Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.47 | 0.54% |
| Return on Equity (%) | ▲ | 9.14% | +3.97 | 5.17% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.43 | 3.15% |
| Efficiency Ratio (%) | ▲ | 69.79% | -11.74 | 81.54% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.15 | $0 |
| Cost of Funds (%) | ▲ | 1.86% | -0.36 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $125 | -0.98 | $126 |
| Gross Loans ($M) | ▲ | $79 | +6.94 | $72 |
| Loan Growth YoY (%) | ▲ | 78.61% | +6.07 | 72.54% |
| Total Deposits ($M) | ▲ | $99 | +1.28 | $98 |
| Shareholders Equity ($M) | ▲ | $14 | +0.61 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +0.68 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +0.46 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 78.61% | +6.07 | 72.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.04% |
| Allowance / Loans (%) | — | 0.94% | -0.09% | 1.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▃▁▃▆▆█ | Net Interest Margin (%) | 3.31% | 3.30% | 3.26% | 3.15% | 3.29% | 3.42% | 3.45% | 3.58% |
| ▁▁▁▁▃▅▆█ | Return on Assets (%) | 0.54% | 0.55% | 0.57% | 0.54% | 0.70% | 0.83% | 0.88% | 1.02% |
| ████▅▃▂▁ | Efficiency Ratio (%) | 82.5% | 82.4% | 81.5% | 81.5% | 77.1% | 74.4% | 72.9% | 69.8% |
| ▆▇█▆▅▃▂▁ | Cost of Funds (%) | 2.21% | 2.27% | 2.35% | 2.22% | 2.15% | 2.02% | 1.95% | 1.86% |
| █▃▁▂▄▁▁▁ | NPA / Assets (%) | 0.28% | 0.08% | 0.00% | 0.04% | 0.13% | 0.03% | 0.03% | 0.00% |
| █▃▁▂▃▁▁▁ | Net Charge-Off Ratio (%) | 0.45% | 0.13% | 0.00% | 0.06% | 0.15% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▃▄███ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $14 | $14 | $14 |
| ▃▅▂▁▃█▅█ | Gross Loans ($M) | $74 | $76 | $73 | $72 | $74 | $79 | $75 | $79 |
| ▁▃█▇▃▁██ | Total Deposits ($M) | $92 | $94 | $98 | $98 | $94 | $92 | $99 | $99 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 9% |
| Agricultural | 26% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 81% |
| Brokered / Other | 6% |