Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.43% | -0.48 | 1.91% |
| Return on Equity (%) | ▼ | 12.16% | -3.54 | 15.70% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.33 | 3.85% |
| Efficiency Ratio (%) | ▼ | 50.48% | +2.79 | 47.68% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 2.40% | -0.21 | 2.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $165 | +19.94 | $145 |
| Gross Loans ($M) | ▲ | $127 | +16.76 | $110 |
| Loan Growth YoY (%) | ▲ | 87.30% | +0.97 | 86.33% |
| Total Deposits ($M) | ▲ | $143 | +17.57 | $125 |
| Shareholders Equity ($M) | ▲ | $20 | +1.97 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +1.97 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 87.30% | +0.97 | 86.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.08% | +0.95 | 0.13% |
| Allowance / Loans (%) | — | 1.51% | -0.04% | 1.55% |
| Net Charge-Off Ratio (%) | ▼ | 1.40% | +1.25 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▄▁▂▂▄▅ | Net Interest Margin (%) | 4.50% | 4.26% | 4.16% | 3.85% | 3.93% | 3.99% | 4.16% | 4.18% |
| ▂▁▁█▃▂▃▂ | Return on Assets (%) | 1.44% | 1.33% | 1.36% | 1.91% | 1.53% | 1.47% | 1.54% | 1.43% |
| ▅▇▇▁▇█▆▅ | Efficiency Ratio (%) | 50.5% | 51.7% | 51.6% | 47.7% | 52.0% | 52.7% | 50.9% | 50.5% |
| ▃██▃▄▅▅▁ | Cost of Funds (%) | 2.64% | 3.10% | 3.08% | 2.60% | 2.67% | 2.79% | 2.79% | 2.40% |
| ▁▁▃▁█▇▄▇ | NPA / Assets (%) | 0.09% | 0.07% | 0.50% | 0.13% | 1.24% | 1.01% | 0.58% | 1.08% |
| ▁▁▃▁█▇▄▇ | Net Charge-Off Ratio (%) | 0.09% | 0.08% | 0.65% | 0.16% | 1.61% | 1.28% | 0.74% | 1.40% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $16 | $17 | $17 | $17 | $18 | $18 | $19 | $19 |
| ▁▂▁▃▅█▇▇ | Gross Loans ($M) | $101 | $107 | $105 | $110 | $119 | $132 | $126 | $127 |
| ▁▄▄▅▇█▇█ | Total Deposits ($M) | $99 | $121 | $121 | $125 | $137 | $147 | $139 | $143 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 10% |
| Agricultural | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 12% |