Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.17 | 0.77% |
| Return on Equity (%) | ▲ | 7.94% | +0.44 | 7.50% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.11 | 4.28% |
| Efficiency Ratio (%) | ▲ | 67.27% | -4.61 | 71.88% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 2.36% | -0.18 | 2.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +19.33 | $104 |
| Gross Loans ($M) | ▲ | $108 | +21.45 | $87 |
| Loan Growth YoY (%) | ▲ | 102.03% | +9.52 | 92.51% |
| Total Deposits ($M) | ▲ | $105 | +12.22 | $93 |
| Shareholders Equity ($M) | ▲ | $14 | +4.02 | $10 |
| Tang. Book Value ($M) | ▲ | $14 | +4.02 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 102.03% | +9.52 | 92.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.37% | -0.88 | 1.26% |
| Allowance / Loans (%) | — | 1.18% | -0.10% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.43% | +0.04 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▆▄▁▃▄▅▂ | Net Interest Margin (%) | 4.73% | 4.61% | 4.50% | 4.28% | 4.42% | 4.49% | 4.51% | 4.39% |
| ▅▁▁▂▅▇█▆ | Return on Assets (%) | 0.90% | 0.74% | 0.70% | 0.77% | 0.88% | 0.99% | 1.04% | 0.94% |
| ▇██▅▄▂▁▂ | Efficiency Ratio (%) | 74.6% | 75.0% | 76.1% | 71.9% | 69.7% | 66.9% | 65.4% | 67.3% |
| ▁▇█▇█▇▆▅ | Cost of Funds (%) | 1.99% | 2.58% | 2.60% | 2.53% | 2.67% | 2.56% | 2.50% | 2.36% |
| █▇▇▆▁▁▂▁ | NPA / Assets (%) | 1.66% | 1.46% | 1.43% | 1.26% | 0.31% | 0.29% | 0.59% | 0.37% |
| ▇▃▂▂▁▁█▃ | Net Charge-Off Ratio (%) | 0.60% | 0.47% | 0.42% | 0.38% | 0.35% | 0.34% | 0.68% | 0.43% |
| ▁▁▁▂▂▃██ | Tang. Book Value ($M) | $10 | $10 | $10 | $10 | $10 | $11 | $14 | $14 |
| ▁▂▃▄▅▆▇█ | Gross Loans ($M) | $70 | $76 | $81 | $87 | $92 | $94 | $100 | $108 |
| ▁▁▁▅▅▆▇█ | Total Deposits ($M) | $74 | $73 | $74 | $93 | $92 | $94 | $100 | $105 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 17% |
| Agricultural | 10% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 39% |