Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.26% | -0.05 | 1.32% |
| Return on Equity (%) | ▼ | 17.84% | -1.37 | 19.21% |
| Net Interest Margin (%) | ▲ | 4.79% | +0.14 | 4.65% |
| Efficiency Ratio (%) | ▼ | 71.62% | +0.94 | 70.67% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.46% | -0.23 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +15.44 | $108 |
| Gross Loans ($M) | ▲ | $96 | +6.04 | $90 |
| Loan Growth YoY (%) | ▼ | 83.09% | -5.77 | 88.85% |
| Total Deposits ($M) | ▲ | $114 | +14.08 | $100 |
| Shareholders Equity ($M) | ▲ | $9 | +1.21 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.21 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 83.09% | -5.77 | 88.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.00% | 0.04% | 0.96% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.00% | +0.19 | 10.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇███ | Net Interest Margin (%) | 4.32% | 4.38% | 4.42% | 4.65% | 4.75% | 4.84% | 4.85% | 4.79% |
| ▂▁▁▇▇█▆▆ | Return on Assets (%) | 1.03% | 0.97% | 1.01% | 1.32% | 1.30% | 1.41% | 1.30% | 1.26% |
| ▇██▂▄▁▄▄ | Efficiency Ratio (%) | 73.1% | 74.1% | 74.2% | 70.7% | 71.7% | 69.8% | 71.9% | 71.6% |
| ▇█▇▆▃▁▁▁ | Cost of Funds (%) | 1.76% | 1.82% | 1.75% | 1.69% | 1.56% | 1.48% | 1.43% | 1.46% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▂▃▅▇▇█ | Tang. Book Value ($M) | $7 | $7 | $7 | $8 | $8 | $8 | $9 | $9 |
| ▁▁▂▄▆▅▆█ | Gross Loans ($M) | $85 | $87 | $87 | $90 | $92 | $91 | $93 | $96 |
| ▁▂▄▄▅▄██ | Total Deposits ($M) | $91 | $96 | $101 | $100 | $103 | $102 | $113 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 9% |