Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.17% | -0.16 | 1.33% |
| Return on Equity (%) | ▼ | 16.55% | -7.66 | 24.21% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.81 | 2.91% |
| Efficiency Ratio (%) | ▼ | 59.05% | +4.09 | 54.95% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.34% | -0.60 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $158 | -10.47 | $169 |
| Gross Loans ($M) | ▲ | $83 | +4.17 | $79 |
| Loan Growth YoY (%) | ▲ | 56.44% | +6.86 | 49.58% |
| Total Deposits ($M) | ▼ | $146 | -12.00 | $158 |
| Shareholders Equity ($M) | ▲ | $11 | +1.55 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.55 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +0.84 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 56.44% | +6.86 | 49.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.74% | +0.74 | 0.00% |
| Allowance / Loans (%) | — | 1.17% | 0.08% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 1.40% | +1.40 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▅▆█ | Net Interest Margin (%) | 2.71% | 2.67% | 2.60% | 2.91% | 3.01% | 3.26% | 3.33% | 3.72% |
| ▆▆▅█▆▁▂▇ | Return on Assets (%) | 1.09% | 1.03% | 1.02% | 1.33% | 1.12% | 0.52% | 0.63% | 1.17% |
| ▇██▁▁▁▁▃ | Efficiency Ratio (%) | 68.2% | 70.2% | 69.2% | 55.0% | 56.2% | 55.1% | 54.5% | 59.0% |
| ▅█▇█▆▂▂▁ | Cost of Funds (%) | 1.67% | 2.00% | 1.84% | 1.94% | 1.78% | 1.45% | 1.49% | 1.34% |
| ▁▁▁▁▇▃▄█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.64% | 0.24% | 0.28% | 0.74% |
| ▁▁▁▁█▃▄█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 1.28% | 0.48% | 0.53% | 1.40% |
| ▁▅▃▄▅▆██ | Tang. Book Value ($M) | $9 | $10 | $10 | $10 | $10 | $11 | $12 | $11 |
| ▁▁▄▄▆▆█▆ | Gross Loans ($M) | $72 | $73 | $79 | $79 | $82 | $82 | $88 | $83 |
| ▁▁█▅▄▄▅▃ | Total Deposits ($M) | $135 | $134 | $175 | $158 | $155 | $151 | $156 | $146 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 24% |
| Agricultural | 25% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 7% |