Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.46 | 1.04% |
| Return on Equity (%) | ▲ | 24.33% | +1.49 | 22.84% |
| Net Interest Margin (%) | ▲ | 2.87% | +0.11 | 2.76% |
| Efficiency Ratio (%) | ▲ | 51.04% | -7.66 | 58.70% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 1.18% | -0.08 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $133 | +11.16 | $121 |
| Gross Loans ($M) | ▲ | $17 | +5.44 | $11 |
| Loan Growth YoY (%) | ▲ | 13.50% | +3.66 | 9.84% |
| Total Deposits ($M) | ▲ | $124 | +9.16 | $115 |
| Shareholders Equity ($M) | ▲ | $8 | +1.97 | $6 |
| Tang. Book Value ($M) | ▲ | $8 | +1.97 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +2.34 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 13.50% | +3.66 | 9.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.70% | -0.44% | 1.14% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▅▃▁▃▃▃▃ | Net Interest Margin (%) | 3.19% | 2.99% | 2.90% | 2.76% | 2.89% | 2.88% | 2.89% | 2.87% |
| █▂▁▁▂▂▁▆ | Return on Assets (%) | 1.77% | 1.15% | 0.97% | 1.04% | 1.07% | 1.13% | 0.97% | 1.51% |
| ▁▄▇▅▆▅█▁ | Efficiency Ratio (%) | 50.3% | 56.2% | 62.9% | 58.7% | 61.0% | 59.0% | 64.9% | 51.0% |
| ▁██▆▆▆▆▄ | Cost of Funds (%) | 0.98% | 1.37% | 1.35% | 1.26% | 1.26% | 1.24% | 1.27% | 1.18% |
| ▁▁▁▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% | 0.00% | 0.00% |
| ▁▇▂▄▂███ | Tang. Book Value ($M) | $4 | $7 | $5 | $6 | $5 | $8 | $8 | $8 |
| ▁▁▁▃▅▆▇█ | Gross Loans ($M) | $9 | $10 | $9 | $11 | $14 | $15 | $16 | $17 |
| ▂▁▃▃▂▂▅█ | Total Deposits ($M) | $114 | $112 | $116 | $115 | $115 | $114 | $119 | $124 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 47% |
| Agricultural | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 67% |