Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.94% | +0.58 | 1.36% |
| Return on Equity (%) | ▲ | 19.68% | +5.61 | 14.07% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.36 | 3.30% |
| Efficiency Ratio (%) | ▲ | 45.18% | -12.01 | 57.20% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.76 | $1 |
| Cost of Funds (%) | ▲ | 1.89% | -0.13 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $450 | +25.82 | $424 |
| Gross Loans ($M) | ▲ | $350 | +8.44 | $341 |
| Loan Growth YoY (%) | ▼ | 89.42% | -3.88 | 93.30% |
| Total Deposits ($M) | ▲ | $385 | +25.03 | $360 |
| Shareholders Equity ($M) | ▲ | $44 | +3.29 | $41 |
| Tang. Book Value ($M) | ▲ | $44 | +3.29 | $41 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +3.37 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 89.42% | -3.88 | 93.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.42% | -0.03% | 1.45% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▇██ | Net Interest Margin (%) | 2.93% | 2.95% | 3.01% | 3.30% | 3.46% | 3.55% | 3.61% | 3.66% |
| ▂▂▁▄▆▇▇█ | Return on Assets (%) | 1.10% | 1.08% | 0.95% | 1.36% | 1.62% | 1.73% | 1.76% | 1.94% |
| ▇▇█▅▃▂▂▁ | Efficiency Ratio (%) | 61.3% | 61.5% | 65.2% | 57.2% | 51.6% | 49.5% | 49.4% | 45.2% |
| ███▄▅▃▁▁ | Cost of Funds (%) | 2.19% | 2.17% | 2.18% | 2.01% | 2.05% | 1.97% | 1.92% | 1.89% |
| █▅▂▁▁▁▁▁ | NPA / Assets (%) | 0.57% | 0.35% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▃▁▃▅█▅█ | Tang. Book Value ($M) | $40 | $41 | $40 | $41 | $42 | $44 | $42 | $44 |
| ▁▂▂▃▅▇█▆ | Gross Loans ($M) | $333 | $337 | $339 | $341 | $348 | $354 | $359 | $350 |
| ▁▃▃▅▃▅▆█ | Total Deposits ($M) | $331 | $350 | $350 | $360 | $347 | $362 | $370 | $385 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 10% |
| Agricultural | 10% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |