Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.51% | +0.37 | 1.14% |
| Return on Equity (%) | ▲ | 15.95% | +3.00 | 12.95% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.33 | 3.78% |
| Efficiency Ratio (%) | ▲ | 60.57% | -6.75 | 67.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.25 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $262 | +15.88 | $246 |
| Gross Loans ($M) | ▲ | $200 | +4.79 | $195 |
| Loan Growth YoY (%) | ▼ | 83.69% | -3.27 | 86.96% |
| Total Deposits ($M) | ▲ | $236 | +14.32 | $222 |
| Shareholders Equity ($M) | ▲ | $24 | +2.05 | $22 |
| Tang. Book Value ($M) | ▲ | $21 | +2.09 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 83.69% | -3.27 | 86.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.01 | 0.02% |
| Allowance / Loans (%) | — | 1.17% | 0.01% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.01 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -11.55 | 11.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅▅▆▇█ | Net Interest Margin (%) | 3.45% | 3.54% | 3.57% | 3.78% | 3.86% | 3.94% | 4.01% | 4.11% |
| ▁▁▁▄▄▅▅█ | Return on Assets (%) | 0.81% | 0.90% | 0.85% | 1.14% | 1.16% | 1.22% | 1.23% | 1.51% |
| ███▅▅▅▄▁ | Efficiency Ratio (%) | 71.2% | 70.5% | 71.8% | 67.3% | 67.3% | 66.4% | 66.1% | 60.6% |
| ▆██▆▆▆▄▁ | Cost of Funds (%) | 1.91% | 2.01% | 2.01% | 1.90% | 1.89% | 1.90% | 1.82% | 1.65% |
| ▆▁███▇▇▆ | NPA / Assets (%) | 0.02% | 0.00% | 0.02% | 0.02% | 0.03% | 0.02% | 0.02% | 0.02% |
| ▆▁███▇▇▆ | Net Charge-Off Ratio (%) | 0.02% | 0.00% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% |
| ▁▃▁▃▃▆▇█ | Tang. Book Value ($M) | $18 | $19 | $18 | $19 | $19 | $20 | $21 | $21 |
| ▁▃█▅▃▅▇▇ | Gross Loans ($M) | $188 | $192 | $202 | $195 | $193 | $196 | $200 | $200 |
| ▃▁▁▄▄▃▃█ | Total Deposits ($M) | $218 | $212 | $212 | $222 | $222 | $219 | $220 | $236 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 10% |
| Agricultural | 22% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 8% |