Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.56% | +0.11 | 2.45% |
| Return on Equity (%) | ▼ | 26.99% | -0.92 | 27.91% |
| Net Interest Margin (%) | ▲ | 4.80% | +0.19 | 4.61% |
| Efficiency Ratio (%) | ▲ | 47.82% | -0.92 | 48.74% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $1 |
| Cost of Funds (%) | ▲ | 0.98% | -0.08 | 1.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +5.49 | $136 |
| Gross Loans ($M) | ▲ | $107 | +8.73 | $99 |
| Loan Growth YoY (%) | ▲ | 85.77% | +5.07 | 80.69% |
| Total Deposits ($M) | ▲ | $124 | +2.99 | $121 |
| Shareholders Equity ($M) | ▲ | $13 | +1.41 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.41 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 85.77% | +5.07 | 80.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.03% | -0.06% | 1.09% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.50% | +0.34 | 14.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▇███ | Net Interest Margin (%) | 4.42% | 4.49% | 4.54% | 4.61% | 4.75% | 4.81% | 4.85% | 4.80% |
| ▁▂▁▇██▅█ | Return on Assets (%) | 2.07% | 2.13% | 2.02% | 2.45% | 2.59% | 2.55% | 2.36% | 2.56% |
| ▆▆█▂▁▂▅▁ | Efficiency Ratio (%) | 54.7% | 54.6% | 57.4% | 48.7% | 47.5% | 48.9% | 52.8% | 47.8% |
| ▂▇▆▅▄██▁ | Cost of Funds (%) | 1.01% | 1.10% | 1.08% | 1.06% | 1.04% | 1.13% | 1.13% | 0.98% |
| ▁▁█▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁█▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $12 | $13 | $13 | $13 |
| ▁▂▄▃▇▇▇█ | Gross Loans ($M) | $94 | $96 | $100 | $99 | $105 | $104 | $104 | $107 |
| ▁▁▂▄▂▆▆█ | Total Deposits ($M) | $119 | $118 | $119 | $121 | $119 | $122 | $122 | $124 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 4% |
| Agricultural | 3% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 8% |