Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.12% | +0.12 | 1.00% |
| Return on Equity (%) | ▲ | 11.60% | +0.71 | 10.89% |
| Net Interest Margin (%) | ▲ | 4.81% | +0.25 | 4.56% |
| Efficiency Ratio (%) | ▲ | 69.37% | -0.99 | 70.37% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $0 |
| Cost of Funds (%) | ▼ | 1.73% | +0.05 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $152 | +11.18 | $141 |
| Gross Loans ($M) | ▲ | $125 | +10.11 | $115 |
| Loan Growth YoY (%) | ▲ | 100.66% | +4.23 | 96.43% |
| Total Deposits ($M) | ▲ | $123 | +5.03 | $118 |
| Shareholders Equity ($M) | ▲ | $15 | +1.62 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.64 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 100.66% | +4.23 | 96.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.10% | +1.02 | 0.08% |
| Allowance / Loans (%) | — | 1.10% | -0.04% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 1.34% | +1.24 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 4.32% | 4.30% | 4.41% | 4.56% | 4.63% | 4.67% | 4.71% | 4.81% |
| ▁▁▄▅▆▆▅█ | Return on Assets (%) | 0.81% | 0.80% | 0.92% | 1.00% | 1.02% | 1.00% | 0.99% | 1.12% |
| ██▃▂▁▂▃▁ | Efficiency Ratio (%) | 74.0% | 74.0% | 70.9% | 70.4% | 69.7% | 70.2% | 71.0% | 69.4% |
| █▆▃▁▁▃▃▃ | Cost of Funds (%) | 1.89% | 1.83% | 1.74% | 1.68% | 1.67% | 1.74% | 1.73% | 1.73% |
| ▂▃▃▁▃▅▃█ | NPA / Assets (%) | 0.23% | 0.38% | 0.36% | 0.08% | 0.42% | 0.63% | 0.37% | 1.10% |
| ▂▃▂▁▃▅▃█ | Net Charge-Off Ratio (%) | 0.28% | 0.49% | 0.36% | 0.10% | 0.52% | 0.78% | 0.45% | 1.34% |
| ▁▅▃▄▅▆██ | Tang. Book Value ($M) | $12 | $13 | $12 | $13 | $13 | $14 | $14 | $15 |
| ▁▁▁▁▅▄██ | Gross Loans ($M) | $115 | $114 | $114 | $115 | $120 | $120 | $124 | $125 |
| ▁█▄▂▇▅▅▇ | Total Deposits ($M) | $117 | $125 | $120 | $118 | $123 | $122 | $121 | $123 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 2% |
| Agricultural | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 21% |