Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.39% | -0.38 | 1.77% |
| Return on Equity (%) | ▼ | 13.13% | -4.22 | 17.35% |
| Net Interest Margin (%) | ▲ | 5.22% | +0.24 | 4.98% |
| Efficiency Ratio (%) | ▼ | 70.08% | +9.08 | 61.00% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.23 | $1 |
| Cost of Funds (%) | ▲ | 1.19% | -0.22 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $245 | +3.18 | $242 |
| Gross Loans ($M) | ▼ | $189 | -6.14 | $196 |
| Loan Growth YoY (%) | ▼ | 86.31% | -4.35 | 90.66% |
| Total Deposits ($M) | ▲ | $217 | +3.52 | $214 |
| Shareholders Equity ($M) | ▲ | $26 | +0.88 | $25 |
| Tang. Book Value ($M) | ▲ | $24 | +0.94 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 86.31% | -4.35 | 90.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.02% | 0.09% | 0.93% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▃▁▄▇██ | Net Interest Margin (%) | 5.08% | 5.06% | 5.06% | 4.98% | 5.08% | 5.18% | 5.23% | 5.22% |
| ██▇▆██▇▁ | Return on Assets (%) | 1.87% | 1.91% | 1.84% | 1.77% | 1.89% | 1.88% | 1.79% | 1.39% |
| ▁▁▂▂▁▂▄█ | Efficiency Ratio (%) | 58.3% | 58.2% | 60.2% | 61.0% | 59.6% | 60.6% | 62.9% | 70.1% |
| ▅█▆▅▄▃▁▁ | Cost of Funds (%) | 1.43% | 1.58% | 1.48% | 1.42% | 1.35% | 1.30% | 1.24% | 1.19% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▄▆▇███ | Tang. Book Value ($M) | $22 | $23 | $23 | $23 | $24 | $24 | $24 | $24 |
| ▄▁▆█▄▅▂▂ | Gross Loans ($M) | $191 | $187 | $193 | $196 | $191 | $192 | $189 | $189 |
| ▁▁▃▆█▇▅█ | Total Deposits ($M) | $207 | $205 | $209 | $214 | $219 | $216 | $213 | $217 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 13% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 20% |