Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.99% | +0.43 | 1.56% |
| Return on Equity (%) | ▲ | 23.11% | +3.97 | 19.14% |
| Net Interest Margin (%) | ▲ | 4.88% | +0.24 | 4.63% |
| Efficiency Ratio (%) | ▲ | 55.72% | -9.03 | 64.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.46 | $1 |
| Cost of Funds (%) | ▲ | 2.19% | -0.12 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $271 | +31.75 | $239 |
| Gross Loans ($M) | ▲ | $209 | +34.16 | $175 |
| Loan Growth YoY (%) | ▲ | 85.74% | +3.88 | 81.86% |
| Total Deposits ($M) | ▲ | $241 | +30.09 | $211 |
| Shareholders Equity ($M) | ▲ | $23 | +3.62 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +3.62 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.68 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 85.74% | +3.88 | 81.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.02% | -0.09% | 1.11% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.63% | -0.56 | 12.19% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▇███ | Net Interest Margin (%) | 4.40% | 4.40% | 4.50% | 4.63% | 4.78% | 4.87% | 4.88% | 4.88% |
| ▁▁▂▃▅▆▆█ | Return on Assets (%) | 1.34% | 1.32% | 1.47% | 1.56% | 1.69% | 1.74% | 1.82% | 1.99% |
| ██▇▆▅▅▃▁ | Efficiency Ratio (%) | 67.9% | 68.1% | 65.4% | 64.7% | 63.2% | 62.2% | 60.3% | 55.7% |
| ▃█▆▃▁▁▁▁ | Cost of Funds (%) | 2.32% | 2.62% | 2.48% | 2.31% | 2.23% | 2.21% | 2.19% | 2.19% |
| ▁▁▁▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% |
| ▁▂▂▄▄▇▇█ | Tang. Book Value ($M) | $17 | $19 | $19 | $20 | $20 | $22 | $22 | $23 |
| ▂▂▃▁▄▆▇█ | Gross Loans ($M) | $183 | $182 | $184 | $175 | $188 | $198 | $204 | $209 |
| ▂▁▁▂▄▄▆█ | Total Deposits ($M) | $210 | $209 | $206 | $211 | $223 | $223 | $231 | $241 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 7% |