Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.70% | +0.25 | 1.45% |
| Return on Equity (%) | ▲ | 27.65% | +0.64 | 27.01% |
| Net Interest Margin (%) | ▼ | 2.97% | -0.14 | 3.11% |
| Efficiency Ratio (%) | ▲ | 48.27% | -2.58 | 50.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.40% | +0.14 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $291 | +12.59 | $279 |
| Gross Loans ($M) | ▲ | $133 | +11.60 | $121 |
| Loan Growth YoY (%) | ▲ | 47.96% | +2.39 | 45.57% |
| Total Deposits ($M) | ▲ | $273 | +10.83 | $262 |
| Shareholders Equity ($M) | ▲ | $18 | +1.76 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.85 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.17 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 47.96% | +2.39 | 45.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.55% | -0.01% | 1.56% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 19.58% | -1.04 | 20.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▄▅▅▄▁ | Net Interest Margin (%) | 3.25% | 3.21% | 3.15% | 3.11% | 3.12% | 3.13% | 3.09% | 2.97% |
| ▄▃▂▁▂▃██ | Return on Assets (%) | 1.56% | 1.53% | 1.51% | 1.45% | 1.50% | 1.54% | 1.71% | 1.70% |
| ▆▇▇██▇▁▄ | Efficiency Ratio (%) | 49.5% | 49.8% | 49.7% | 50.9% | 50.4% | 50.2% | 46.2% | 48.3% |
| ▂▅▁▃▆█▄▆ | Cost of Funds (%) | 1.20% | 1.34% | 1.15% | 1.26% | 1.37% | 1.50% | 1.29% | 1.40% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▂▅▆▆██ | Tang. Book Value ($M) | $13 | $16 | $14 | $16 | $17 | $17 | $18 | $18 |
| ▄▃▅▁▂▆██ | Gross Loans ($M) | $126 | $125 | $128 | $121 | $124 | $129 | $133 | $133 |
| ▁▁█▄▃▄█▇ | Total Deposits ($M) | $243 | $243 | $280 | $262 | $255 | $258 | $282 | $273 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 9% |
| Agricultural | 10% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 19% |