Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.09% | -0.43 | 2.52% |
| Return on Equity (%) | ▼ | 21.59% | -3.91 | 25.50% |
| Net Interest Margin (%) | ▼ | 5.99% | -0.09 | 6.09% |
| Efficiency Ratio (%) | ▼ | 56.49% | +5.13 | 51.36% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.12 | $1 |
| Cost of Funds (%) | ▼ | 1.19% | +0.03 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $114 | +4.62 | $110 |
| Gross Loans ($M) | ▲ | $96 | +10.92 | $85 |
| Loan Growth YoY (%) | ▲ | 91.76% | +6.30 | 85.46% |
| Total Deposits ($M) | ▲ | $103 | +5.12 | $98 |
| Shareholders Equity ($M) | ▲ | $11 | +0.08 | $11 |
| Tang. Book Value ($M) | ▲ | $11 | +0.08 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 91.76% | +6.30 | 85.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.14 | 0.17% |
| Allowance / Loans (%) | — | 1.14% | -0.07% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.19% | -0.03 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -15.48 | 15.48% |
Noninterest income ($0.24M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▆▃▇██▁ | Net Interest Margin (%) | 6.11% | 6.17% | 6.25% | 6.09% | 6.29% | 6.34% | 6.34% | 5.99% |
| ▇██▇█▇▆▁ | Return on Assets (%) | 2.56% | 2.62% | 2.64% | 2.52% | 2.61% | 2.52% | 2.50% | 2.09% |
| ▁▁▁▃▃▃▃█ | Efficiency Ratio (%) | 49.5% | 49.0% | 49.2% | 51.4% | 51.1% | 51.3% | 51.5% | 56.5% |
| ▁▅▇▇▆▇██ | Cost of Funds (%) | 0.99% | 1.11% | 1.17% | 1.16% | 1.14% | 1.16% | 1.20% | 1.19% |
| ▅██▁▅▄▃▃ | NPA / Assets (%) | 0.40% | 0.59% | 0.62% | 0.17% | 0.45% | 0.38% | 0.32% | 0.30% |
| ▅██▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.51% | 0.76% | 0.76% | 0.22% | 0.20% | 0.21% | 0.20% | 0.19% |
| ▄▇▁▃▆█▁▄ | Tang. Book Value ($M) | $11 | $12 | $10 | $11 | $12 | $13 | $11 | $11 |
| ▃▂▃▁▅▃▇█ | Gross Loans ($M) | $88 | $87 | $88 | $85 | $91 | $88 | $94 | $96 |
| ▆▄▁▂▁▁▅█ | Total Deposits ($M) | $101 | $100 | $97 | $98 | $97 | $98 | $100 | $103 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 9% |
| Agricultural | 4% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 14% |