Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.22 | 1.26% |
| Return on Equity (%) | ▼ | 14.65% | -0.12 | 14.77% |
| Net Interest Margin (%) | ▲ | 2.74% | +0.38 | 2.36% |
| Efficiency Ratio (%) | ▲ | 45.68% | -0.98 | 46.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.15 | 1.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $299 | +7.66 | $291 |
| Gross Loans ($M) | ▲ | $166 | +16.75 | $149 |
| Loan Growth YoY (%) | ▲ | 62.81% | +6.08 | 56.74% |
| Total Deposits ($M) | ▲ | $264 | +1.28 | $262 |
| Shareholders Equity ($M) | ▲ | $29 | +3.48 | $25 |
| Tang. Book Value ($M) | ▲ | $29 | +3.48 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +4.01 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 62.81% | +6.08 | 56.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.00% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.27% | -0.03% | 0.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.26% | -0.69 | 13.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▆█ | Net Interest Margin (%) | 2.15% | 2.17% | 2.24% | 2.36% | 2.47% | 2.53% | 2.59% | 2.74% |
| ▁▁▁▄▆▇▆█ | Return on Assets (%) | 1.08% | 1.07% | 1.04% | 1.26% | 1.33% | 1.38% | 1.36% | 1.48% |
| ▆▆█▂▂▁▂▁ | Efficiency Ratio (%) | 50.5% | 50.8% | 53.4% | 46.7% | 45.9% | 44.7% | 46.8% | 45.7% |
| ██▁▄▅▄▂▂ | Cost of Funds (%) | 2.16% | 2.21% | 1.61% | 1.87% | 1.91% | 1.84% | 1.70% | 1.72% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.00% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.07% | 0.01% |
| ▁▃▃▃▅▇█▆ | Tang. Book Value ($M) | $21 | $25 | $24 | $25 | $28 | $31 | $32 | $29 |
| ▂▂▄▁▁▂█▆ | Gross Loans ($M) | $153 | $154 | $161 | $149 | $152 | $153 | $174 | $166 |
| ▁▃▇█▅▆▄█ | Total Deposits ($M) | $239 | $247 | $258 | $262 | $254 | $255 | $249 | $264 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 24% |
| Agricultural | 21% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |