Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.83% | +0.09 | 0.74% |
| Return on Equity (%) | ▲ | 8.70% | +1.58 | 7.12% |
| Net Interest Margin (%) | ▲ | 3.19% | +0.14 | 3.05% |
| Efficiency Ratio (%) | ▲ | 60.71% | -5.31 | 66.01% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 2.83% | -0.02 | 2.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $239 | +37.30 | $201 |
| Gross Loans ($M) | ▲ | $214 | +38.05 | $176 |
| Loan Growth YoY (%) | ▲ | 105.87% | +4.11 | 101.76% |
| Total Deposits ($M) | ▲ | $200 | +28.86 | $171 |
| Shareholders Equity ($M) | ▲ | $22 | +1.66 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +1.66 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 105.87% | +4.11 | 101.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.01 | 0.18% |
| Allowance / Loans (%) | — | 1.25% | -0.00% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.20% | +0.00 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.51% | -1.21 | 12.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▇▇██ | Net Interest Margin (%) | 2.75% | 2.69% | 2.72% | 3.05% | 3.11% | 3.14% | 3.21% | 3.19% |
| ▁▁▁▆▆▆▆█ | Return on Assets (%) | 0.56% | 0.56% | 0.57% | 0.74% | 0.76% | 0.76% | 0.76% | 0.83% |
| ███▄▃▂▃▁ | Efficiency Ratio (%) | 73.6% | 73.4% | 72.3% | 66.0% | 65.2% | 63.2% | 64.1% | 60.7% |
| ▇█▇▁▂▁▃▁ | Cost of Funds (%) | 3.22% | 3.29% | 3.23% | 2.85% | 2.94% | 2.88% | 2.98% | 2.83% |
| ▁█▂▇▂▂▇▇ | NPA / Assets (%) | 0.00% | 0.21% | 0.05% | 0.18% | 0.04% | 0.03% | 0.17% | 0.18% |
| ▁█▂▇▂▂▇▇ | Net Charge-Off Ratio (%) | 0.00% | 0.25% | 0.06% | 0.20% | 0.05% | 0.04% | 0.19% | 0.20% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $20 | $20 | $20 | $21 | $21 | $22 | $22 | $22 |
| ▁▁▂▂▃▆▇█ | Gross Loans ($M) | $165 | $167 | $174 | $176 | $183 | $197 | $203 | $214 |
| ▁▁▂▃▅▅▇█ | Total Deposits ($M) | $161 | $165 | $168 | $171 | $181 | $185 | $193 | $200 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Agricultural | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 20% |