Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.18% | +0.02 | 1.16% |
| Return on Equity (%) | ▲ | 13.58% | +0.40 | 13.18% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.11 | 3.04% |
| Efficiency Ratio (%) | ▼ | 53.48% | +0.50 | 52.97% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.73% | -0.19 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $109 | +8.31 | $101 |
| Gross Loans ($M) | ▲ | $45 | +2.27 | $43 |
| Loan Growth YoY (%) | ▼ | 45.72% | -1.45 | 47.17% |
| Total Deposits ($M) | ▲ | $99 | +7.89 | $91 |
| Shareholders Equity ($M) | ▲ | $9 | +0.32 | $9 |
| Tang. Book Value ($M) | ▲ | $9 | +0.32 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +0.46 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 45.72% | -1.45 | 47.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.55% | -0.08% | 0.63% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.70% | -1.02 | 13.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▄▁▅▇█▄ | Net Interest Margin (%) | 3.12% | 3.15% | 3.16% | 3.04% | 3.17% | 3.25% | 3.30% | 3.14% |
| ██▁▃▆▇▃▄ | Return on Assets (%) | 1.27% | 1.30% | 1.09% | 1.16% | 1.23% | 1.25% | 1.15% | 1.18% |
| ▂▂█▃▃▁▅▄ | Efficiency Ratio (%) | 52.6% | 52.7% | 55.4% | 53.0% | 52.9% | 52.0% | 53.7% | 53.5% |
| ▆█▇▅▆▄▃▁ | Cost of Funds (%) | 1.96% | 2.08% | 2.03% | 1.92% | 1.95% | 1.87% | 1.84% | 1.73% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▄▂▆▆█▆ | Tang. Book Value ($M) | $9 | $9 | $9 | $9 | $9 | $9 | $9 | $9 |
| ▁▂▅▂▄▅█▄ | Gross Loans ($M) | $40 | $43 | $47 | $43 | $45 | $48 | $53 | $45 |
| ▁▁▃▅▃▄▄█ | Total Deposits ($M) | $81 | $83 | $88 | $91 | $87 | $89 | $89 | $99 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 32% |
| C&I / Commercial | 6% |
| Agricultural | 60% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 10% |