Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.18 | 1.67% |
| Return on Equity (%) | ▲ | 21.99% | +0.02 | 21.97% |
| Net Interest Margin (%) | ▲ | 4.41% | +0.40 | 4.01% |
| Efficiency Ratio (%) | ▼ | 59.30% | +2.04 | 57.27% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.57% | -0.23 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $263 | +4.61 | $258 |
| Gross Loans ($M) | ▼ | $196 | -0.25 | $196 |
| Loan Growth YoY (%) | ▼ | 84.60% | -1.06 | 85.66% |
| Total Deposits ($M) | ▲ | $229 | +2.38 | $227 |
| Shareholders Equity ($M) | ▲ | $22 | +2.27 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.27 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.10 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 84.60% | -1.06 | 85.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.07% | -0.04 | 0.11% |
| Allowance / Loans (%) | — | 1.07% | 0.07% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.09% | -0.06 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▆▇█ | Net Interest Margin (%) | 3.73% | 3.74% | 3.81% | 4.01% | 4.20% | 4.24% | 4.31% | 4.41% |
| ▂▃▄▁█▇▇▅ | Return on Assets (%) | 1.72% | 1.76% | 1.79% | 1.67% | 1.99% | 1.94% | 1.92% | 1.85% |
| ▃▃▅▅▁▃▅█ | Efficiency Ratio (%) | 56.1% | 56.4% | 57.1% | 57.3% | 54.8% | 56.3% | 57.5% | 59.3% |
| ▅█▇▄▅▄▁▁ | Cost of Funds (%) | 1.87% | 2.06% | 1.95% | 1.81% | 1.86% | 1.79% | 1.62% | 1.57% |
| ▄▄█▆▁▁▁▂ | NPA / Assets (%) | 0.09% | 0.09% | 0.14% | 0.11% | 0.05% | 0.05% | 0.05% | 0.07% |
| ▅▄█▆▁▁▁▂ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.19% | 0.14% | 0.07% | 0.07% | 0.06% | 0.09% |
| ▁▄▁▄▆███ | Tang. Book Value ($M) | $18 | $20 | $18 | $20 | $21 | $22 | $22 | $22 |
| ▁▂▂█████ | Gross Loans ($M) | $173 | $179 | $179 | $196 | $196 | $198 | $198 | $196 |
| ▂▂▁▇▆▆▄█ | Total Deposits ($M) | $217 | $215 | $213 | $227 | $224 | $225 | $220 | $229 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Agricultural | 5% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 4% |