Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.08 | 0.75% |
| Return on Equity (%) | ▲ | 6.55% | +0.01 | 6.54% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.44 | 3.07% |
| Efficiency Ratio (%) | ▲ | 63.51% | -5.85 | 69.36% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 1.52% | -0.13 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $116 | +5.89 | $110 |
| Gross Loans ($M) | ▲ | $70 | +5.22 | $65 |
| Loan Growth YoY (%) | ▲ | 72.41% | +1.17 | 71.24% |
| Total Deposits ($M) | ▲ | $96 | +5.70 | $90 |
| Shareholders Equity ($M) | ▲ | $15 | +1.90 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.90 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.81 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 72.41% | +1.17 | 71.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.16% | -0.04% | 1.19% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.56% | +0.52 | 17.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 2.51% | 2.61% | 2.69% | 3.07% | 3.11% | 3.17% | 3.19% | 3.51% |
| ▁▁▂▇████ | Return on Assets (%) | 0.42% | 0.43% | 0.50% | 0.75% | 0.80% | 0.82% | 0.78% | 0.83% |
| █▇▆▃▃▂▁▁ | Efficiency Ratio (%) | 81.1% | 78.7% | 76.1% | 69.4% | 68.3% | 66.7% | 65.0% | 63.5% |
| █▇▄▃▄▄▂▁ | Cost of Funds (%) | 1.86% | 1.79% | 1.69% | 1.65% | 1.68% | 1.68% | 1.58% | 1.52% |
| █▂▁▁▁▁▁▁ | NPA / Assets (%) | 0.45% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▂▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.77% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $12 | $13 | $12 | $13 | $13 | $14 | $15 | $15 |
| ▁▂▂▅▄▄▇█ | Gross Loans ($M) | $60 | $61 | $62 | $65 | $64 | $65 | $68 | $70 |
| ▂▁▆▄▅▄█▇ | Total Deposits ($M) | $85 | $83 | $94 | $90 | $91 | $91 | $99 | $96 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 9% |
| Agricultural | 12% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 12% |