Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.19% | +0.37 | 0.82% |
| Return on Equity (%) | ▲ | 13.56% | +2.32 | 11.24% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.66 | 3.79% |
| Efficiency Ratio (%) | ▲ | 70.67% | -5.97 | 76.64% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 0.87% | -0.17 | 1.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $105 | +0.56 | $104 |
| Gross Loans ($M) | ▲ | $73 | +8.87 | $64 |
| Loan Growth YoY (%) | ▲ | 85.41% | +12.52 | 72.89% |
| Total Deposits ($M) | ▼ | $85 | -2.48 | $87 |
| Shareholders Equity ($M) | ▲ | $9 | +1.20 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.20 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +0.84 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 85.41% | +12.52 | 72.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.41% | +0.41 | 0.00% |
| Allowance / Loans (%) | — | 1.09% | -0.08% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.59 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.73% | -0.23 | 12.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 3.12% | 3.20% | 3.29% | 3.79% | 3.87% | 4.02% | 4.09% | 4.46% |
| ▁▁▁▄▅▆▆█ | Return on Assets (%) | 0.53% | 0.54% | 0.60% | 0.82% | 0.90% | 0.99% | 0.99% | 1.19% |
| ██▇▆▄▂▃▁ | Efficiency Ratio (%) | 80.2% | 79.0% | 78.5% | 76.6% | 74.4% | 72.8% | 73.5% | 70.7% |
| █▆▄▃▄▃▂▁ | Cost of Funds (%) | 1.47% | 1.32% | 1.16% | 1.04% | 1.13% | 1.06% | 1.00% | 0.87% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.59% |
| ▁▅▄▅▆███ | Tang. Book Value ($M) | $6 | $8 | $7 | $8 | $8 | $9 | $9 | $9 |
| ▃▁▁▁▄▄▅█ | Gross Loans ($M) | $67 | $65 | $64 | $64 | $68 | $68 | $69 | $73 |
| ▆▆█▃▂▇▅▁ | Total Deposits ($M) | $91 | $91 | $93 | $87 | $87 | $92 | $90 | $85 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 22% |
| Agricultural | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 8% |