Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.03 | 1.00% |
| Return on Equity (%) | ▼ | 10.55% | -1.17 | 11.72% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.32 | 3.99% |
| Efficiency Ratio (%) | ▼ | 66.10% | +1.07 | 65.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.14% | -0.07 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $167 | -4.94 | $172 |
| Gross Loans ($M) | ▲ | $112 | +7.88 | $104 |
| Loan Growth YoY (%) | ▲ | 73.93% | +8.23 | 65.70% |
| Total Deposits ($M) | ▼ | $150 | -6.88 | $157 |
| Shareholders Equity ($M) | ▲ | $17 | +2.00 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.00 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.71 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 73.93% | +8.23 | 65.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.86% | 0.00% | 0.86% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.40% | +1.00 | 14.40% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.70% | 3.76% | 3.81% | 3.99% | 4.08% | 4.12% | 4.19% | 4.31% |
| ▂▃▁▇██▆█ | Return on Assets (%) | 0.81% | 0.87% | 0.77% | 1.00% | 1.04% | 1.06% | 0.97% | 1.03% |
| ▇▅█▁▁▁▄▂ | Efficiency Ratio (%) | 70.7% | 69.0% | 72.5% | 65.0% | 64.2% | 64.0% | 68.2% | 66.1% |
| ▅▇█▄▆▃▃▁ | Cost of Funds (%) | 1.23% | 1.26% | 1.29% | 1.21% | 1.24% | 1.19% | 1.19% | 1.14% |
| ▁▁▁▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% |
| ▁▃▃▃▅▆▇█ | Tang. Book Value ($M) | $14 | $14 | $14 | $15 | $15 | $16 | $16 | $17 |
| ▁▂▂▂▇▇██ | Gross Loans ($M) | $101 | $104 | $104 | $104 | $109 | $110 | $111 | $112 |
| ▁▄▃█▄▇▄▂ | Total Deposits ($M) | $149 | $153 | $151 | $157 | $152 | $155 | $152 | $150 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 14% |
| Agricultural | 19% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 7% |