Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.79% | +0.15 | 1.64% |
| Return on Equity (%) | ▲ | 18.08% | +1.52 | 16.56% |
| Net Interest Margin (%) | ▲ | 4.95% | +0.02 | 4.93% |
| Efficiency Ratio (%) | ▲ | 39.76% | -9.29 | 49.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.56 | $1 |
| Cost of Funds (%) | ▲ | 2.26% | -0.06 | 2.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $179 | +59.83 | $119 |
| Gross Loans ($M) | ▲ | $144 | +46.37 | $98 |
| Loan Growth YoY (%) | ▲ | 94.12% | +3.03 | 91.08% |
| Total Deposits ($M) | ▲ | $151 | +45.04 | $106 |
| Shareholders Equity ($M) | ▲ | $18 | +6.38 | $11 |
| Tang. Book Value ($M) | ▲ | $18 | +6.38 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 94.12% | +3.03 | 91.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.28 | 0.01% |
| Allowance / Loans (%) | — | 1.42% | 0.10% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.31% | +0.31 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆█▁▄█▇▁ | Net Interest Margin (%) | 5.32% | 5.27% | 5.40% | 4.93% | 5.12% | 5.37% | 5.28% | 4.95% |
| ▆▅▆▁▂█▆▃ | Return on Assets (%) | 1.90% | 1.85% | 1.90% | 1.64% | 1.70% | 2.04% | 1.94% | 1.79% |
| ██████▇▁ | Efficiency Ratio (%) | 48.9% | 49.2% | 48.7% | 49.0% | 48.9% | 48.4% | 47.6% | 39.8% |
| ███▂▃▇▁▁ | Cost of Funds (%) | 2.62% | 2.62% | 2.65% | 2.32% | 2.38% | 2.56% | 2.28% | 2.26% |
| ▄▁▃▁▁▃▂█ | NPA / Assets (%) | 0.12% | 0.01% | 0.08% | 0.01% | 0.00% | 0.08% | 0.05% | 0.29% |
| ▄▁▃▁▁▃▂█ | Net Charge-Off Ratio (%) | 0.14% | 0.01% | 0.10% | 0.01% | 0.00% | 0.09% | 0.06% | 0.31% |
| ▁▂▂▂▄▅▇█ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $13 | $14 | $16 | $18 |
| ▁▁▂▃▄▅▇█ | Gross Loans ($M) | $74 | $77 | $83 | $98 | $101 | $112 | $130 | $144 |
| ▁▁▂▃▄▅██ | Total Deposits ($M) | $80 | $85 | $93 | $106 | $110 | $121 | $145 | $151 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 27% |
| Agricultural | 4% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 11% |