Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.08% | +0.45 | 0.62% |
| Return on Equity (%) | ▲ | 7.85% | +3.23 | 4.62% |
| Net Interest Margin (%) | ▲ | 4.23% | +0.32 | 3.91% |
| Efficiency Ratio (%) | ▲ | 65.74% | -8.41 | 74.15% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $0 |
| Cost of Funds (%) | ▼ | 1.90% | +0.02 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +17.30 | $173 |
| Gross Loans ($M) | ▲ | $141 | +15.23 | $126 |
| Loan Growth YoY (%) | ▲ | 87.23% | +1.44 | 85.79% |
| Total Deposits ($M) | ▲ | $160 | +14.87 | $145 |
| Shareholders Equity ($M) | ▲ | $27 | +2.83 | $24 |
| Tang. Book Value ($M) | ▲ | $23 | +2.85 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 87.23% | +1.44 | 85.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.11 | 0.06% |
| Allowance / Loans (%) | — | 1.28% | -0.02% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.15 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▂▆█▆█ | Net Interest Margin (%) | 3.81% | 3.86% | 3.88% | 3.91% | 4.12% | 4.19% | 4.11% | 4.23% |
| ▅▆▇▁▆▇█▆ | Return on Assets (%) | 1.04% | 1.13% | 1.18% | 0.62% | 1.13% | 1.24% | 1.35% | 1.08% |
| ▂▁▁█▂▁▁▃ | Efficiency Ratio (%) | 63.6% | 62.0% | 62.6% | 74.1% | 64.1% | 63.0% | 62.6% | 65.7% |
| ▁▂▂▅▅█▂▆ | Cost of Funds (%) | 1.77% | 1.81% | 1.80% | 1.89% | 1.87% | 1.96% | 1.82% | 1.90% |
| █▅▃▁▁▁▂▆ | NPA / Assets (%) | 0.25% | 0.15% | 0.10% | 0.06% | 0.04% | 0.05% | 0.07% | 0.17% |
| █▄▄▁▁▁▂▆ | Net Charge-Off Ratio (%) | 0.30% | 0.15% | 0.15% | 0.08% | 0.06% | 0.07% | 0.10% | 0.23% |
| ▅▇▁▁▃▅▇█ | Tang. Book Value ($M) | $21 | $22 | $20 | $20 | $21 | $21 | $22 | $23 |
| ▁▁▁▄▅▅▆█ | Gross Loans ($M) | $117 | $119 | $120 | $126 | $132 | $132 | $133 | $141 |
| ▁▁▅▃▄▄█▆ | Total Deposits ($M) | $137 | $132 | $155 | $145 | $148 | $150 | $170 | $160 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 7% |
| Agricultural | 18% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 17% |