Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.59% | +0.38 | 1.21% |
| Return on Equity (%) | ▼ | 12.33% | -0.20 | 12.53% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.84 | 3.25% |
| Efficiency Ratio (%) | ▲ | 61.37% | -0.96 | 62.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 1.46% | -0.44 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $219 | +26.22 | $193 |
| Gross Loans ($M) | ▲ | $139 | +26.45 | $113 |
| Loan Growth YoY (%) | ▲ | 74.31% | +5.16 | 69.16% |
| Total Deposits ($M) | ▲ | $185 | +23.67 | $161 |
| Shareholders Equity ($M) | ▲ | $29 | +10.40 | $19 |
| Tang. Book Value ($M) | ▲ | $28 | +9.83 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +9.86 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 74.31% | +5.16 | 69.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.24% | 0.20% | 1.04% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▅█ | Net Interest Margin (%) | 2.90% | 2.92% | 2.97% | 3.25% | 3.45% | 3.49% | 3.56% | 4.09% |
| ▁▁▁▄▄▄▄█ | Return on Assets (%) | 0.87% | 0.87% | 0.89% | 1.21% | 1.16% | 1.18% | 1.23% | 1.59% |
| ▇██▁▄▄▄▁ | Efficiency Ratio (%) | 69.9% | 71.7% | 70.8% | 62.3% | 66.1% | 66.3% | 65.6% | 61.4% |
| ██▆▄▆▃▁▁ | Cost of Funds (%) | 2.40% | 2.40% | 2.05% | 1.90% | 2.16% | 1.69% | 1.51% | 1.46% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▁▂▇███ | Tang. Book Value ($M) | $16 | $18 | $17 | $18 | $26 | $27 | $27 | $28 |
| ▁▁▄▄▆███ | Gross Loans ($M) | $98 | $95 | $112 | $113 | $128 | $140 | $135 | $139 |
| ▁▁▃▅▇▆█▇ | Total Deposits ($M) | $129 | $128 | $148 | $161 | $180 | $176 | $194 | $185 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 30% |
| C&I / Commercial | 11% |
| Agricultural | 56% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 17% |