Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.68% | -0.03 | 1.71% |
| Return on Equity (%) | ▼ | 11.60% | -1.34 | 12.94% |
| Net Interest Margin (%) | ▲ | 3.26% | +0.11 | 3.15% |
| Efficiency Ratio (%) | ▼ | 51.08% | +2.59 | 48.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.88% | -0.08 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $205 | +11.05 | $194 |
| Gross Loans ($M) | ▼ | $92 | -2.21 | $94 |
| Loan Growth YoY (%) | ▼ | 51.82% | -3.64 | 55.46% |
| Total Deposits ($M) | ▲ | $174 | +7.13 | $166 |
| Shareholders Equity ($M) | ▲ | $30 | +4.02 | $26 |
| Tang. Book Value ($M) | ▲ | $30 | +4.02 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +4.49 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 51.82% | -3.64 | 55.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 2.30% | 0.23% | 2.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇██▇ | Net Interest Margin (%) | 2.72% | 2.80% | 2.89% | 3.15% | 3.27% | 3.34% | 3.35% | 3.26% |
| ▁▃▄█▇▇██ | Return on Assets (%) | 1.20% | 1.35% | 1.40% | 1.71% | 1.64% | 1.65% | 1.71% | 1.68% |
| █▇▅▁▁▁▁▃ | Efficiency Ratio (%) | 56.8% | 55.7% | 53.5% | 48.5% | 48.9% | 48.4% | 48.7% | 51.1% |
| ██▅▂▂▁▁▁ | Cost of Funds (%) | 2.29% | 2.31% | 2.11% | 1.96% | 1.97% | 1.86% | 1.87% | 1.88% |
| ▁▁▁▁▁█▅█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.01% | 0.02% |
| ▁▁▁▁▁▇▅█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.03% | 0.05% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $23 | $26 | $24 | $26 | $27 | $29 | $29 | $30 |
| ▁▁▄▆▆█▇▅ | Gross Loans ($M) | $84 | $85 | $90 | $94 | $95 | $98 | $95 | $92 |
| ▃▁▃▅▄▆██ | Total Deposits ($M) | $160 | $155 | $161 | $166 | $162 | $167 | $174 | $174 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 18% |
| Agricultural | 24% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 34% |