Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.34 | 1.34% |
| Return on Equity (%) | ▲ | 18.35% | +2.00 | 16.35% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.51 | 3.39% |
| Efficiency Ratio (%) | ▲ | 53.95% | -5.51 | 59.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.39% | -0.21 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $150 | +5.57 | $144 |
| Gross Loans ($M) | ▲ | $94 | +8.79 | $86 |
| Loan Growth YoY (%) | ▲ | 68.66% | +4.47 | 64.19% |
| Total Deposits ($M) | ▲ | $136 | +4.08 | $132 |
| Shareholders Equity ($M) | ▲ | $14 | +1.45 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.45 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.30 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 68.66% | +4.47 | 64.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.04% | -0.00% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.81% | +0.77 | 13.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▆█ | Net Interest Margin (%) | 2.84% | 2.96% | 3.04% | 3.39% | 3.42% | 3.58% | 3.63% | 3.91% |
| ▁▂▃▄▅▇▇█ | Return on Assets (%) | 1.02% | 1.12% | 1.18% | 1.34% | 1.42% | 1.54% | 1.57% | 1.68% |
| █▇▆▅▃▂▁▁ | Efficiency Ratio (%) | 64.6% | 62.4% | 61.5% | 59.5% | 57.3% | 55.3% | 54.8% | 53.9% |
| ▇█▄▄▄▄▂▁ | Cost of Funds (%) | 1.77% | 1.86% | 1.62% | 1.60% | 1.57% | 1.57% | 1.46% | 1.39% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.02% | 0.00% | 0.00% | 0.00% | 0.28% | 0.03% | 0.03% | 0.00% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.03% | 0.00% | 0.00% | 0.00% | 0.47% | 0.05% | 0.05% | 0.00% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $12 | $13 | $13 | $14 |
| ▁▂▄▂▃▆██ | Gross Loans ($M) | $84 | $86 | $88 | $86 | $87 | $92 | $94 | $94 |
| ▃▁▅▅▆▁▄█ | Total Deposits ($M) | $129 | $125 | $131 | $132 | $133 | $126 | $130 | $136 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 11% |
| Agricultural | 22% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 6% |