Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.88% | +0.38 | 1.49% |
| Return on Equity (%) | ▲ | 18.52% | +3.04 | 15.48% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.37 | 3.33% |
| Efficiency Ratio (%) | ▲ | 43.36% | -5.95 | 49.30% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 0.88% | -0.28 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +22.88 | $226 |
| Gross Loans ($M) | ▲ | $87 | +1.00 | $86 |
| Loan Growth YoY (%) | ▼ | 38.98% | -3.43 | 42.41% |
| Total Deposits ($M) | ▲ | $222 | +20.28 | $202 |
| Shareholders Equity ($M) | ▲ | $25 | +2.57 | $22 |
| Tang. Book Value ($M) | ▲ | $25 | +2.57 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +3.71 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 38.98% | -3.43 | 42.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.51% | 0.02% | 0.49% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 23.64% | +1.77 | 21.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▃▄▆▇█ | Net Interest Margin (%) | 3.23% | 3.21% | 3.16% | 3.33% | 3.39% | 3.55% | 3.61% | 3.70% |
| ▁▁▁▃▄▇▇█ | Return on Assets (%) | 1.34% | 1.33% | 1.35% | 1.49% | 1.60% | 1.75% | 1.78% | 1.88% |
| ███▅▃▁▁▁ | Efficiency Ratio (%) | 53.8% | 53.7% | 52.5% | 49.3% | 46.8% | 44.0% | 43.2% | 43.4% |
| ▆██▇▃▂▂▁ | Cost of Funds (%) | 1.11% | 1.22% | 1.19% | 1.16% | 0.99% | 0.95% | 0.92% | 0.88% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▂▃▄▆██ | Tang. Book Value ($M) | $21 | $22 | $22 | $22 | $23 | $24 | $24 | $25 |
| ▅█▁▂▄▅▇▄ | Gross Loans ($M) | $88 | $90 | $85 | $86 | $88 | $88 | $89 | $87 |
| ▁▂▅▄▇▇▆█ | Total Deposits ($M) | $188 | $193 | $207 | $202 | $214 | $216 | $212 | $222 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 14% |