Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.76% | +0.30 | 1.46% |
| Return on Equity (%) | ▼ | 16.76% | -0.46 | 17.22% |
| Net Interest Margin (%) | ▲ | 3.36% | +0.17 | 3.19% |
| Efficiency Ratio (%) | ▲ | 50.50% | -9.61 | 60.11% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $0 |
| Cost of Funds (%) | ▼ | 0.88% | +0.01 | 0.87% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $133 | +5.99 | $127 |
| Gross Loans ($M) | ▲ | $58 | +2.06 | $56 |
| Loan Growth YoY (%) | ▲ | 48.73% | +0.48 | 48.25% |
| Total Deposits ($M) | ▲ | $117 | +3.11 | $114 |
| Shareholders Equity ($M) | ▲ | $14 | +2.88 | $11 |
| Tang. Book Value ($M) | ▲ | $14 | +2.88 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +2.99 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 48.73% | +0.48 | 48.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.06 | 0.14% |
| Allowance / Loans (%) | — | 1.12% | -0.04% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.12 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▄▃▁▅▅▇█ | Net Interest Margin (%) | 3.32% | 3.26% | 3.24% | 3.19% | 3.29% | 3.29% | 3.33% | 3.36% |
| ▄▂▁▁▂▂▂█ | Return on Assets (%) | 1.59% | 1.50% | 1.44% | 1.46% | 1.51% | 1.50% | 1.49% | 1.76% |
| ▄▆▇█▇▇▇▁ | Efficiency Ratio (%) | 54.7% | 56.7% | 58.0% | 60.1% | 58.2% | 57.9% | 58.3% | 50.5% |
| ▁█▅▃▅▄▅▃ | Cost of Funds (%) | 0.78% | 1.07% | 0.93% | 0.87% | 0.93% | 0.90% | 0.93% | 0.88% |
| ██▆▅▄▃▁▁ | NPA / Assets (%) | 0.19% | 0.19% | 0.16% | 0.14% | 0.14% | 0.12% | 0.10% | 0.09% |
| ██▆▅▄▃▁▁ | Net Charge-Off Ratio (%) | 0.44% | 0.43% | 0.36% | 0.32% | 0.31% | 0.28% | 0.22% | 0.20% |
| ▁▅▁▃▃▇██ | Tang. Book Value ($M) | $10 | $12 | $10 | $11 | $11 | $13 | $14 | $14 |
| ▁▁▁▅▅███ | Gross Loans ($M) | $53 | $53 | $52 | $56 | $55 | $57 | $57 | $58 |
| ▅▁▂▆▄█▇█ | Total Deposits ($M) | $112 | $106 | $109 | $114 | $111 | $117 | $115 | $117 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 26% |
| Agricultural | 14% |
| Consumer | 2% |
| Other | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 14% |