Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.10 | 0.61% |
| Return on Equity (%) | ▼ | 8.56% | -0.72 | 9.28% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.26 | 2.80% |
| Efficiency Ratio (%) | ▲ | 74.86% | -0.97 | 75.83% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.28% | -0.14 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $169 | -6.49 | $176 |
| Gross Loans ($M) | ▲ | $88 | +3.45 | $85 |
| Loan Growth YoY (%) | ▲ | 56.67% | +5.21 | 51.46% |
| Total Deposits ($M) | ▼ | $154 | -8.55 | $162 |
| Shareholders Equity ($M) | ▲ | $14 | +2.08 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +2.08 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.79 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 56.67% | +5.21 | 51.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.06 | 0.00% |
| Allowance / Loans (%) | — | 1.20% | -0.24% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.98% | +0.67 | 17.32% |
Noninterest income ($0.21M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▇▇█ | Net Interest Margin (%) | 2.60% | 2.65% | 2.69% | 2.80% | 2.87% | 2.95% | 2.98% | 3.06% |
| ▁▁▁▆▄▅▄█ | Return on Assets (%) | 0.39% | 0.42% | 0.41% | 0.61% | 0.55% | 0.57% | 0.53% | 0.71% |
| ███▁▄▄▅▁ | Efficiency Ratio (%) | 85.9% | 84.8% | 85.7% | 75.8% | 79.9% | 79.8% | 81.4% | 74.9% |
| ▆█▄▄▂▄▂▁ | Cost of Funds (%) | 1.48% | 1.58% | 1.39% | 1.42% | 1.35% | 1.39% | 1.34% | 1.28% |
| ▁▄▂▁▇██▁ | NPA / Assets (%) | 0.03% | 0.23% | 0.11% | 0.00% | 0.42% | 0.51% | 0.49% | 0.06% |
| ▁▄▂▁▇██▁ | Net Charge-Off Ratio (%) | 0.07% | 0.46% | 0.23% | 0.00% | 0.83% | 0.98% | 0.97% | 0.12% |
| ▁▅▁▄▄▇██ | Tang. Book Value ($M) | $11 | $12 | $11 | $12 | $12 | $14 | $14 | $14 |
| ▄▃█▁▇▇▆█ | Gross Loans ($M) | $86 | $86 | $88 | $85 | $87 | $88 | $87 | $88 |
| ▆▃█▅▃▁▃▁ | Total Deposits ($M) | $163 | $158 | $168 | $162 | $159 | $153 | $158 | $154 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 8% |
| Agricultural | 16% |
| Consumer | 7% |
| Other | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 7% |