Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.57 | 0.73% |
| Return on Equity (%) | ▲ | 12.24% | +4.31 | 7.93% |
| Net Interest Margin (%) | ▲ | 5.15% | +0.95 | 4.20% |
| Efficiency Ratio (%) | ▲ | 65.24% | -11.74 | 76.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.60 | $1 |
| Cost of Funds (%) | ▲ | 1.47% | -0.62 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $306 | -16.59 | $323 |
| Gross Loans ($M) | ▼ | $251 | -16.43 | $268 |
| Loan Growth YoY (%) | ▼ | 91.38% | -3.39 | 94.77% |
| Total Deposits ($M) | ▼ | $272 | -6.95 | $279 |
| Shareholders Equity ($M) | ▲ | $32 | +2.31 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +2.38 | $29 |
| Loan / Deposit Ratio (%) | ▼ | 91.38% | -3.39 | 94.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.48% | +0.05 | 0.44% |
| Allowance / Loans (%) | — | 1.03% | -0.17% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.06 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 3.46% | 3.58% | 3.79% | 4.20% | 4.37% | 4.48% | 4.64% | 5.15% |
| ▁▁▃▄▄▆▆█ | Return on Assets (%) | 0.21% | 0.20% | 0.50% | 0.73% | 0.72% | 0.89% | 0.99% | 1.30% |
| ██▅▄▄▃▂▁ | Efficiency Ratio (%) | 92.2% | 89.1% | 81.7% | 77.0% | 75.7% | 73.3% | 71.1% | 65.2% |
| ███▇▆▅▂▁ | Cost of Funds (%) | 2.16% | 2.23% | 2.15% | 2.09% | 2.00% | 1.85% | 1.58% | 1.47% |
| ▁▁▂▂▃█▅▃ | NPA / Assets (%) | 0.42% | 0.41% | 0.45% | 0.44% | 0.47% | 0.61% | 0.53% | 0.48% |
| ▂▁▂▁▂█▅▃ | Net Charge-Off Ratio (%) | 0.54% | 0.51% | 0.55% | 0.53% | 0.56% | 0.74% | 0.64% | 0.59% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $27 | $28 | $28 | $29 | $30 | $31 | $32 | $32 |
| ▁▅▇██▂▄▂ | Gross Loans ($M) | $249 | $260 | $264 | $268 | $269 | $252 | $258 | $251 |
| ▁▇█▇▂▅▆▄ | Total Deposits ($M) | $265 | $279 | $283 | $279 | $269 | $275 | $277 | $272 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 6% |