Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.47% | +0.63 | 1.84% |
| Return on Equity (%) | ▲ | 25.36% | +7.11 | 18.25% |
| Net Interest Margin (%) | ▲ | 5.00% | +0.67 | 4.33% |
| Efficiency Ratio (%) | ▲ | 47.17% | -6.28 | 53.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.49 | $1 |
| Cost of Funds (%) | ▲ | 1.95% | -0.42 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $198 | +33.28 | $165 |
| Gross Loans ($M) | ▲ | $171 | +36.36 | $135 |
| Loan Growth YoY (%) | ▲ | 95.66% | +4.29 | 91.37% |
| Total Deposits ($M) | ▲ | $177 | +31.21 | $146 |
| Shareholders Equity ($M) | ▲ | $20 | +2.12 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.12 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 95.66% | +4.29 | 91.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.61 | 0.61% |
| Allowance / Loans (%) | — | 0.98% | -0.09% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.74 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 3.57% | 3.60% | 3.79% | 4.33% | 4.46% | 4.62% | 4.66% | 5.00% |
| ▄▁▁▃▄▅▅█ | Return on Assets (%) | 1.94% | 1.65% | 1.60% | 1.84% | 1.98% | 2.08% | 2.14% | 2.47% |
| ███▅▄▃▄▁ | Efficiency Ratio (%) | 58.6% | 59.2% | 59.7% | 53.5% | 52.3% | 50.9% | 53.3% | 47.2% |
| ▅█▅▅▃▂▁▁ | Cost of Funds (%) | 2.35% | 2.74% | 2.42% | 2.37% | 2.22% | 2.06% | 1.95% | 1.95% |
| ▇▁███▆▅▁ | NPA / Assets (%) | 0.48% | 0.00% | 0.55% | 0.61% | 0.60% | 0.38% | 0.35% | 0.00% |
| ▇▁███▆▅▁ | Net Charge-Off Ratio (%) | 0.64% | 0.00% | 0.70% | 0.74% | 0.70% | 0.47% | 0.44% | 0.00% |
| ▁▃▁▂▄▆▆█ | Tang. Book Value ($M) | $17 | $18 | $17 | $18 | $18 | $19 | $19 | $20 |
| ▁▃▄▃▄▅▇█ | Gross Loans ($M) | $118 | $133 | $143 | $135 | $142 | $150 | $160 | $171 |
| ▁▃▆▃▃▆██ | Total Deposits ($M) | $131 | $149 | $163 | $146 | $146 | $165 | $181 | $177 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 10% |
| Agricultural | 29% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 18% |