Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.16 | 0.54% |
| Return on Equity (%) | ▲ | 8.11% | +1.32 | 6.79% |
| Net Interest Margin (%) | ▼ | 3.41% | -0.01 | 3.42% |
| Efficiency Ratio (%) | ▲ | 76.49% | -0.96 | 77.45% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▼ | 0.93% | +0.01 | 0.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $164 | +11.17 | $153 |
| Gross Loans ($M) | ▼ | $81 | -0.71 | $82 |
| Loan Growth YoY (%) | ▼ | 54.06% | -4.93 | 58.98% |
| Total Deposits ($M) | ▲ | $149 | +11.21 | $138 |
| Shareholders Equity ($M) | ▲ | $14 | +1.96 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.96 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.67 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 54.06% | -4.93 | 58.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.02 | 0.15% |
| Allowance / Loans (%) | — | 1.08% | 0.04% | 1.04% |
| Net Charge-Off Ratio (%) | ▼ | 0.35% | +0.06 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄███▄ | Net Interest Margin (%) | 3.32% | 3.35% | 3.39% | 3.42% | 3.50% | 3.51% | 3.53% | 3.41% |
| ▁▁▁▃▅▇█▆ | Return on Assets (%) | 0.34% | 0.34% | 0.37% | 0.54% | 0.68% | 0.75% | 0.88% | 0.71% |
| ▇██▅▂▁▁▄ | Efficiency Ratio (%) | 81.8% | 82.3% | 83.7% | 77.4% | 72.9% | 71.5% | 70.8% | 76.5% |
| ▁▇█▆▇▇█▆ | Cost of Funds (%) | 0.80% | 0.94% | 0.99% | 0.92% | 0.96% | 0.95% | 0.97% | 0.93% |
| ▁▁▃▂▂█▅▃ | NPA / Assets (%) | 0.10% | 0.10% | 0.16% | 0.15% | 0.14% | 0.32% | 0.22% | 0.17% |
| ▁▁▃▃▂█▇▅ | Net Charge-Off Ratio (%) | 0.18% | 0.18% | 0.28% | 0.29% | 0.26% | 0.51% | 0.43% | 0.35% |
| ▁▄▁▃▃▇██ | Tang. Book Value ($M) | $11 | $13 | $12 | $12 | $12 | $13 | $14 | $14 |
| ▆█▆▂▄▃▁▁ | Gross Loans ($M) | $84 | $85 | $84 | $82 | $83 | $83 | $82 | $81 |
| ▂▁▂▅▅▅▇█ | Total Deposits ($M) | $131 | $126 | $130 | $138 | $139 | $140 | $144 | $149 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 2% |
| Agricultural | 1% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 54% |
| Interest-Bearing (core) | 43% |
| Brokered / Other | 3% |