Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.05 | 1.24% |
| Return on Equity (%) | ▼ | 12.94% | -0.89 | 13.83% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.02 | 4.01% |
| Efficiency Ratio (%) | ▲ | 60.57% | -3.07 | 63.64% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▼ | 1.24% | +0.12 | 1.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $214 | +16.14 | $198 |
| Gross Loans ($M) | ▲ | $113 | +7.28 | $105 |
| Loan Growth YoY (%) | ▼ | 57.99% | -0.13 | 58.12% |
| Total Deposits ($M) | ▲ | $191 | +12.90 | $178 |
| Shareholders Equity ($M) | ▲ | $22 | +3.02 | $19 |
| Tang. Book Value ($M) | ▲ | $22 | +3.02 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +3.20 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 57.99% | -0.13 | 58.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 1.58% | -0.08% | 1.66% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇██▇ | Net Interest Margin (%) | 3.60% | 3.67% | 3.74% | 4.01% | 4.09% | 4.09% | 4.16% | 4.03% |
| ▁▂▄▆███▇ | Return on Assets (%) | 0.98% | 1.03% | 1.13% | 1.24% | 1.31% | 1.34% | 1.33% | 1.29% |
| █▇▅▄▂▁▁▁ | Efficiency Ratio (%) | 68.7% | 67.7% | 65.3% | 63.6% | 62.3% | 61.1% | 61.4% | 60.6% |
| ██▆▁▄▁▁▇ | Cost of Funds (%) | 1.28% | 1.27% | 1.23% | 1.13% | 1.20% | 1.13% | 1.13% | 1.24% |
| ▁▁▃▃▂▂██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| ▁▁▃▃▂▂██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0.02% | 0.02% |
| ▁▄▂▄▄▇▇█ | Tang. Book Value ($M) | $17 | $19 | $17 | $19 | $19 | $21 | $21 | $22 |
| ▁▂▂▃▅█▆█ | Gross Loans ($M) | $101 | $103 | $102 | $105 | $108 | $112 | $109 | $113 |
| ▁▁▅▂▁▆██ | Total Deposits ($M) | $175 | $177 | $183 | $178 | $175 | $186 | $191 | $191 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |