Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.27 | 0.93% |
| Return on Equity (%) | ▲ | 10.96% | +2.01 | 8.95% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.24 | 2.98% |
| Efficiency Ratio (%) | ▼ | 58.21% | +0.68 | 57.53% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.94% | -0.16 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $403 | +26.78 | $376 |
| Gross Loans ($M) | ▲ | $179 | +10.73 | $168 |
| Loan Growth YoY (%) | ▼ | 51.23% | -0.36 | 51.59% |
| Total Deposits ($M) | ▲ | $345 | +22.86 | $322 |
| Shareholders Equity ($M) | ▲ | $44 | +3.77 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +3.77 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +3.95 | $48 |
| Loan / Deposit Ratio (%) | ▼ | 51.23% | -0.36 | 51.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.13 | 0.16% |
| Allowance / Loans (%) | — | 1.14% | 0.04% | 1.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.29 | 0.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆██ | Net Interest Margin (%) | 2.89% | 2.92% | 2.94% | 2.98% | 3.06% | 3.14% | 3.18% | 3.22% |
| ▁▂▂▃██▆█ | Return on Assets (%) | 0.78% | 0.84% | 0.85% | 0.93% | 1.19% | 1.17% | 1.07% | 1.21% |
| █▇█▄▁▁▄▄ | Efficiency Ratio (%) | 63.6% | 61.8% | 64.6% | 57.5% | 52.4% | 52.8% | 58.2% | 58.2% |
| ██▆▄▄▅▃▁ | Cost of Funds (%) | 2.31% | 2.32% | 2.21% | 2.10% | 2.11% | 2.17% | 2.08% | 1.94% |
| ▄▁▂█▁▁▁▁ | NPA / Assets (%) | 0.08% | 0.04% | 0.06% | 0.16% | 0.03% | 0.03% | 0.03% | 0.03% |
| ▄▂▂█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.20% | 0.10% | 0.12% | 0.36% | 0.07% | 0.07% | 0.06% | 0.07% |
| ▁▅▃▅▇▇██ | Tang. Book Value ($M) | $36 | $40 | $38 | $40 | $43 | $42 | $44 | $44 |
| ▁▂▄▆▇▇██ | Gross Loans ($M) | $147 | $154 | $162 | $168 | $171 | $172 | $176 | $179 |
| ▁▁▄▃▄▅▇█ | Total Deposits ($M) | $310 | $314 | $326 | $322 | $325 | $331 | $338 | $345 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 18% |