Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.97% | +0.23 | 0.74% |
| Return on Equity (%) | ▲ | 13.97% | +1.36 | 12.61% |
| Net Interest Margin (%) | ▲ | 2.44% | +0.23 | 2.20% |
| Efficiency Ratio (%) | ▲ | 63.96% | -5.65 | 69.61% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $0 |
| Cost of Funds (%) | ▲ | 1.66% | -0.18 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $118 | +4.51 | $113 |
| Gross Loans ($M) | ▲ | $41 | +0.31 | $41 |
| Loan Growth YoY (%) | ▼ | 37.44% | -1.78 | 39.22% |
| Total Deposits ($M) | ▲ | $109 | +5.75 | $103 |
| Shareholders Equity ($M) | ▲ | $8 | +1.25 | $7 |
| Tang. Book Value ($M) | ▲ | $8 | +1.25 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.30 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 37.44% | -1.78 | 39.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Allowance / Loans (%) | — | 0.92% | -0.01% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 0.35% | +0.35 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 29.39% | -0.46 | 29.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▆█ | Net Interest Margin (%) | 2.11% | 2.09% | 2.11% | 2.20% | 2.24% | 2.25% | 2.34% | 2.44% |
| ▁▁▁▁▂▃▅█ | Return on Assets (%) | 0.73% | 0.71% | 0.71% | 0.74% | 0.77% | 0.79% | 0.86% | 0.97% |
| ▇████▆▄▁ | Efficiency Ratio (%) | 68.8% | 69.6% | 69.6% | 69.6% | 69.0% | 67.8% | 66.2% | 64.0% |
| ██▆▇█▄▆▁ | Cost of Funds (%) | 1.87% | 1.90% | 1.81% | 1.84% | 1.87% | 1.77% | 1.82% | 1.66% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% |
| ▁▃▂▄▅▇▇█ | Tang. Book Value ($M) | $6 | $7 | $6 | $7 | $7 | $8 | $8 | $8 |
| ▅▁▂▇▂█▅█ | Gross Loans ($M) | $41 | $39 | $40 | $41 | $40 | $41 | $41 | $41 |
| █▇▄▁▁█▂▇ | Total Deposits ($M) | $111 | $110 | $106 | $103 | $103 | $110 | $104 | $109 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 13% |