Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.16% | +0.27 | 1.89% |
| Return on Equity (%) | ▲ | 19.84% | +1.97 | 17.87% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.32 | 3.30% |
| Efficiency Ratio (%) | ▲ | 36.30% | -2.93 | 39.23% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 2.05% | -0.20 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $133 | +6.50 | $127 |
| Gross Loans ($M) | ▲ | $97 | +3.86 | $93 |
| Loan Growth YoY (%) | ▼ | 81.82% | -0.06 | 81.89% |
| Total Deposits ($M) | ▲ | $117 | +5.33 | $112 |
| Shareholders Equity ($M) | ▲ | $15 | +1.13 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.13 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 81.82% | -0.06 | 81.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | -0.51% | 1.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▅▁▃▄▅█ | Net Interest Margin (%) | 3.42% | 3.48% | 3.48% | 3.30% | 3.38% | 3.44% | 3.47% | 3.62% |
| ▄▆▁▆▆▆▃█ | Return on Assets (%) | 1.79% | 1.90% | 1.44% | 1.89% | 1.89% | 1.96% | 1.65% | 2.16% |
| ▂▂█▂▂▂█▁ | Efficiency Ratio (%) | 40.7% | 39.3% | 52.6% | 39.2% | 40.3% | 38.9% | 54.2% | 36.3% |
| ▄▆▄▆█▅▆▁ | Cost of Funds (%) | 2.18% | 2.25% | 2.19% | 2.24% | 2.34% | 2.22% | 2.26% | 2.05% |
| ▇▆▄▁▇▇▆█ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.01% |
| ▆▅▄▁▇▇▆█ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% |
| ▁▃▂▃▄▇▇█ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $14 | $15 |
| ▁▁▆▃▄▄█▇ | Gross Loans ($M) | $91 | $91 | $97 | $93 | $94 | $95 | $99 | $97 |
| ▁▁▅▆▆███ | Total Deposits ($M) | $101 | $103 | $111 | $112 | $111 | $116 | $116 | $117 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 10% |
| Agricultural | 27% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 14% |