Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.50 | 1.24% |
| Return on Equity (%) | ▲ | 14.68% | +3.74 | 10.94% |
| Net Interest Margin (%) | ▲ | 3.43% | +0.40 | 3.03% |
| Efficiency Ratio (%) | ▲ | 48.14% | -9.86 | 58.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 1.47% | -0.10 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $197 | +11.51 | $186 |
| Gross Loans ($M) | ▲ | $129 | +9.43 | $120 |
| Loan Growth YoY (%) | ▲ | 74.06% | +1.51 | 72.55% |
| Total Deposits ($M) | ▲ | $173 | +9.02 | $164 |
| Shareholders Equity ($M) | ▲ | $24 | +2.39 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +2.45 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.30 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 74.06% | +1.51 | 72.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.22% | 0.13% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▆█ | Net Interest Margin (%) | 2.47% | 2.53% | 2.63% | 3.03% | 3.09% | 3.13% | 3.19% | 3.43% |
| ▁▁▃▃▄▄▅█ | Return on Assets (%) | 0.97% | 1.03% | 1.23% | 1.24% | 1.31% | 1.34% | 1.40% | 1.74% |
| ██▆▇▆▅▃▁ | Efficiency Ratio (%) | 60.9% | 59.5% | 56.2% | 58.0% | 56.4% | 55.7% | 52.2% | 48.1% |
| ▇█▄▂▃▁▂▁ | Cost of Funds (%) | 2.04% | 2.14% | 1.79% | 1.57% | 1.65% | 1.53% | 1.59% | 1.47% |
| ▁█▁▁▁▁▁▂ | NPA / Assets (%) | 0.00% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| ▁█▁▁▁▁▁▂ | Net Charge-Off Ratio (%) | 0.00% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $17 | $19 | $19 | $19 | $20 | $21 | $21 | $22 |
| ▁▁▃▃▄▅▇█ | Gross Loans ($M) | $116 | $116 | $119 | $120 | $123 | $124 | $127 | $129 |
| ▁▁▅▅▆▇██ | Total Deposits ($M) | $150 | $153 | $163 | $164 | $166 | $170 | $175 | $173 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 9% |
| Agricultural | 23% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 10% |