Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.56% | +0.06 | 0.49% |
| Return on Equity (%) | ▼ | 6.77% | -0.07 | 6.84% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.22 | 3.13% |
| Efficiency Ratio (%) | ▲ | 76.99% | -3.15 | 80.14% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.69% | -0.14 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $227 | +11.43 | $215 |
| Gross Loans ($M) | ▲ | $137 | +5.90 | $131 |
| Loan Growth YoY (%) | ▼ | 66.61% | -0.03 | 66.64% |
| Total Deposits ($M) | ▲ | $204 | +8.77 | $195 |
| Shareholders Equity ($M) | ▲ | $18 | +2.43 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +2.43 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +2.66 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 66.61% | -0.03 | 66.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.36 | 0.36% |
| Allowance / Loans (%) | — | 0.96% | 0.05% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.60 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▇██ | Net Interest Margin (%) | 2.96% | 2.94% | 2.96% | 3.13% | 3.24% | 3.29% | 3.38% | 3.35% |
| ▁▁▂▄▆▆█▆ | Return on Assets (%) | 0.32% | 0.32% | 0.38% | 0.49% | 0.56% | 0.60% | 0.70% | 0.56% |
| ██▇▃▁▁▁▁ | Efficiency Ratio (%) | 87.1% | 86.7% | 84.6% | 80.1% | 77.2% | 76.0% | 77.4% | 77.0% |
| ▃▆█▃▃▃▂▁ | Cost of Funds (%) | 1.81% | 2.02% | 2.15% | 1.83% | 1.82% | 1.82% | 1.77% | 1.69% |
| ▁▁▁███▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.36% | 0.36% | 0.36% | 0.00% | 0.00% |
| ▁▁▁███▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.60% | 0.58% | 0.56% | 0.00% | 0.00% |
| ▁▃▁▄▄▇██ | Tang. Book Value ($M) | $14 | $15 | $14 | $16 | $16 | $17 | $18 | $18 |
| ▁▄▇▆▇███ | Gross Loans ($M) | $119 | $127 | $134 | $131 | $133 | $137 | $137 | $137 |
| ▁▄▅▆▅▆▆█ | Total Deposits ($M) | $173 | $187 | $192 | $195 | $192 | $195 | $195 | $204 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 6% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 11% |