Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.25 | 0.91% |
| Return on Equity (%) | ▲ | 13.79% | +0.91 | 12.88% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.35 | 3.27% |
| Efficiency Ratio (%) | ▲ | 56.29% | -8.19 | 64.48% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 1.40% | -0.06 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $239 | +1.59 | $238 |
| Gross Loans ($M) | ▲ | $148 | +17.95 | $130 |
| Loan Growth YoY (%) | ▲ | 70.34% | +9.20 | 61.14% |
| Total Deposits ($M) | ▼ | $208 | -2.21 | $210 |
| Shareholders Equity ($M) | ▲ | $20 | +3.88 | $17 |
| Tang. Book Value ($M) | ▲ | $19 | +3.88 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +3.48 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 70.34% | +9.20 | 61.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | -0.03% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.35% | -0.07 | 15.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▅▆█ | Net Interest Margin (%) | 3.00% | 3.11% | 3.19% | 3.27% | 3.34% | 3.36% | 3.44% | 3.62% |
| ▁▂▂▄▅▆▆█ | Return on Assets (%) | 0.70% | 0.76% | 0.80% | 0.91% | 0.98% | 1.02% | 1.04% | 1.16% |
| █▇▇▅▄▃▃▁ | Efficiency Ratio (%) | 71.3% | 68.6% | 68.2% | 64.5% | 62.6% | 61.6% | 60.5% | 56.3% |
| ▄▁▄▃▇█▅▁ | Cost of Funds (%) | 1.50% | 1.40% | 1.48% | 1.46% | 1.59% | 1.61% | 1.51% | 1.40% |
| ▆▆▁▁▁█▆█ | NPA / Assets (%) | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.03% | 0.02% | 0.03% |
| ▆▆▁▁▁█▅█ | Net Charge-Off Ratio (%) | 0.04% | 0.04% | 0.00% | 0.00% | 0.00% | 0.06% | 0.03% | 0.05% |
| ▁▄▁▂▁▆▇█ | Tang. Book Value ($M) | $14 | $16 | $14 | $15 | $15 | $17 | $18 | $19 |
| ▁▂▂▂▄▅▇█ | Gross Loans ($M) | $125 | $128 | $130 | $130 | $135 | $139 | $145 | $148 |
| ▁▃▃█▇█▆█ | Total Deposits ($M) | $188 | $194 | $196 | $210 | $207 | $209 | $203 | $208 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 10% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 8% |