Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.62% | +0.21 | 1.41% |
| Return on Equity (%) | ▲ | 14.09% | +0.44 | 13.65% |
| Net Interest Margin (%) | ▲ | 3.85% | +0.24 | 3.61% |
| Efficiency Ratio (%) | ▲ | 57.39% | -1.65 | 59.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $0 |
| Cost of Funds (%) | ▼ | 1.52% | +0.13 | 1.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $140 | +3.52 | $137 |
| Gross Loans ($M) | ▲ | $111 | +8.09 | $103 |
| Loan Growth YoY (%) | ▲ | 88.62% | +5.68 | 82.94% |
| Total Deposits ($M) | ▲ | $124 | +1.14 | $123 |
| Shareholders Equity ($M) | ▲ | $16 | +2.31 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +2.34 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 88.62% | +5.68 | 82.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.12 | 0.29% |
| Allowance / Loans (%) | — | 1.03% | 0.04% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 0.21% | -0.01 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▇▇██ | Net Interest Margin (%) | 3.33% | 3.42% | 3.47% | 3.61% | 3.74% | 3.76% | 3.80% | 3.85% |
| ▁▄▅▃▄▄▅█ | Return on Assets (%) | 1.29% | 1.42% | 1.48% | 1.41% | 1.43% | 1.42% | 1.49% | 1.62% |
| █▃▁█▃▃▂▄ | Efficiency Ratio (%) | 59.0% | 56.9% | 56.2% | 59.0% | 57.2% | 57.0% | 56.8% | 57.4% |
| ██▆▁▂▇▇▄ | Cost of Funds (%) | 1.74% | 1.73% | 1.65% | 1.39% | 1.45% | 1.67% | 1.68% | 1.52% |
| █▅▆▇▅▄▄▁ | NPA / Assets (%) | 0.32% | 0.25% | 0.27% | 0.29% | 0.25% | 0.23% | 0.23% | 0.16% |
| █▃▂▄▁▁▁▃ | Net Charge-Off Ratio (%) | 0.30% | 0.20% | 0.20% | 0.22% | 0.17% | 0.17% | 0.17% | 0.21% |
| ▁▂▂▁▃▅▇█ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $15 | $15 |
| ▁▁▁▂▅██▇ | Gross Loans ($M) | $101 | $101 | $101 | $103 | $108 | $112 | $111 | $111 |
| ▂▁▁█▂▅▇█ | Total Deposits ($M) | $116 | $115 | $115 | $123 | $116 | $120 | $121 | $124 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 11% |
| Agricultural | 11% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 24% |