Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.36% | +0.14 | 1.23% |
| Return on Equity (%) | ▲ | 12.37% | +0.55 | 11.82% |
| Net Interest Margin (%) | ▲ | 3.53% | +0.27 | 3.26% |
| Efficiency Ratio (%) | ▲ | 60.56% | -1.01 | 61.57% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.82% | -0.29 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $116 | +10.25 | $106 |
| Gross Loans ($M) | ▼ | $74 | -1.04 | $75 |
| Loan Growth YoY (%) | ▼ | 71.62% | -7.79 | 79.41% |
| Total Deposits ($M) | ▲ | $103 | +8.81 | $94 |
| Shareholders Equity ($M) | ▲ | $13 | +1.39 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.39 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.77 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 71.62% | -7.79 | 79.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.03% | -0.01% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▆▇██ | Net Interest Margin (%) | 3.17% | 3.17% | 3.16% | 3.26% | 3.41% | 3.48% | 3.53% | 3.53% |
| ▄▃▁▆█▇▆█ | Return on Assets (%) | 1.14% | 1.05% | 0.92% | 1.23% | 1.33% | 1.29% | 1.24% | 1.36% |
| ▃▅█▂▁▁▂▁ | Efficiency Ratio (%) | 63.4% | 66.0% | 69.7% | 61.6% | 60.4% | 60.2% | 61.6% | 60.6% |
| ▃██▆▃▄▄▁ | Cost of Funds (%) | 1.98% | 2.21% | 2.25% | 2.11% | 1.95% | 2.01% | 1.99% | 1.82% |
| ▁▁█▁▁▁▆▁ | NPA / Assets (%) | 0.00% | 0.01% | 0.06% | 0.00% | 0.00% | 0.00% | 0.04% | 0.00% |
| ▁▁█▁▁▁▆▁ | Net Charge-Off Ratio (%) | 0.00% | 0.01% | 0.09% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% |
| ▁▃▂▄▅▇▇█ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $12 | $12 | $12 | $13 |
| ▇▅▁▄█▄▄▁ | Gross Loans ($M) | $77 | $76 | $74 | $75 | $77 | $76 | $76 | $74 |
| ▁▂▃▄▆▆▅█ | Total Deposits ($M) | $88 | $92 | $93 | $94 | $98 | $98 | $97 | $103 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 12% |
| Agricultural | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 3% |