% | 1.41% | 1.36% | 1.39% | 1.49% |
| ▁▁▁█▇▆▁▁ | Efficiency Ratio (%) | 63.1% | 63.1% | 62.9% | 66.4% | 65.7% | 65.2% | 63.3% | 63.0% |
| ▇██▄▄▄▃▁ | Cost of Funds (%) | 1.38% | 1.45% | 1.42% | 1.30% | 1.30% | 1.30% | 1.25% | 1.18% |
| ▁▄▄▄███▆ | NPA / Assets (%) | 0.05% | 0.18% | 0.19% | 0.18% | 0.34% | 0.37% | 0.36% | 0.27% |
| ▁▄▄▄███▆ | Net Charge-Off Ratio (%) | 0.07% | 0.29% | 0.29% | 0.28% | 0.55% | 0.60% | 0.57% | 0.47% |
| ▁▃▂▅▅▇██ | Tang. Book Value ($M) | $16 | $17 | $17 | $17 | $17 | $18 | $18 | $18 |
| █▆▄▃▁▁▆▅ | Gross Loans ($M) | $90 | $88 | $86 | $86 | $84 | $84 | $88 | $87 |
| ▄▄▁▁▁▂▄█ | Total Deposits ($M) | $122 | $122 | $117 | $116 | $116 | $119 | $122 | $131 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 18% |