Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.18 | 1.33% |
| Return on Equity (%) | ▼ | 13.67% | -0.12 | 13.79% |
| Net Interest Margin (%) | ▲ | 5.58% | +0.49 | 5.09% |
| Efficiency Ratio (%) | ▲ | 61.91% | -0.09 | 62.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.25 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $176 | -3.49 | $179 |
| Gross Loans ($M) | ▼ | $138 | -3.48 | $141 |
| Loan Growth YoY (%) | ▼ | 88.59% | -0.54 | 89.13% |
| Total Deposits ($M) | ▼ | $154 | -2.95 | $157 |
| Shareholders Equity ($M) | ▲ | $20 | +2.35 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +2.52 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 88.59% | -0.54 | 89.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.16 | 0.18% |
| Allowance / Loans (%) | — | 1.10% | 0.02% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.20 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄▆█ | Net Interest Margin (%) | 5.14% | 5.14% | 5.12% | 5.09% | 5.24% | 5.29% | 5.44% | 5.58% |
| ▂▂▂▁▅▅█▆ | Return on Assets (%) | 1.37% | 1.37% | 1.40% | 1.33% | 1.50% | 1.49% | 1.61% | 1.51% |
| ▆▇▆█▅▄▁█ | Efficiency Ratio (%) | 60.9% | 61.5% | 60.9% | 62.0% | 60.4% | 60.3% | 58.6% | 61.9% |
| ▇██▇▅▃▂▁ | Cost of Funds (%) | 1.99% | 2.05% | 2.07% | 2.00% | 1.94% | 1.84% | 1.79% | 1.75% |
| ▂▁▃▄▂▅█▁ | NPA / Assets (%) | 0.10% | 0.06% | 0.17% | 0.18% | 0.11% | 0.24% | 0.43% | 0.02% |
| ▂▁▃▄▂▅█▁ | Net Charge-Off Ratio (%) | 0.13% | 0.08% | 0.21% | 0.22% | 0.14% | 0.31% | 0.55% | 0.02% |
| ▁▂▂▃▅▆▇█ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $17 | $17 | $18 | $19 |
| ▁▅▆██▅▃▄ | Gross Loans ($M) | $135 | $139 | $140 | $141 | $141 | $139 | $137 | $138 |
| ▇▁▆▇▅█▁▃ | Total Deposits ($M) | $157 | $152 | $156 | $157 | $155 | $158 | $152 | $154 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 18% |