Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.91% | +0.64 | 0.27% |
| Return on Equity (%) | ▲ | 7.90% | +5.50 | 2.40% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.48 | 2.73% |
| Efficiency Ratio (%) | ▲ | 59.61% | -8.11 | 67.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $0 |
| Cost of Funds (%) | ▲ | 2.05% | -0.18 | 2.23% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $216 | +17.38 | $199 |
| Gross Loans ($M) | ▲ | $171 | +17.62 | $154 |
| Loan Growth YoY (%) | ▲ | 104.27% | +9.94 | 94.33% |
| Total Deposits ($M) | ▲ | $162 | +1.48 | $161 |
| Shareholders Equity ($M) | ▲ | $25 | +2.40 | $22 |
| Tang. Book Value ($M) | ▲ | $25 | +2.40 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.27 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 104.27% | +9.94 | 94.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.11% | +0.63 | 1.48% |
| Allowance / Loans (%) | — | 1.33% | -0.07% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 2.66% | +0.75 | 1.91% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 2.13% | 2.18% | 2.27% | 2.73% | 2.87% | 2.93% | 3.03% | 3.22% |
| ▁▂▃▂▄▆▇█ | Return on Assets (%) | 0.12% | 0.25% | 0.36% | 0.27% | 0.51% | 0.67% | 0.74% | 0.91% |
| █▇▆▃▃▂▁▁ | Efficiency Ratio (%) | 87.1% | 82.8% | 79.3% | 67.7% | 66.7% | 64.2% | 62.8% | 59.6% |
| ██▇▃▃▃▂▁ | Cost of Funds (%) | 2.66% | 2.69% | 2.58% | 2.23% | 2.25% | 2.22% | 2.19% | 2.05% |
| ▁▁▁▆▆█▄█ | NPA / Assets (%) | 0.29% | 0.24% | 0.26% | 1.48% | 1.44% | 2.03% | 1.12% | 2.11% |
| ▁▁▁▆▆█▄█ | Net Charge-Off Ratio (%) | 0.40% | 0.32% | 0.34% | 1.91% | 1.85% | 2.61% | 1.42% | 2.66% |
| ▁▃▂▃▄▆██ | Tang. Book Value ($M) | $21 | $22 | $22 | $22 | $23 | $24 | $25 | $25 |
| ▁▁▂▃▃▅▇█ | Gross Loans ($M) | $147 | $149 | $153 | $154 | $156 | $160 | $168 | $171 |
| ▃██▂▂▁▇▃ | Total Deposits ($M) | $163 | $168 | $169 | $161 | $161 | $159 | $167 | $162 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 13% |
| Agricultural | 10% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 17% |