Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.23% | +0.08 | 1.15% |
| Return on Equity (%) | ▲ | 13.40% | +0.88 | 12.52% |
| Net Interest Margin (%) | ▲ | 3.01% | +0.01 | 3.01% |
| Efficiency Ratio (%) | ▲ | 54.64% | -0.59 | 55.23% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▼ | 2.43% | +0.15 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $270 | +2.73 | $267 |
| Gross Loans ($M) | ▲ | $231 | +11.46 | $219 |
| Loan Growth YoY (%) | ▲ | 113.68% | +7.75 | 105.93% |
| Total Deposits ($M) | ▼ | $200 | -4.45 | $204 |
| Shareholders Equity ($M) | ▲ | $25 | +0.25 | $25 |
| Tang. Book Value ($M) | ▲ | $25 | +0.25 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 113.68% | +7.75 | 105.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.48% | 0.23% | 1.24% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.22% | -0.11 | 10.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▆▁▃▅█▁ | Net Interest Margin (%) | 3.16% | 3.12% | 3.14% | 3.01% | 3.05% | 3.10% | 3.19% | 3.01% |
| █▇▇▁▄▆▃▃ | Return on Assets (%) | 1.41% | 1.37% | 1.37% | 1.15% | 1.26% | 1.32% | 1.24% | 1.23% |
| ▁▂▂█▅▄▁█ | Efficiency Ratio (%) | 49.7% | 50.7% | 51.0% | 55.2% | 53.0% | 52.0% | 50.3% | 54.6% |
| ▁█▂▄████ | Cost of Funds (%) | 2.16% | 2.47% | 2.21% | 2.28% | 2.44% | 2.47% | 2.43% | 2.43% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▇▆▆▇█ | Tang. Book Value ($M) | $24 | $24 | $24 | $25 | $25 | $25 | $25 | $25 |
| ▁▁▂▃▄▅█▇ | Gross Loans ($M) | $213 | $211 | $216 | $219 | $222 | $223 | $234 | $231 |
| ▂▁▂█▃▂▆▄ | Total Deposits ($M) | $198 | $196 | $198 | $204 | $199 | $198 | $202 | $200 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 28% |