Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.60% | -0.03 | 0.62% |
| Return on Equity (%) | ▼ | 6.16% | -1.01 | 7.17% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.12 | 3.70% |
| Efficiency Ratio (%) | ▼ | 81.29% | +1.02 | 80.27% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.00 | $0 |
| Cost of Funds (%) | ▲ | 3.01% | -0.36 | 3.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $114 | -1.19 | $115 |
| Gross Loans ($M) | ▼ | $90 | -4.81 | $94 |
| Loan Growth YoY (%) | ▼ | 87.88% | -2.86 | 90.74% |
| Total Deposits ($M) | ▼ | $101 | -2.23 | $103 |
| Shareholders Equity ($M) | ▲ | $11 | +1.23 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.23 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 87.88% | -2.86 | 90.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.12% | 0.16% | 0.96% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -12.14 | 12.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▄▇▇██ | Net Interest Margin (%) | 3.62% | 3.67% | 3.74% | 3.70% | 3.78% | 3.78% | 3.82% | 3.82% |
| ▄▄▁▆▇██▆ | Return on Assets (%) | 0.33% | 0.42% | -0.10% | 0.62% | 0.76% | 0.94% | 0.94% | 0.60% |
| █▇▅▅▃▁▁▆ | Efficiency Ratio (%) | 87.0% | 84.6% | 80.6% | 80.3% | 76.2% | 71.6% | 71.9% | 81.3% |
| ▅█▇▄▅▄▃▁ | Cost of Funds (%) | 3.44% | 3.74% | 3.62% | 3.37% | 3.39% | 3.36% | 3.24% | 3.01% |
| ▁█▁▁▁▁▂▁ | NPA / Assets (%) | 0.00% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.00% |
| ▁█▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▂▃▁▂▄▆██ | Tang. Book Value ($M) | $10 | $10 | $10 | $10 | $10 | $11 | $11 | $11 |
| ▁▃▇██▅▄▅ | Gross Loans ($M) | $82 | $86 | $92 | $94 | $95 | $89 | $88 | $90 |
| ▁▁▂▇██▅▅ | Total Deposits ($M) | $95 | $95 | $97 | $103 | $106 | $105 | $101 | $101 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 40% |