Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.60% | +0.11 | 0.49% |
| Return on Equity (%) | ▲ | 5.52% | +0.49 | 5.03% |
| Net Interest Margin (%) | ▲ | 2.63% | +0.17 | 2.46% |
| Efficiency Ratio (%) | ▲ | 73.01% | -2.65 | 75.66% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.56% | -0.09 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $116 | +2.17 | $114 |
| Gross Loans ($M) | ▲ | $23 | +0.65 | $22 |
| Loan Growth YoY (%) | ▲ | 22.12% | +0.42 | 21.70% |
| Total Deposits ($M) | ▲ | $101 | +1.04 | $100 |
| Shareholders Equity ($M) | ▲ | $12 | +1.13 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.13 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.06 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 22.12% | +0.42 | 21.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.64% | -0.06% | 1.70% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 35.56% | +1.40 | 34.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▁▅███ | Net Interest Margin (%) | 2.46% | 2.49% | 2.51% | 2.46% | 2.55% | 2.62% | 2.63% | 2.63% |
| ▂▄▃▁▆█▇▃ | Return on Assets (%) | 0.54% | 0.63% | 0.59% | 0.49% | 0.70% | 0.78% | 0.74% | 0.60% |
| ▆▃▄█▂▁▂▆ | Efficiency Ratio (%) | 73.0% | 70.7% | 71.7% | 75.7% | 69.9% | 68.2% | 69.8% | 73.0% |
| ▄▇▄▄▇█▇▁ | Cost of Funds (%) | 1.66% | 1.72% | 1.66% | 1.65% | 1.73% | 1.77% | 1.73% | 1.56% |
| ▁▁▁▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.00% | 0.00% |
| ▁▅▂▄▅███ | Tang. Book Value ($M) | $10 | $11 | $11 | $11 | $11 | $12 | $12 | $12 |
| ▁▁▄▄▇▇█▆ | Gross Loans ($M) | $21 | $21 | $22 | $22 | $23 | $23 | $23 | $23 |
| ▁▁▆█▆▃▅█ | Total Deposits ($M) | $93 | $92 | $98 | $100 | $98 | $95 | $97 | $101 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 8% |
| Agricultural | 26% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 8% |