Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.25% | -0.49 | 2.74% |
| Return on Equity (%) | ▼ | 21.15% | -6.97 | 28.12% |
| Net Interest Margin (%) | ▲ | 5.25% | +0.03 | 5.22% |
| Efficiency Ratio (%) | ▼ | 36.98% | +4.04 | 32.94% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 0.47% | -0.04 | 0.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $178 | +13.84 | $164 |
| Gross Loans ($M) | ▲ | $89 | +0.87 | $88 |
| Loan Growth YoY (%) | ▼ | 55.37% | -2.91 | 58.28% |
| Total Deposits ($M) | ▲ | $156 | +8.76 | $147 |
| Shareholders Equity ($M) | ▲ | $21 | +4.51 | $16 |
| Tang. Book Value ($M) | ▲ | $21 | +4.51 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +5.43 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 55.37% | -2.91 | 58.28% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 3.06% | 0.32% | 2.74% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃█████ | Net Interest Margin (%) | 4.58% | 4.65% | 4.80% | 5.22% | 5.19% | 5.25% | 5.21% | 5.25% |
| ▅▃▅█▄▂▁▁ | Return on Assets (%) | 2.50% | 2.41% | 2.51% | 2.74% | 2.46% | 2.35% | 2.30% | 2.25% |
| ██▇▁▄▇█▆ | Efficiency Ratio (%) | 38.5% | 38.2% | 37.3% | 32.9% | 35.4% | 37.6% | 37.9% | 37.0% |
| ██▄▁▂▂▁▁ | Cost of Funds (%) | 1.09% | 1.03% | 0.72% | 0.51% | 0.62% | 0.59% | 0.46% | 0.47% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▂▃▅▅▇█ | Tang. Book Value ($M) | $14 | $15 | $15 | $16 | $17 | $18 | $19 | $21 |
| ▅██▁▅▄▆▃ | Gross Loans ($M) | $90 | $91 | $91 | $88 | $90 | $89 | $90 | $89 |
| ▁▁▂▄▆▅█▅ | Total Deposits ($M) | $131 | $135 | $137 | $147 | $158 | $154 | $174 | $156 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 22% |
| Agricultural | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 17% |
| Brokered / Other | 58% |