Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.87% | +0.11 | 1.76% |
| Return on Equity (%) | ▼ | 20.41% | -4.04 | 24.45% |
| Net Interest Margin (%) | ▲ | 3.01% | +0.04 | 2.97% |
| Efficiency Ratio (%) | ▲ | 33.28% | -6.36 | 39.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.08 | 1.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $164 | +18.26 | $145 |
| Gross Loans ($M) | ▲ | $58 | +8.95 | $49 |
| Loan Growth YoY (%) | ▲ | 38.50% | +1.95 | 36.55% |
| Total Deposits ($M) | ▲ | $148 | +15.98 | $132 |
| Shareholders Equity ($M) | ▲ | $15 | +4.28 | $10 |
| Tang. Book Value ($M) | ▲ | $15 | +4.28 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +4.75 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 38.50% | +1.95 | 36.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.07 | 0.00% |
| Allowance / Loans (%) | — | 1.89% | 0.12% | 1.77% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.20 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅███▆ | Net Interest Margin (%) | 2.80% | 2.82% | 2.87% | 2.97% | 3.05% | 3.06% | 3.08% | 3.01% |
| ▁▁▃▆▇▅▅█ | Return on Assets (%) | 1.56% | 1.56% | 1.65% | 1.76% | 1.80% | 1.74% | 1.72% | 1.87% |
| ██▇▆▅▆▅▁ | Efficiency Ratio (%) | 42.7% | 42.2% | 40.7% | 39.6% | 39.1% | 39.2% | 38.6% | 33.3% |
| ██▆▃▄▃▂▁ | Cost of Funds (%) | 1.97% | 1.97% | 1.86% | 1.75% | 1.82% | 1.77% | 1.74% | 1.67% |
| ▁▁▁▁█▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% | 0.01% | 0.07% |
| ▁▁▁▁█▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.00% | 0.02% | 0.20% |
| ▁▄▂▃▄▆██ | Tang. Book Value ($M) | $9 | $11 | $10 | $10 | $11 | $13 | $15 | $15 |
| ▂▂▁▁▅▇██ | Gross Loans ($M) | $51 | $50 | $48 | $49 | $54 | $58 | $59 | $58 |
| ▁▁▃▄▃▅▇█ | Total Deposits ($M) | $119 | $121 | $127 | $132 | $127 | $136 | $142 | $148 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 6% |
| Agricultural | 35% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 18% |