Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.38% | +0.88 | 1.50% |
| Return on Equity (%) | ▲ | 21.63% | +8.30 | 13.33% |
| Net Interest Margin (%) | ▲ | 4.17% | +0.28 | 3.89% |
| Efficiency Ratio (%) | ▲ | 43.79% | -7.12 | 50.91% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $0 |
| Cost of Funds (%) | ▼ | 2.03% | +0.08 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +12.36 | $101 |
| Gross Loans ($M) | ▲ | $98 | +15.84 | $82 |
| Loan Growth YoY (%) | ▲ | 98.98% | +6.70 | 92.27% |
| Total Deposits ($M) | ▲ | $98 | +10.05 | $88 |
| Shareholders Equity ($M) | ▲ | $12 | +1.36 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.36 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 98.98% | +6.70 | 92.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.99 | 1.07% |
| Allowance / Loans (%) | — | 0.92% | -0.18% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -1.22 | 1.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇▇▁▆███ | Net Interest Margin (%) | 4.12% | 4.13% | 4.11% | 3.89% | 4.08% | 4.15% | 4.16% | 4.17% |
| ▆▆▆▁▄▆▆█ | Return on Assets (%) | 2.11% | 2.14% | 2.08% | 1.50% | 1.84% | 2.07% | 2.10% | 2.38% |
| ████▇▅▅▁ | Efficiency Ratio (%) | 51.8% | 50.9% | 51.7% | 50.9% | 50.6% | 47.9% | 48.1% | 43.8% |
| ▁▅█▆██▇█ | Cost of Funds (%) | 1.74% | 1.90% | 2.03% | 1.95% | 2.01% | 2.05% | 1.99% | 2.03% |
| ▂▁▁█▂▁▁▁ | NPA / Assets (%) | 0.22% | 0.00% | 0.00% | 1.07% | 0.15% | 0.00% | 0.08% | 0.08% |
| ▂▁▁█▂▁▁▁ | Net Charge-Off Ratio (%) | 0.26% | 0.00% | 0.00% | 1.32% | 0.18% | 0.00% | 0.10% | 0.10% |
| ▁▃▃▂▄▇██ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $12 | $12 | $13 | $12 |
| ▁▁▂▃▄▆▇█ | Gross Loans ($M) | $76 | $79 | $81 | $82 | $86 | $90 | $94 | $98 |
| ▁▂▃▄▄▅██ | Total Deposits ($M) | $77 | $80 | $83 | $88 | $88 | $89 | $98 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 10% |
| Agricultural | 17% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |