Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.37% | +0.04 | 2.33% |
| Return on Equity (%) | ▼ | 20.91% | -1.33 | 22.24% |
| Net Interest Margin (%) | ▲ | 3.81% | +0.04 | 3.78% |
| Efficiency Ratio (%) | ▲ | 43.24% | -0.19 | 43.43% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.25 | $2 |
| Cost of Funds (%) | ▲ | 1.55% | -0.18 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $386 | +40.59 | $345 |
| Gross Loans ($M) | ▲ | $240 | +33.46 | $207 |
| Loan Growth YoY (%) | ▲ | 69.89% | +3.16 | 66.73% |
| Total Deposits ($M) | ▲ | $342 | +33.93 | $308 |
| Shareholders Equity ($M) | ▲ | $42 | +6.45 | $36 |
| Tang. Book Value ($M) | ▲ | $42 | +6.45 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +5.74 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 69.89% | +3.16 | 66.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.46% | -0.07% | 0.53% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃█████ | Net Interest Margin (%) | 3.36% | 3.45% | 3.53% | 3.78% | 3.82% | 3.83% | 3.82% | 3.81% |
| ▁▂▂█████ | Return on Assets (%) | 1.87% | 1.95% | 2.00% | 2.33% | 2.34% | 2.38% | 2.38% | 2.37% |
| ██▆▁▁▁▁▁ | Efficiency Ratio (%) | 49.8% | 49.0% | 48.0% | 43.4% | 43.6% | 43.4% | 43.0% | 43.2% |
| ███▆▅▅▂▁ | Cost of Funds (%) | 1.79% | 1.78% | 1.81% | 1.73% | 1.71% | 1.70% | 1.60% | 1.55% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $30 | $34 | $35 | $35 | $37 | $40 | $42 | $42 |
| ▁▃▅▅▂▆▆█ | Gross Loans ($M) | $172 | $191 | $208 | $207 | $186 | $219 | $219 | $240 |
| ▃▁▂▄▄▄▆█ | Total Deposits ($M) | $302 | $287 | $300 | $308 | $309 | $309 | $325 | $342 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 10% |
| Agricultural | 30% |
| Consumer | 1% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 12% |