Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.55 | 0.35% |
| Return on Equity (%) | ▲ | 7.10% | +4.93 | 2.17% |
| Net Interest Margin (%) | ▲ | 4.36% | +0.15 | 4.21% |
| Efficiency Ratio (%) | ▲ | 62.31% | -8.77 | 71.08% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.49 | $0 |
| Cost of Funds (%) | ▲ | 1.66% | -0.05 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $260 | +67.55 | $192 |
| Gross Loans ($M) | ▲ | $138 | +44.96 | $93 |
| Loan Growth YoY (%) | ▲ | 60.18% | +3.13 | 57.05% |
| Total Deposits ($M) | ▲ | $226 | +65.54 | $161 |
| Shareholders Equity ($M) | ▲ | $33 | +1.90 | $31 |
| Tang. Book Value ($M) | ▲ | $30 | +2.55 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +4.20 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 60.18% | +3.13 | 57.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.02 | 0.02% |
| Allowance / Loans (%) | — | 1.07% | 0.00% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.07% | +0.03 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -24.52 | 24.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▁▁▂▂ | Net Interest Margin (%) | 5.25% | 5.20% | 5.03% | 4.21% | 4.26% | 4.30% | 4.42% | 4.36% |
| ▁▂▃▃▄▆▇█ | Return on Assets (%) | 0.03% | 0.24% | 0.33% | 0.35% | 0.44% | 0.58% | 0.76% | 0.90% |
| █▇▇▄▄▃▂▁ | Efficiency Ratio (%) | 83.2% | 78.6% | 78.2% | 71.1% | 71.8% | 69.7% | 65.7% | 62.3% |
| ▁▂▅▆██▇▅ | Cost of Funds (%) | 1.23% | 1.38% | 1.58% | 1.70% | 1.88% | 1.93% | 1.76% | 1.66% |
| █▄▃▁▂▂▁▅ | NPA / Assets (%) | 0.05% | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.04% |
| █▄▃▁▂▂▁▃ | Net Charge-Off Ratio (%) | 0.13% | 0.07% | 0.07% | 0.04% | 0.05% | 0.05% | 0.03% | 0.07% |
| ▁▃▂▃▂▆██ | Tang. Book Value ($M) | $27 | $28 | $27 | $28 | $27 | $29 | $30 | $30 |
| ▁▁▂▄▅▆▇█ | Gross Loans ($M) | $60 | $68 | $70 | $93 | $108 | $115 | $127 | $138 |
| ▁▂▃▄▇▇██ | Total Deposits ($M) | $118 | $135 | $149 | $161 | $200 | $209 | $219 | $226 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 31% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 15% |