Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.01% | +0.25 | 0.75% |
| Return on Equity (%) | ▲ | 11.06% | +1.29 | 9.77% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.39 | 3.27% |
| Efficiency Ratio (%) | ▲ | 67.17% | -7.67 | 74.84% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 1.24% | -0.32 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $159 | +2.72 | $156 |
| Gross Loans ($M) | ▲ | $84 | +2.22 | $82 |
| Loan Growth YoY (%) | ▲ | 57.79% | +1.25 | 56.54% |
| Total Deposits ($M) | ▲ | $144 | +0.62 | $143 |
| Shareholders Equity ($M) | ▲ | $14 | +2.08 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +2.08 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.99 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 57.79% | +1.25 | 56.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.03 | 0.10% |
| Allowance / Loans (%) | — | 1.15% | 0.06% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.25% | +0.05 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 2.88% | 2.92% | 2.97% | 3.27% | 3.33% | 3.43% | 3.49% | 3.65% |
| ▁▁▂▆▅▆▇█ | Return on Assets (%) | 0.32% | 0.38% | 0.49% | 0.75% | 0.71% | 0.79% | 0.91% | 1.01% |
| █▇▇▄▄▃▃▁ | Efficiency Ratio (%) | 86.7% | 84.0% | 83.1% | 74.8% | 75.5% | 74.1% | 72.6% | 67.2% |
| ██▇▅▄▃▃▁ | Cost of Funds (%) | 1.76% | 1.81% | 1.69% | 1.56% | 1.51% | 1.40% | 1.42% | 1.24% |
| ▁▅▃▂▇▂█▅ | NPA / Assets (%) | 0.09% | 0.13% | 0.11% | 0.10% | 0.15% | 0.10% | 0.17% | 0.13% |
| ▁▆▃▃█▂█▆ | Net Charge-Off Ratio (%) | 0.16% | 0.26% | 0.20% | 0.20% | 0.30% | 0.20% | 0.30% | 0.25% |
| ▁▃▂▄▄▇██ | Tang. Book Value ($M) | $11 | $12 | $11 | $12 | $12 | $14 | $14 | $14 |
| ▂▁▂▄▃▆█▆ | Gross Loans ($M) | $80 | $77 | $79 | $82 | $80 | $83 | $87 | $84 |
| ▆▁▄██▆▄█ | Total Deposits ($M) | $142 | $137 | $139 | $143 | $143 | $141 | $140 | $144 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 1% |
| Consumer | 7% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |