Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.28 | 1.20% |
| Return on Equity (%) | ▲ | 13.11% | +1.32 | 11.79% |
| Net Interest Margin (%) | ▲ | 3.46% | +0.20 | 3.26% |
| Efficiency Ratio (%) | ▲ | 43.98% | -5.22 | 49.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.16% | -0.26 | 1.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $104 | +3.92 | $100 |
| Gross Loans ($M) | ▲ | $37 | +0.47 | $36 |
| Loan Growth YoY (%) | ▼ | 39.46% | -0.63 | 40.09% |
| Total Deposits ($M) | ▲ | $91 | +2.58 | $88 |
| Shareholders Equity ($M) | ▲ | $12 | +1.26 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.26 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.27 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 39.46% | -0.63 | 40.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.01 | 0.35% |
| Allowance / Loans (%) | — | 1.80% | 0.00% | 1.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.96% | +0.00 | 0.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▄▇███ | Net Interest Margin (%) | 3.09% | 3.16% | 3.16% | 3.26% | 3.39% | 3.43% | 3.45% | 3.46% |
| ▂▅▃▁▄▄▆█ | Return on Assets (%) | 1.26% | 1.37% | 1.30% | 1.20% | 1.32% | 1.34% | 1.40% | 1.48% |
| █▁▅█▆▆▃▁ | Efficiency Ratio (%) | 49.3% | 44.3% | 46.7% | 49.2% | 47.4% | 47.5% | 45.4% | 44.0% |
| ▇██▇▄▅▁▁ | Cost of Funds (%) | 1.42% | 1.47% | 1.47% | 1.42% | 1.30% | 1.32% | 1.13% | 1.16% |
| ▁▃▁█▁▁▁█ | NPA / Assets (%) | 0.00% | 0.10% | 0.00% | 0.35% | 0.00% | 0.00% | 0.00% | 0.34% |
| ▁▃▁█▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.27% | 0.00% | 0.96% | 0.00% | 0.00% | 0.00% | 0.96% |
| ▁▄▃▄▆▇█▇ | Tang. Book Value ($M) | $8 | $10 | $9 | $9 | $10 | $11 | $11 | $11 |
| ▁▆▇▄▆██▅ | Gross Loans ($M) | $35 | $37 | $37 | $36 | $37 | $37 | $38 | $37 |
| ▆▅▅▄▂▁█▇ | Total Deposits ($M) | $90 | $90 | $89 | $88 | $87 | $86 | $93 | $91 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 12% |
| Agricultural | 18% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 7% |