Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.93% | -0.49 | 1.42% |
| Return on Equity (%) | ▼ | 9.71% | -6.14 | 15.85% |
| Net Interest Margin (%) | ▲ | 3.37% | +0.45 | 2.92% |
| Efficiency Ratio (%) | ▲ | 47.25% | -3.89 | 51.14% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 2.43% | -0.19 | 2.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +10.31 | $183 |
| Gross Loans ($M) | ▲ | $142 | +13.20 | $129 |
| Loan Growth YoY (%) | ▲ | 83.74% | +3.79 | 79.95% |
| Total Deposits ($M) | ▲ | $168 | +8.47 | $159 |
| Shareholders Equity ($M) | ▲ | $18 | +1.85 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.85 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.89 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 83.74% | +3.79 | 79.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.11 | 0.78% |
| Allowance / Loans (%) | — | 1.25% | -0.08% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 1.20% | +0.10 | 1.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 2.74% | 2.79% | 2.86% | 2.92% | 3.08% | 3.15% | 3.23% | 3.37% |
| ▃▄▁▇██▄▁ | Return on Assets (%) | 1.13% | 1.20% | 0.92% | 1.42% | 1.50% | 1.58% | 1.24% | 0.93% |
| ▅▄█▂▁▁▅▁ | Efficiency Ratio (%) | 57.1% | 56.3% | 65.5% | 51.1% | 49.3% | 47.9% | 57.6% | 47.3% |
| ███▆▅▆▄▁ | Cost of Funds (%) | 2.70% | 2.72% | 2.72% | 2.63% | 2.60% | 2.62% | 2.56% | 2.43% |
| ▁▁▁█▂▃▄█ | NPA / Assets (%) | 0.04% | 0.02% | 0.03% | 0.78% | 0.14% | 0.28% | 0.37% | 0.88% |
| ▁▁▁█▂▃▄█ | Net Charge-Off Ratio (%) | 0.05% | 0.03% | 0.04% | 1.10% | 0.20% | 0.40% | 0.50% | 1.20% |
| ▁▄▁▄▅███ | Tang. Book Value ($M) | $15 | $17 | $16 | $16 | $17 | $18 | $18 | $18 |
| ▁▂▄▄▄▆██ | Gross Loans ($M) | $118 | $121 | $129 | $129 | $128 | $133 | $140 | $142 |
| ▁▂▂▄▇▇▇█ | Total Deposits ($M) | $152 | $155 | $155 | $159 | $164 | $165 | $164 | $168 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 11% |
| Agricultural | 13% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 11% |