Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.08% | +0.56 | 1.52% |
| Return on Equity (%) | ▲ | 31.38% | +4.92 | 26.46% |
| Net Interest Margin (%) | ▲ | 3.13% | +0.44 | 2.68% |
| Efficiency Ratio (%) | ▲ | 52.94% | -9.47 | 62.41% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $0 |
| Cost of Funds (%) | ▲ | 1.00% | -0.20 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $120 | +9.97 | $110 |
| Gross Loans ($M) | ▲ | $29 | +1.00 | $28 |
| Loan Growth YoY (%) | ▼ | 26.18% | -1.19 | 27.36% |
| Total Deposits ($M) | ▲ | $110 | +8.45 | $101 |
| Shareholders Equity ($M) | ▲ | $8 | +1.13 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +1.14 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +1.62 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 26.18% | -1.19 | 27.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Allowance / Loans (%) | — | 1.59% | -0.08% | 1.68% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.11 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.77% | +0.27 | 22.50% |
Noninterest income ($0.51M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▆█ | Net Interest Margin (%) | 2.25% | 2.26% | 2.32% | 2.68% | 2.77% | 2.81% | 2.90% | 3.13% |
| ▂▁▁▄▄▄▃█ | Return on Assets (%) | 1.22% | 1.18% | 1.09% | 1.52% | 1.55% | 1.49% | 1.39% | 2.08% |
| ▆▇█▅▅▆▇▁ | Efficiency Ratio (%) | 64.4% | 65.5% | 68.4% | 62.4% | 61.4% | 62.7% | 65.4% | 52.9% |
| ▅█▄▃▂▃▂▁ | Cost of Funds (%) | 1.36% | 1.58% | 1.26% | 1.20% | 1.10% | 1.17% | 1.12% | 1.00% |
| ██▇▇▅▁▁▁ | NPA / Assets (%) | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% |
| ████▅▁▁▁ | Net Charge-Off Ratio (%) | 0.12% | 0.11% | 0.11% | 0.11% | 0.07% | 0.00% | 0.00% | 0.00% |
| ▁▂▂▃▅▇█▇ | Tang. Book Value ($M) | $5 | $6 | $6 | $6 | $7 | $7 | $8 | $7 |
| ▄▂▁▁▃▇█▃ | Gross Loans ($M) | $30 | $29 | $29 | $28 | $30 | $31 | $32 | $29 |
| ▁▂▁▃▆▆▆█ | Total Deposits ($M) | $98 | $100 | $99 | $101 | $107 | $106 | $106 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 28% |
| Agricultural | 8% |
| Consumer | 6% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 14% |