Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.09 | 0.93% |
| Return on Equity (%) | ▼ | 13.89% | -2.66 | 16.55% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.10 | 3.36% |
| Efficiency Ratio (%) | ▼ | 71.02% | +1.02 | 70.00% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▼ | 1.29% | +0.08 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $125 | +5.75 | $120 |
| Gross Loans ($M) | ▲ | $64 | +1.64 | $63 |
| Loan Growth YoY (%) | ▲ | 56.50% | +0.07 | 56.44% |
| Total Deposits ($M) | ▲ | $112 | +2.78 | $109 |
| Shareholders Equity ($M) | ▲ | $9 | +2.33 | $7 |
| Tang. Book Value ($M) | ▲ | $9 | +2.37 | $7 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +2.61 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 56.50% | +0.07 | 56.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.46 | 0.54% |
| Allowance / Loans (%) | — | 1.54% | -0.04% | 1.57% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.87 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇████ | Net Interest Margin (%) | 2.97% | 2.98% | 3.08% | 3.36% | 3.47% | 3.44% | 3.47% | 3.46% |
| ▁▂▄▇████ | Return on Assets (%) | 0.47% | 0.59% | 0.70% | 0.93% | 1.06% | 1.03% | 1.03% | 1.02% |
| █▇▅▂▁▁▁▂ | Efficiency Ratio (%) | 81.3% | 78.4% | 75.6% | 70.0% | 68.0% | 68.6% | 68.8% | 71.0% |
| ▅█▄▁▃▃▅▂ | Cost of Funds (%) | 1.48% | 1.68% | 1.42% | 1.20% | 1.34% | 1.38% | 1.47% | 1.29% |
| ▁▃▇█▇▅▂▁ | NPA / Assets (%) | 0.12% | 0.22% | 0.44% | 0.54% | 0.44% | 0.33% | 0.15% | 0.09% |
| ▁▃▆█▆▄▁▁ | Net Charge-Off Ratio (%) | 0.21% | 0.38% | 0.76% | 1.04% | 0.78% | 0.59% | 0.27% | 0.17% |
| ▁▄▁▃▄▇██ | Tang. Book Value ($M) | $6 | $7 | $6 | $7 | $7 | $9 | $9 | $9 |
| ▁▂▅▁▂▆█▂ | Gross Loans ($M) | $64 | $65 | $67 | $63 | $64 | $69 | $72 | $64 |
| ▁▂▇▇▄▄▆█ | Total Deposits ($M) | $95 | $100 | $108 | $109 | $102 | $103 | $106 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 11% |
| Agricultural | 24% |
| Consumer | 6% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 8% |