Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.20 | 1.13% |
| Return on Equity (%) | ▼ | 13.92% | -0.32 | 14.24% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.57 | 3.61% |
| Efficiency Ratio (%) | ▲ | 61.07% | -1.96 | 63.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.73% | -0.21 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $146 | +6.05 | $140 |
| Gross Loans ($M) | ▲ | $116 | +9.25 | $107 |
| Loan Growth YoY (%) | ▲ | 94.04% | +5.05 | 88.99% |
| Total Deposits ($M) | ▲ | $123 | +3.33 | $119 |
| Shareholders Equity ($M) | ▲ | $14 | +2.90 | $11 |
| Tang. Book Value ($M) | ▲ | $14 | +2.81 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 94.04% | +5.05 | 88.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.01% | 0.01% | 1.01% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -13.59 | 13.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▃▁▂▄▅█ | Net Interest Margin (%) | 3.84% | 3.77% | 3.78% | 3.61% | 3.75% | 3.83% | 3.97% | 4.18% |
| ▁▁▁▆▅▅▆█ | Return on Assets (%) | 0.62% | 0.55% | 0.56% | 1.13% | 0.94% | 0.98% | 1.09% | 1.33% |
| ▇██▁▃▂▁▁ | Efficiency Ratio (%) | 76.5% | 78.7% | 79.4% | 63.0% | 67.5% | 64.0% | 62.4% | 61.1% |
| ▅██▆█▄▃▁ | Cost of Funds (%) | 1.89% | 2.02% | 1.99% | 1.95% | 2.02% | 1.87% | 1.82% | 1.73% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.00% |
| ▁▁▁▂▆▇██ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $13 | $13 | $14 | $14 |
| ▁▁▁▁▃▆█▇ | Gross Loans ($M) | $108 | $107 | $107 | $107 | $110 | $115 | $118 | $116 |
| ▁▃▃▆▃▇▇█ | Total Deposits ($M) | $111 | $114 | $115 | $119 | $115 | $121 | $120 | $123 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 14% |