Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.18% | -0.15 | 1.33% |
| Return on Equity (%) | ▼ | 6.79% | -0.56 | 7.35% |
| Net Interest Margin (%) | ▼ | 4.74% | -0.54 | 5.28% |
| Efficiency Ratio (%) | ▼ | 74.60% | +0.80 | 73.80% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.04 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $157 | +14.51 | $142 |
| Gross Loans ($M) | ▲ | $96 | +10.17 | $86 |
| Loan Growth YoY (%) | ▲ | 73.67% | +0.39 | 73.28% |
| Total Deposits ($M) | ▲ | $129 | +13.45 | $115 |
| Shareholders Equity ($M) | ▲ | $26 | +1.20 | $25 |
| Tang. Book Value ($M) | ▲ | $24 | +1.20 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 73.67% | +0.39 | 73.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.01 | 0.04% |
| Allowance / Loans (%) | — | 1.44% | -0.40% | 1.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.09% | +0.02 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▃▃▃▃▁ | Net Interest Margin (%) | 6.83% | 6.66% | 6.46% | 5.28% | 5.39% | 5.50% | 5.38% | 4.74% |
| █▇▆▁▂▃▂▁ | Return on Assets (%) | 2.51% | 2.31% | 2.07% | 1.33% | 1.46% | 1.56% | 1.42% | 1.18% |
| ▁▂▄█▇▆▇█ | Efficiency Ratio (%) | 61.1% | 63.5% | 66.2% | 73.8% | 71.9% | 70.5% | 72.8% | 74.6% |
| ██▁▁▄▆▄▁ | Cost of Funds (%) | 2.14% | 2.15% | 1.84% | 1.87% | 1.95% | 2.04% | 1.95% | 1.83% |
| █▆▁▁▆▄▁▁ | NPA / Assets (%) | 0.78% | 0.53% | 0.00% | 0.04% | 0.51% | 0.38% | 0.04% | 0.06% |
| █▆▁▁▆▅▁▁ | Net Charge-Off Ratio (%) | 1.25% | 0.80% | 0.00% | 0.07% | 0.84% | 0.65% | 0.06% | 0.09% |
| ▁▃▃▅▅▇██ | Tang. Book Value ($M) | $21 | $22 | $22 | $23 | $23 | $23 | $24 | $24 |
| ▁▂▅▄▆▃▆█ | Gross Loans ($M) | $79 | $83 | $88 | $86 | $90 | $85 | $91 | $96 |
| ▂▁▃▅▇▆▆█ | Total Deposits ($M) | $103 | $98 | $108 | $115 | $123 | $119 | $119 | $129 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 11% |
| Agricultural | 10% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 25% |