Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.52 | 0.32% |
| Return on Equity (%) | ▲ | 12.14% | +6.78 | 5.36% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.66 | 2.85% |
| Efficiency Ratio (%) | ▲ | 65.64% | -13.51 | 79.15% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 2.02% | -0.18 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $100 | +5.68 | $95 |
| Gross Loans ($M) | ▲ | $73 | +7.41 | $66 |
| Loan Growth YoY (%) | ▲ | 78.83% | +3.82 | 75.01% |
| Total Deposits ($M) | ▲ | $92 | +5.01 | $87 |
| Shareholders Equity ($M) | ▲ | $7 | +1.16 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +1.16 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 78.83% | +3.82 | 75.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.28% | +0.25 | 0.03% |
| Allowance / Loans (%) | — | 0.94% | 0.10% | 0.85% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.38 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.08% | +0.43 | 10.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 2.42% | 2.50% | 2.52% | 2.85% | 2.99% | 3.07% | 3.19% | 3.51% |
| ▂▁▁▃▄▆▆█ | Return on Assets (%) | 0.16% | 0.12% | 0.03% | 0.32% | 0.40% | 0.56% | 0.63% | 0.84% |
| █▇▇▅▄▃▂▁ | Efficiency Ratio (%) | 89.2% | 85.7% | 85.5% | 79.1% | 77.2% | 71.8% | 69.3% | 65.6% |
| █▇█▅▅▄▂▁ | Cost of Funds (%) | 2.31% | 2.27% | 2.34% | 2.20% | 2.18% | 2.18% | 2.09% | 2.02% |
| █▃▂▁▁▁▅▅ | NPA / Assets (%) | 0.51% | 0.14% | 0.11% | 0.03% | 0.03% | 0.00% | 0.29% | 0.28% |
| █▃▂▁▁▁▅▅ | Net Charge-Off Ratio (%) | 0.74% | 0.21% | 0.16% | 0.00% | 0.00% | 0.00% | 0.39% | 0.38% |
| ▁▃▁▂▄▄██ | Tang. Book Value ($M) | $5 | $6 | $6 | $6 | $6 | $6 | $7 | $7 |
| ▁▁▂▃▃▄██ | Gross Loans ($M) | $62 | $64 | $64 | $66 | $65 | $67 | $72 | $73 |
| ▁▃▄▄▄▅▇█ | Total Deposits ($M) | $82 | $86 | $86 | $87 | $86 | $88 | $90 | $92 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 14% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 21% |