Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.55% | -0.26 | 1.80% |
| Return on Equity (%) | ▼ | 11.63% | -2.25 | 13.88% |
| Net Interest Margin (%) | ▼ | 3.40% | -0.10 | 3.50% |
| Efficiency Ratio (%) | ▲ | 54.93% | -1.52 | 56.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.37 | 1.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $154 | +8.04 | $146 |
| Gross Loans ($M) | ▼ | $81 | -8.55 | $90 |
| Loan Growth YoY (%) | ▼ | 60.50% | -10.49 | 71.00% |
| Total Deposits ($M) | ▲ | $132 | +7.52 | $125 |
| Shareholders Equity ($M) | ▲ | $20 | +1.08 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +1.08 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 60.50% | -10.49 | 71.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.56 | 0.57% |
| Allowance / Loans (%) | — | 1.30% | 0.12% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.92 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▂▅▅▅▁ | Net Interest Margin (%) | 4.09% | 3.93% | 3.90% | 3.50% | 3.80% | 3.80% | 3.77% | 3.40% |
| █▅▂▃▅▃▁▁ | Return on Assets (%) | 2.35% | 1.99% | 1.75% | 1.80% | 1.99% | 1.76% | 1.59% | 1.55% |
| ▁▃▇█▃▅█▇ | Efficiency Ratio (%) | 45.0% | 48.6% | 53.7% | 56.5% | 49.2% | 51.6% | 55.4% | 54.9% |
| ███▆▆▆▄▁ | Cost of Funds (%) | 2.07% | 2.07% | 2.13% | 1.93% | 1.94% | 1.96% | 1.83% | 1.56% |
| ▃██▄▁▁▁▁ | NPA / Assets (%) | 0.39% | 1.24% | 1.34% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▃▇█▄▁▁▁▁ | Net Charge-Off Ratio (%) | 0.56% | 1.77% | 2.06% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▄▆▆▆█ | Tang. Book Value ($M) | $18 | $18 | $18 | $19 | $19 | $19 | $19 | $20 |
| ▇█▆▆▇▇▃▁ | Gross Loans ($M) | $91 | $94 | $90 | $90 | $91 | $91 | $85 | $81 |
| ▁▂▃▆▅▄▄█ | Total Deposits ($M) | $110 | $114 | $118 | $125 | $121 | $120 | $120 | $132 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 17% |
| Agricultural | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 4% |