Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.98% | -0.06 | 1.05% |
| Return on Equity (%) | ▼ | 8.62% | -0.21 | 8.83% |
| Net Interest Margin (%) | ▲ | 4.03% | +0.31 | 3.72% |
| Efficiency Ratio (%) | ▲ | 66.21% | -2.24 | 68.44% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.90% | -0.07 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $149 | +21.51 | $127 |
| Gross Loans ($M) | ▲ | $121 | +26.61 | $94 |
| Loan Growth YoY (%) | ▲ | 93.90% | +10.76 | 83.14% |
| Total Deposits ($M) | ▲ | $127 | +15.30 | $112 |
| Shareholders Equity ($M) | ▲ | $17 | +1.38 | $15 |
| Tang. Book Value ($M) | ▲ | $13 | +1.44 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 93.90% | +10.76 | 83.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.55 | 0.55% |
| Allowance / Loans (%) | — | 1.12% | -0.10% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.75 | 0.75% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▆▆█ | Net Interest Margin (%) | 3.68% | 3.70% | 3.69% | 3.72% | 3.85% | 3.91% | 3.94% | 4.03% |
| █▇▆▂▃▂▂▁ | Return on Assets (%) | 1.39% | 1.31% | 1.28% | 1.05% | 1.10% | 1.07% | 1.08% | 0.98% |
| ▁▁▂██▆▇▆ | Efficiency Ratio (%) | 61.5% | 62.2% | 62.3% | 68.4% | 68.0% | 65.9% | 66.9% | 66.2% |
| ▄██▃▁▄█▁ | Cost of Funds (%) | 2.01% | 2.11% | 2.12% | 1.97% | 1.92% | 2.00% | 2.12% | 1.90% |
| ▁▁▁▆█▁▃▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.55% | 0.75% | 0.00% | 0.26% | 0.00% |
| ▁▁▁▇█▁▃▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.75% | 0.97% | 0.00% | 0.33% | 0.00% |
| ▁▂▂▃▄▆██ | Tang. Book Value ($M) | $11 | $12 | $11 | $12 | $12 | $13 | $13 | $13 |
| ▁▁▁▂▃▄▆█ | Gross Loans ($M) | $90 | $93 | $93 | $94 | $99 | $104 | $110 | $121 |
| ▁▁▃▃▃▇▇█ | Total Deposits ($M) | $104 | $106 | $111 | $112 | $112 | $124 | $123 | $127 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 12% |
| Agricultural | 20% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |