Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.29% | -0.13 | 2.42% |
| Return on Equity (%) | ▼ | 26.73% | -2.48 | 29.21% |
| Net Interest Margin (%) | ▼ | 4.49% | -0.01 | 4.50% |
| Efficiency Ratio (%) | ▼ | 51.93% | +2.18 | 49.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▼ | 1.71% | +0.03 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $230 | +16.80 | $213 |
| Gross Loans ($M) | ▲ | $186 | +13.63 | $172 |
| Loan Growth YoY (%) | ▲ | 87.64% | +0.45 | 87.19% |
| Total Deposits ($M) | ▲ | $209 | +14.39 | $194 |
| Shareholders Equity ($M) | ▲ | $20 | +1.83 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +1.83 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +1.82 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 87.64% | +0.45 | 87.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.66 | 0.06% |
| Allowance / Loans (%) | — | 1.59% | -0.05% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.82 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▅███▅ | Net Interest Margin (%) | 4.26% | 4.34% | 4.44% | 4.50% | 4.67% | 4.72% | 4.70% | 4.49% |
| ▁▃▃▆█▇▆▅ | Return on Assets (%) | 1.99% | 2.15% | 2.16% | 2.42% | 2.58% | 2.47% | 2.42% | 2.29% |
| █▄▅▁▁▂▃▅ | Efficiency Ratio (%) | 53.5% | 51.6% | 51.9% | 49.7% | 49.7% | 50.4% | 50.8% | 51.9% |
| ██▆▁▁▂▃▂ | Cost of Funds (%) | 1.89% | 1.89% | 1.83% | 1.68% | 1.69% | 1.71% | 1.75% | 1.71% |
| ▁▁▁▁▁▇█▇ | NPA / Assets (%) | 0.10% | 0.15% | 0.11% | 0.06% | 0.13% | 0.75% | 0.94% | 0.73% |
| ▁▁▁▁▁▇█▇ | Net Charge-Off Ratio (%) | 0.12% | 0.18% | 0.14% | 0.08% | 0.16% | 0.91% | 1.15% | 0.90% |
| ▁▃▂▄▆███ | Tang. Book Value ($M) | $16 | $18 | $17 | $18 | $19 | $19 | $20 | $20 |
| ▁▂▂▂▄███ | Gross Loans ($M) | $169 | $173 | $173 | $172 | $178 | $186 | $188 | $186 |
| ▁▁▃▄▅▅▇█ | Total Deposits ($M) | $185 | $187 | $193 | $194 | $198 | $198 | $203 | $209 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 11% |
| Agricultural | 9% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |