Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.84% | -0.77 | 3.61% |
| Return on Equity (%) | ▼ | 19.48% | -6.54 | 26.02% |
| Net Interest Margin (%) | ▼ | 5.26% | -0.73 | 5.99% |
| Efficiency Ratio (%) | ▼ | 47.16% | +6.19 | 40.96% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.16 | $1 |
| Cost of Funds (%) | ▼ | 1.23% | +0.13 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +4.73 | $113 |
| Gross Loans ($M) | ▲ | $67 | +6.22 | $60 |
| Loan Growth YoY (%) | ▲ | 65.21% | +4.03 | 61.19% |
| Total Deposits ($M) | ▲ | $100 | +3.53 | $96 |
| Shareholders Equity ($M) | ▲ | $16 | +1.31 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.31 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 65.21% | +4.03 | 61.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.06% | +0.01 | 0.05% |
| Allowance / Loans (%) | — | 2.31% | -0.18% | 2.49% |
| Net Charge-Off Ratio (%) | ▼ | 0.10% | +0.01 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.41% | +3.17 | 22.24% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▃▄▄▃▁ | Net Interest Margin (%) | 7.23% | 7.24% | 7.09% | 5.99% | 6.13% | 6.05% | 5.93% | 5.26% |
| ███▃▄▄▃▁ | Return on Assets (%) | 4.76% | 4.71% | 4.90% | 3.61% | 3.83% | 3.68% | 3.58% | 2.84% |
| ▁▁▁▄▃▄▄█ | Efficiency Ratio (%) | 35.3% | 36.0% | 36.3% | 41.0% | 38.6% | 40.2% | 41.0% | 47.2% |
| ▁▃▄▃▆▇█▇ | Cost of Funds (%) | 1.04% | 1.12% | 1.16% | 1.11% | 1.22% | 1.24% | 1.29% | 1.23% |
| ▁▁▁▄▆▇█▅ | NPA / Assets (%) | 0.01% | 0.00% | 0.01% | 0.05% | 0.07% | 0.07% | 0.10% | 0.06% |
| ▁▁▁▅▆▇█▅ | Net Charge-Off Ratio (%) | 0.02% | 0.01% | 0.02% | 0.09% | 0.13% | 0.14% | 0.17% | 0.10% |
| ▁▁▂▃▅▆█▇ | Tang. Book Value ($M) | $14 | $14 | $14 | $15 | $15 | $16 | $17 | $16 |
| █▅▅▂▁▁▅█ | Gross Loans ($M) | $67 | $64 | $64 | $60 | $60 | $59 | $63 | $67 |
| ▃▁▁▆▇▆▄█ | Total Deposits ($M) | $90 | $87 | $86 | $96 | $98 | $95 | $92 | $100 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 20% |
| Agricultural | 15% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 6% |