Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.40% | -0.09 | 2.48% |
| Return on Equity (%) | ▼ | 17.49% | -1.93 | 19.42% |
| Net Interest Margin (%) | ▼ | 5.60% | -0.35 | 5.95% |
| Efficiency Ratio (%) | ▼ | 59.59% | +0.65 | 58.94% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.05 | $1 |
| Cost of Funds (%) | ▲ | 0.28% | -0.04 | 0.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $223 | -7.13 | $230 |
| Gross Loans ($M) | ▼ | $159 | -5.84 | $165 |
| Loan Growth YoY (%) | ▲ | 85.15% | +1.24 | 83.91% |
| Total Deposits ($M) | ▼ | $185 | -9.69 | $195 |
| Shareholders Equity ($M) | ▲ | $32 | +1.98 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +1.98 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 85.15% | +1.24 | 83.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 0.90% | 0.03% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.93% | +1.70 | 16.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▅▇█▅▁ | Net Interest Margin (%) | 6.19% | 6.26% | 6.24% | 5.95% | 6.14% | 6.20% | 5.94% | 5.60% |
| ▇█▁█▇█▄▇ | Return on Assets (%) | 2.42% | 2.44% | 1.99% | 2.48% | 2.37% | 2.44% | 2.21% | 2.40% |
| ▂▂█▁▃▂▅▁ | Efficiency Ratio (%) | 61.2% | 61.1% | 68.3% | 58.9% | 61.5% | 60.9% | 64.4% | 59.6% |
| ▁█▅▄▅▄▃▂ | Cost of Funds (%) | 0.26% | 0.41% | 0.35% | 0.32% | 0.34% | 0.32% | 0.31% | 0.28% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
| ▁▃▃▅▃▅▆█ | Tang. Book Value ($M) | $27 | $28 | $28 | $30 | $28 | $30 | $30 | $32 |
| ▃█▄▅█▄▂▁ | Gross Loans ($M) | $163 | $170 | $165 | $165 | $171 | $164 | $162 | $159 |
| ██▄█▃▄█▁ | Total Deposits ($M) | $195 | $195 | $189 | $195 | $188 | $190 | $195 | $185 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 10% |
| Agricultural | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 1% |