Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.23 | 0.70% |
| Return on Equity (%) | ▲ | 9.41% | +1.74 | 7.67% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.43 | 3.75% |
| Efficiency Ratio (%) | ▲ | 69.60% | -4.73 | 74.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 1.91% | -0.19 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $262 | +5.94 | $256 |
| Gross Loans ($M) | ▲ | $214 | +6.40 | $208 |
| Loan Growth YoY (%) | ▲ | 90.48% | +1.42 | 89.06% |
| Total Deposits ($M) | ▲ | $234 | +3.27 | $231 |
| Shareholders Equity ($M) | ▲ | $26 | +2.86 | $23 |
| Tang. Book Value ($M) | ▲ | $26 | +2.83 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 90.48% | +1.42 | 89.06% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.30 | 0.64% |
| Allowance / Loans (%) | — | 1.13% | 0.05% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.15% | +0.42 | 0.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▆▇█ | Net Interest Margin (%) | 3.62% | 3.64% | 3.68% | 3.75% | 3.89% | 3.97% | 4.05% | 4.18% |
| ▂▁▂▁▄▇██ | Return on Assets (%) | 0.75% | 0.73% | 0.75% | 0.70% | 0.82% | 0.91% | 0.97% | 0.93% |
| ▇▇▇█▄▃▁▁ | Efficiency Ratio (%) | 73.3% | 73.5% | 73.2% | 74.3% | 71.5% | 70.4% | 69.0% | 69.6% |
| ▅██▆▄▅▄▁ | Cost of Funds (%) | 2.07% | 2.22% | 2.20% | 2.11% | 2.06% | 2.10% | 2.04% | 1.91% |
| ▂▂▂▂▁▁▄█ | NPA / Assets (%) | 0.64% | 0.65% | 0.67% | 0.64% | 0.63% | 0.59% | 0.75% | 0.94% |
| ▂▂▁▁▁▁▃█ | Net Charge-Off Ratio (%) | 0.78% | 0.77% | 0.73% | 0.73% | 0.75% | 0.71% | 0.86% | 1.15% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $21 | $22 | $22 | $23 | $23 | $24 | $25 | $26 |
| ▁▁▂▄▄▇█▇ | Gross Loans ($M) | $201 | $202 | $203 | $208 | $208 | $215 | $218 | $214 |
| ▁▁▄▇▄▇▇█ | Total Deposits ($M) | $217 | $217 | $223 | $231 | $224 | $231 | $231 | $234 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 8% |