Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.03 | 1.02% |
| Return on Equity (%) | ▼ | 13.01% | -1.05 | 14.06% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.46 | 3.81% |
| Efficiency Ratio (%) | ▼ | 67.60% | +0.46 | 67.14% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 2.19% | -0.15 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +8.98 | $174 |
| Gross Loans ($M) | ▲ | $144 | +15.39 | $129 |
| Loan Growth YoY (%) | ▲ | 87.03% | +2.65 | 84.39% |
| Total Deposits ($M) | ▲ | $164 | +12.89 | $151 |
| Shareholders Equity ($M) | ▲ | $15 | +2.45 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +2.47 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +2.18 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 87.03% | +2.65 | 84.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.12 | 0.21% |
| Allowance / Loans (%) | — | 1.09% | 0.01% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.18 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▆▆▇█ | Net Interest Margin (%) | 3.56% | 3.59% | 3.65% | 3.81% | 4.02% | 4.09% | 4.16% | 4.27% |
| ▂▁▁▆███▇ | Return on Assets (%) | 0.67% | 0.59% | 0.63% | 1.02% | 1.17% | 1.17% | 1.19% | 1.05% |
| ▇██▂▁▁▁▂ | Efficiency Ratio (%) | 77.1% | 79.5% | 79.0% | 67.1% | 63.6% | 65.4% | 65.2% | 67.6% |
| ▇██▅▁▃▄▂ | Cost of Funds (%) | 2.41% | 2.48% | 2.49% | 2.34% | 2.11% | 2.25% | 2.28% | 2.19% |
| ██▄▅▁▁▁▂ | NPA / Assets (%) | 0.40% | 0.40% | 0.20% | 0.21% | 0.01% | 0.01% | 0.01% | 0.09% |
| ██▅▅▁▁▁▂ | Net Charge-Off Ratio (%) | 0.53% | 0.53% | 0.28% | 0.28% | 0.02% | 0.01% | 0.01% | 0.11% |
| ▂▄▁▂▃▆▇█ | Tang. Book Value ($M) | $12 | $13 | $12 | $12 | $13 | $14 | $14 | $15 |
| ▁▂▂▁▄██▆ | Gross Loans ($M) | $127 | $131 | $131 | $129 | $139 | $150 | $153 | $144 |
| ▃▁▁▃▃▆▇█ | Total Deposits ($M) | $151 | $148 | $145 | $151 | $152 | $158 | $159 | $164 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 14% |
| Agricultural | 21% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 16% |