Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.89% | +0.11 | 0.78% |
| Return on Equity (%) | ▲ | 6.93% | +0.61 | 6.32% |
| Net Interest Margin (%) | ▲ | 3.26% | +0.19 | 3.07% |
| Efficiency Ratio (%) | ▲ | 67.53% | -2.65 | 70.17% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.67% | -0.17 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $107 | +1.01 | $106 |
| Gross Loans ($M) | ▲ | $67 | +0.09 | $66 |
| Loan Growth YoY (%) | ▼ | 78.86% | -0.12 | 78.97% |
| Total Deposits ($M) | ▲ | $83 | +0.24 | $83 |
| Shareholders Equity ($M) | ▲ | $14 | +1.02 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.02 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.13 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 78.86% | -0.12 | 78.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.12 | 0.00% |
| Allowance / Loans (%) | — | 1.44% | -0.01% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 0.19% | +0.19 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▆▇██ | Net Interest Margin (%) | 3.27% | 3.24% | 3.21% | 3.07% | 3.21% | 3.24% | 3.26% | 3.26% |
| ▇▆▃▁▇██▅ | Return on Assets (%) | 0.94% | 0.91% | 0.85% | 0.78% | 0.95% | 0.96% | 0.98% | 0.89% |
| ▃▄▇█▁▁▁▅ | Efficiency Ratio (%) | 66.1% | 66.5% | 68.7% | 70.2% | 64.7% | 64.5% | 64.1% | 67.5% |
| ▅█▇▃▄▆▆▁ | Cost of Funds (%) | 1.94% | 2.14% | 2.03% | 1.83% | 1.89% | 1.98% | 1.96% | 1.67% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% |
| ▁▄▁▂▄▇██ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $14 | $14 | $14 |
| ▂▅▅▁▃██▁ | Gross Loans ($M) | $68 | $71 | $70 | $66 | $69 | $74 | $74 | $67 |
| ▄▁▃▆▆▂█▆ | Total Deposits ($M) | $80 | $76 | $79 | $83 | $83 | $78 | $86 | $83 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 5% |
| Agricultural | 36% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 10% |