Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.54% | +0.56 | 1.97% |
| Return on Equity (%) | ▲ | 33.91% | +12.83 | 21.08% |
| Net Interest Margin (%) | ▼ | 4.97% | -1.29 | 6.27% |
| Efficiency Ratio (%) | ▲ | 51.58% | -3.39 | 54.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▼ | 0.86% | +0.45 | 0.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +41.50 | $71 |
| Gross Loans ($M) | ▼ | $43 | -1.18 | $44 |
| Loan Growth YoY (%) | ▼ | 40.00% | -26.91 | 66.91% |
| Total Deposits ($M) | ▲ | $105 | +40.42 | $64 |
| Shareholders Equity ($M) | ▲ | $8 | +1.13 | $7 |
| Tang. Book Value ($M) | ▲ | $8 | +1.13 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +2.78 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 40.00% | -26.91 | 66.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.07 | 0.24% |
| Allowance / Loans (%) | — | 2.11% | -0.15% | 2.26% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.07 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.93% | +1.25 | 16.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇██▇▅▅▁ | Net Interest Margin (%) | 5.98% | 6.10% | 6.16% | 6.27% | 5.95% | 5.72% | 5.71% | 4.97% |
| ▇██▁▆▁▁▆ | Return on Assets (%) | 2.62% | 2.77% | 2.81% | 1.97% | 2.51% | 1.91% | 1.98% | 2.54% |
| ▄▃▃▃▁██▁ | Efficiency Ratio (%) | 57.4% | 55.7% | 55.2% | 55.0% | 52.6% | 63.6% | 63.5% | 51.6% |
| ▁▂▁▁▂▆█▆ | Cost of Funds (%) | 0.49% | 0.57% | 0.42% | 0.41% | 0.53% | 0.90% | 1.08% | 0.86% |
| ▁▁▆▃█▁▁▁ | NPA / Assets (%) | 0.17% | 0.17% | 0.33% | 0.24% | 0.44% | 0.15% | 0.15% | 0.18% |
| ▁▁▄▂█▁▁▃ | Net Charge-Off Ratio (%) | 0.26% | 0.27% | 0.54% | 0.40% | 0.84% | 0.31% | 0.32% | 0.47% |
| ▁▄▃▄▆▇██ | Tang. Book Value ($M) | $6 | $7 | $7 | $7 | $7 | $8 | $8 | $8 |
| ▇▆▃▄███▁ | Gross Loans ($M) | $45 | $45 | $44 | $44 | $45 | $46 | $45 | $43 |
| ▁▁▁▁▄▆▅█ | Total Deposits ($M) | $63 | $64 | $64 | $64 | $79 | $89 | $88 | $105 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 17% |
| Agricultural | 6% |
| Consumer | 20% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 47% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 9% |