Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.35% | +1.11 | 0.23% |
| Return on Equity (%) | ▲ | 10.55% | +8.98 | 1.57% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.43 | 3.17% |
| Efficiency Ratio (%) | ▲ | 60.92% | -24.37 | 85.29% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.43 | $0 |
| Cost of Funds (%) | ▲ | 1.36% | -0.06 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $158 | +26.45 | $131 |
| Gross Loans ($M) | ▲ | $60 | +32.60 | $27 |
| Loan Growth YoY (%) | ▲ | 43.26% | +19.38 | 23.88% |
| Total Deposits ($M) | ▲ | $136 | +24.55 | $111 |
| Shareholders Equity ($M) | ▲ | $21 | +1.87 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +1.87 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.95 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 43.26% | +19.38 | 23.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.17% | 0.00% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅█▆▁▆███ | Net Interest Margin (%) | 3.40% | 3.59% | 3.45% | 3.17% | 3.45% | 3.58% | 3.58% | 3.60% |
| ▁▂▃▅▅▆▆█ | Return on Assets (%) | -1.01% | -0.58% | -0.36% | 0.23% | 0.22% | 0.57% | 0.73% | 1.35% |
| █▇▆▃▃▂▂▁ | Efficiency Ratio (%) | 130.4% | 116.5% | 109.8% | 85.3% | 83.0% | 74.6% | 70.2% | 60.9% |
| ▅█▃▁▃▄▁▁ | Cost of Funds (%) | 1.67% | 1.86% | 1.51% | 1.42% | 1.52% | 1.59% | 1.42% | 1.36% |
| ▁▁▁▄▄▄██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.02% | 0.02% |
| ▁▁▁▇▅▄██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.04% | 0.03% | 0.03% | 0.05% | 0.05% |
| ▁▁▁▂▃▆██ | Tang. Book Value ($M) | $19 | $19 | $19 | $19 | $20 | $20 | $21 | $21 |
| ▁▁▁▂▅▆██ | Gross Loans ($M) | $19 | $18 | $21 | $27 | $39 | $47 | $57 | $60 |
| ▁▁▄▄▅▆█▇ | Total Deposits ($M) | $83 | $82 | $111 | $111 | $125 | $135 | $154 | $136 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 3% |
| Agricultural | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |