Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.76% | +0.64 | 1.12% |
| Return on Equity (%) | ▲ | 17.68% | +5.72 | 11.96% |
| Net Interest Margin (%) | ▲ | 3.59% | +0.47 | 3.12% |
| Efficiency Ratio (%) | ▲ | 49.98% | -10.61 | 60.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.38 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.05 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $228 | +15.07 | $213 |
| Gross Loans ($M) | ▲ | $167 | +17.77 | $149 |
| Loan Growth YoY (%) | ▲ | 81.46% | +2.34 | 79.12% |
| Total Deposits ($M) | ▲ | $203 | +16.24 | $187 |
| Shareholders Equity ($M) | ▲ | $23 | +2.32 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +2.32 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.46 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 81.46% | +2.34 | 79.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.95% | -0.01% | 0.95% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▆█ | Net Interest Margin (%) | 2.80% | 2.86% | 2.91% | 3.12% | 3.28% | 3.37% | 3.39% | 3.59% |
| ▁▂▁▂▄▅▅█ | Return on Assets (%) | 1.06% | 1.07% | 0.96% | 1.12% | 1.31% | 1.41% | 1.46% | 1.76% |
| ▆▆█▆▄▃▃▁ | Efficiency Ratio (%) | 62.0% | 62.2% | 66.5% | 60.6% | 56.9% | 55.5% | 54.9% | 50.0% |
| ▂▇█▄▁▁▂▁ | Cost of Funds (%) | 1.58% | 1.67% | 1.71% | 1.61% | 1.55% | 1.57% | 1.57% | 1.56% |
| ▁▁█▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.23% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% |
| ▁▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.33% | 0.00% | 0.00% | 0.01% | 0.02% | 0.00% |
| ▁▆▁▂▅███ | Tang. Book Value ($M) | $20 | $22 | $20 | $20 | $21 | $22 | $22 | $23 |
| ▁▂▃▃▄▅▆█ | Gross Loans ($M) | $141 | $145 | $149 | $149 | $154 | $155 | $158 | $167 |
| ▂▁▄▄▄▄▇█ | Total Deposits ($M) | $180 | $176 | $187 | $187 | $188 | $186 | $200 | $203 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 14% |
| Agricultural | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 11% |