Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.78% | +0.18 | 1.60% |
| Return on Equity (%) | ▲ | 14.48% | +0.44 | 14.04% |
| Net Interest Margin (%) | ▲ | 5.24% | +0.44 | 4.80% |
| Efficiency Ratio (%) | ▲ | 53.57% | -1.02 | 54.59% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.54% | -0.27 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $232 | +12.15 | $220 |
| Gross Loans ($M) | ▲ | $176 | +2.08 | $174 |
| Loan Growth YoY (%) | ▼ | 86.40% | -2.86 | 89.26% |
| Total Deposits ($M) | ▲ | $201 | +8.94 | $193 |
| Shareholders Equity ($M) | ▲ | $28 | +3.19 | $25 |
| Tang. Book Value ($M) | ▲ | $28 | +3.19 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +3.42 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 86.40% | -2.86 | 89.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Allowance / Loans (%) | — | 0.88% | -0.09% | 0.97% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.09 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▆█ | Net Interest Margin (%) | 4.72% | 4.74% | 4.78% | 4.80% | 4.90% | 4.98% | 5.05% | 5.24% |
| ▁▁▄▁▄▆██ | Return on Assets (%) | 1.58% | 1.59% | 1.68% | 1.60% | 1.66% | 1.72% | 1.79% | 1.78% |
| ██▄▅█▄▁▂ | Efficiency Ratio (%) | 55.6% | 55.6% | 54.0% | 54.6% | 55.5% | 54.2% | 52.9% | 53.6% |
| ▆██▅▆▄▂▁ | Cost of Funds (%) | 1.87% | 1.99% | 1.95% | 1.81% | 1.84% | 1.75% | 1.62% | 1.54% |
| ▁▄▁██▁▁▁ | NPA / Assets (%) | 0.00% | 0.03% | 0.00% | 0.07% | 0.07% | 0.00% | 0.00% | 0.00% |
| ▁▅▁██▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.04% | 0.00% | 0.09% | 0.09% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▃▄▆▇█ | Tang. Book Value ($M) | $24 | $25 | $25 | $25 | $26 | $27 | $27 | $28 |
| ▁▄▆█▇▅▃█ | Gross Loans ($M) | $158 | $165 | $170 | $174 | $173 | $167 | $165 | $176 |
| ▁▂▄▄▅▅▄█ | Total Deposits ($M) | $184 | $187 | $191 | $193 | $193 | $194 | $191 | $201 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 7% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 17% |