Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.63% | -0.14 | 1.77% |
| Return on Equity (%) | ▼ | 17.27% | -5.31 | 22.58% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.27 | 3.72% |
| Efficiency Ratio (%) | ▲ | 48.72% | -3.83 | 52.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.39% | -0.14 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $132 | +27.11 | $105 |
| Gross Loans ($M) | ▲ | $85 | +17.25 | $67 |
| Loan Growth YoY (%) | ▲ | 70.23% | +0.29 | 69.94% |
| Total Deposits ($M) | ▲ | $119 | +24.00 | $95 |
| Shareholders Equity ($M) | ▲ | $12 | +3.70 | $9 |
| Tang. Book Value ($M) | ▲ | $12 | +3.09 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +3.40 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 70.23% | +0.29 | 69.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.11 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | -0.09% | 1.14% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.49% | +0.14 | 14.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▆▇▇█ | Net Interest Margin (%) | 3.28% | 3.26% | 3.31% | 3.72% | 3.77% | 3.85% | 3.88% | 3.99% |
| ▁▁▁█▇█▆▆ | Return on Assets (%) | 1.41% | 1.37% | 1.38% | 1.77% | 1.71% | 1.77% | 1.66% | 1.63% |
| ▆██▆▄▂▇▁ | Efficiency Ratio (%) | 52.2% | 53.8% | 54.2% | 52.5% | 51.0% | 50.0% | 53.3% | 48.7% |
| ▅█▆▃▁▂▂▁ | Cost of Funds (%) | 1.66% | 1.82% | 1.69% | 1.53% | 1.44% | 1.45% | 1.46% | 1.39% |
| ▁▁▁▁▁█▃▃ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.12% | 0.11% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 0.00% | 0.00% |
| ▁▂▂▃▄▅██ | Tang. Book Value ($M) | $7 | $8 | $8 | $9 | $9 | $10 | $12 | $12 |
| ▁▁▃▁▂▃██ | Gross Loans ($M) | $68 | $69 | $73 | $67 | $71 | $74 | $84 | $85 |
| ▁▁▁▂▂▃▆█ | Total Deposits ($M) | $90 | $88 | $91 | $95 | $94 | $96 | $111 | $119 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 7% |
| Agricultural | 33% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 9% |