Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.15% | -0.65 | 1.79% |
| Return on Equity (%) | ▼ | 12.90% | -7.99 | 20.89% |
| Net Interest Margin (%) | ▼ | 3.57% | -0.30 | 3.86% |
| Efficiency Ratio (%) | ▼ | 65.42% | +10.82 | 54.61% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.16 | $1 |
| Cost of Funds (%) | ▼ | 1.24% | +0.79 | 0.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $187 | -4.55 | $192 |
| Gross Loans ($M) | ▲ | $98 | +13.21 | $84 |
| Loan Growth YoY (%) | ▲ | 56.50% | +9.58 | 46.91% |
| Total Deposits ($M) | ▼ | $170 | -6.89 | $177 |
| Shareholders Equity ($M) | ▲ | $17 | +1.87 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.87 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.99 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 56.50% | +9.58 | 46.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.57% | -0.05% | 1.62% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇██▆▇▄▂▁ | Net Interest Margin (%) | 3.94% | 4.01% | 4.00% | 3.86% | 3.94% | 3.76% | 3.63% | 3.57% |
| ▃▃▂██▇▃▁ | Return on Assets (%) | 1.31% | 1.35% | 1.23% | 1.79% | 1.79% | 1.65% | 1.34% | 1.15% |
| █▇█▁▁▂▅▆ | Efficiency Ratio (%) | 68.4% | 67.7% | 69.7% | 54.6% | 54.6% | 57.0% | 63.0% | 65.4% |
| ▂▂▂▁▆██▆ | Cost of Funds (%) | 0.62% | 0.63% | 0.73% | 0.46% | 1.23% | 1.65% | 1.54% | 1.24% |
| ▁█▁▁▁▇▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁█▁▁▁▇▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▄▆███ | Tang. Book Value ($M) | $13 | $15 | $14 | $15 | $16 | $17 | $17 | $17 |
| ▁▁▂▄▆███ | Gross Loans ($M) | $74 | $74 | $79 | $84 | $90 | $95 | $96 | $98 |
| ▂▁▂█▇▆█▇ | Total Deposits ($M) | $130 | $121 | $133 | $177 | $170 | $160 | $177 | $170 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 9% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 41% |