Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.21% | +0.88 | 1.32% |
| Return on Equity (%) | ▲ | 27.69% | +10.46 | 17.23% |
| Net Interest Margin (%) | ▲ | 4.43% | +0.63 | 3.80% |
| Efficiency Ratio (%) | ▲ | 51.94% | -12.15 | 64.09% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.45 | $1 |
| Cost of Funds (%) | ▲ | 1.92% | -0.21 | 2.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +3.72 | $177 |
| Gross Loans ($M) | ▲ | $147 | +4.03 | $143 |
| Loan Growth YoY (%) | ▲ | 88.09% | +1.14 | 86.95% |
| Total Deposits ($M) | ▲ | $165 | +2.62 | $162 |
| Shareholders Equity ($M) | ▲ | $15 | +1.61 | $13 |
| Tang. Book Value ($M) | ▲ | $15 | +1.61 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 88.09% | +1.14 | 86.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.20 | 0.21% |
| Allowance / Loans (%) | — | 1.03% | -0.12% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.25 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.04% | +0.84 | 10.21% |
Noninterest income ($0.29M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▃▁▁▁▁█ | Net Interest Margin (%) | 3.97% | 3.99% | 4.01% | 3.80% | 3.87% | 3.84% | 3.86% | 4.43% |
| ▃▃▂▁▂▃▂█ | Return on Assets (%) | 1.55% | 1.60% | 1.52% | 1.32% | 1.52% | 1.62% | 1.49% | 2.21% |
| ▇▆▇█▇▆█▁ | Efficiency Ratio (%) | 62.5% | 60.8% | 62.5% | 64.1% | 62.0% | 60.8% | 63.0% | 51.9% |
| ▂▇█▅██▄▁ | Cost of Funds (%) | 1.97% | 2.21% | 2.27% | 2.13% | 2.29% | 2.27% | 2.09% | 1.92% |
| ▁▃▃█▇▆▁▁ | NPA / Assets (%) | 0.01% | 0.07% | 0.06% | 0.21% | 0.17% | 0.16% | 0.02% | 0.01% |
| ▁▂▂█▇▇▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.08% | 0.08% | 0.27% | 0.21% | 0.22% | 0.02% | 0.01% |
| ▁▂▂▃▅▆▆█ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $14 | $15 |
| ▆▃▂▆▅▁▁█ | Gross Loans ($M) | $142 | $139 | $137 | $143 | $142 | $134 | $135 | $147 |
| ▃▁▁▅▄▇█▇ | Total Deposits ($M) | $156 | $150 | $151 | $162 | $158 | $165 | $169 | $165 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 13% |
| Agricultural | 3% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 16% |