Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.40% | -0.10 | 1.51% |
| Return on Equity (%) | ▼ | 10.42% | -0.97 | 11.39% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.16 | 4.30% |
| Efficiency Ratio (%) | ▼ | 67.25% | +4.51 | 62.73% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.35% | -0.11 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $218 | +7.92 | $210 |
| Gross Loans ($M) | ▲ | $140 | +8.87 | $131 |
| Loan Growth YoY (%) | ▲ | 73.22% | +2.29 | 70.92% |
| Total Deposits ($M) | ▲ | $187 | +6.27 | $181 |
| Shareholders Equity ($M) | ▲ | $29 | +1.11 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +1.11 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +1.34 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 73.22% | +2.29 | 70.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.10 | 0.33% |
| Allowance / Loans (%) | — | 1.91% | -0.03% | 1.94% |
| Net Charge-Off Ratio (%) | ▼ | 0.65% | +0.12 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇█▁▅▅▅▄ | Net Interest Margin (%) | 4.68% | 4.61% | 4.64% | 4.30% | 4.52% | 4.50% | 4.54% | 4.46% |
| █▆▅▁▁▁▁▁ | Return on Assets (%) | 4.47% | 3.50% | 2.96% | 1.51% | 1.69% | 1.62% | 1.50% | 1.40% |
| ▁▂▄▇▇▇██ | Efficiency Ratio (%) | 36.8% | 42.8% | 48.4% | 62.7% | 61.3% | 62.9% | 64.2% | 67.2% |
| ▆█▇▃▃▄▄▁ | Cost of Funds (%) | 1.55% | 1.65% | 1.60% | 1.46% | 1.43% | 1.47% | 1.47% | 1.35% |
| ▂█▄▁▃▅▆▃ | NPA / Assets (%) | 0.39% | 0.62% | 0.45% | 0.33% | 0.43% | 0.51% | 0.52% | 0.44% |
| ▂█▆▁▅██▄ | Net Charge-Off Ratio (%) | 0.58% | 0.79% | 0.72% | 0.53% | 0.67% | 0.77% | 0.77% | 0.65% |
| ▁▄▃▅▆███ | Tang. Book Value ($M) | $26 | $27 | $27 | $28 | $28 | $29 | $29 | $29 |
| ▁▁▁▃▄▆██ | Gross Loans ($M) | $127 | $127 | $128 | $131 | $133 | $136 | $138 | $140 |
| ▁▂▁▄▃▆▅█ | Total Deposits ($M) | $177 | $179 | $176 | $181 | $179 | $183 | $183 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 8% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 10% |