Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.57% | +0.28 | 0.30% |
| Return on Equity (%) | ▲ | 8.25% | +3.25 | 5.00% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.39 | 2.92% |
| Efficiency Ratio (%) | ▲ | 80.55% | -8.86 | 89.41% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.27 | $0 |
| Cost of Funds (%) | ▲ | 1.52% | -0.02 | 1.54% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $299 | +11.41 | $288 |
| Gross Loans ($M) | ▲ | $197 | +20.78 | $176 |
| Loan Growth YoY (%) | ▲ | 75.72% | +5.86 | 69.86% |
| Total Deposits ($M) | ▲ | $257 | +7.88 | $249 |
| Shareholders Equity ($M) | ▲ | $21 | +3.32 | $17 |
| Tang. Book Value ($M) | ▲ | $21 | +3.32 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.48 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 75.72% | +5.86 | 69.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.09% | -0.02% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.04% | -0.60 | 14.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 2.75% | 2.74% | 2.80% | 2.92% | 3.01% | 3.05% | 3.12% | 3.30% |
| ▁▁▂▂▄▅▆█ | Return on Assets (%) | 0.25% | 0.24% | 0.29% | 0.30% | 0.39% | 0.44% | 0.48% | 0.57% |
| ██▇▇▅▄▂▁ | Efficiency Ratio (%) | 91.2% | 91.1% | 89.6% | 89.4% | 86.3% | 85.1% | 83.2% | 80.6% |
| ▄█▇▄▄▂▁▂ | Cost of Funds (%) | 1.55% | 1.61% | 1.58% | 1.54% | 1.55% | 1.52% | 1.50% | 1.52% |
| ▆▄▃▃█▆▁▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% |
| ▆▄▄▃█▆▁▁ | Net Charge-Off Ratio (%) | 0.01% | 0.01% | 0.01% | 0.01% | 0.02% | 0.01% | 0.00% | 0.00% |
| ▁▅▂▄▆███ | Tang. Book Value ($M) | $15 | $18 | $16 | $17 | $19 | $21 | $21 | $21 |
| ▁▁▁▂▃▅▅█ | Gross Loans ($M) | $170 | $173 | $173 | $176 | $180 | $185 | $187 | $197 |
| ▁▂▄▆▆███ | Total Deposits ($M) | $229 | $234 | $244 | $249 | $249 | $257 | $260 | $257 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 6% |
| Agricultural | 10% |
| Consumer | 3% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 5% |