Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.53% | -0.33 | 1.86% |
| Return on Equity (%) | ▼ | 15.10% | -4.73 | 19.83% |
| Net Interest Margin (%) | ▼ | 4.75% | -0.71 | 5.46% |
| Efficiency Ratio (%) | ▼ | 64.80% | +4.35 | 60.44% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.10 | $1 |
| Cost of Funds (%) | ▼ | 0.32% | +0.14 | 0.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $121 | +5.01 | $116 |
| Gross Loans ($M) | ▼ | $43 | -1.11 | $44 |
| Loan Growth YoY (%) | ▼ | 39.05% | -2.39 | 41.44% |
| Total Deposits ($M) | ▲ | $109 | +3.49 | $105 |
| Shareholders Equity ($M) | ▲ | $12 | +1.59 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.59 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.83 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 39.05% | -2.39 | 41.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.73% | +0.61 | 2.12% |
| Allowance / Loans (%) | — | 1.76% | 0.13% | 1.63% |
| Net Charge-Off Ratio (%) | ▼ | 5.59% | +2.34 | 3.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.70% | +2.11 | 24.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇███▇▆▆▁ | Net Interest Margin (%) | 5.33% | 5.45% | 5.48% | 5.46% | 5.37% | 5.26% | 5.25% | 4.75% |
| █▆▃▄▅▆▁▁ | Return on Assets (%) | 2.34% | 2.08% | 1.82% | 1.86% | 2.02% | 2.05% | 1.59% | 1.53% |
| ▁▁▃▅▃▃▅█ | Efficiency Ratio (%) | 55.8% | 56.2% | 58.7% | 60.4% | 59.0% | 59.1% | 61.0% | 64.8% |
| ▁▁▂▁▁▂▂█ | Cost of Funds (%) | 0.19% | 0.19% | 0.20% | 0.19% | 0.18% | 0.21% | 0.20% | 0.32% |
| ▁▁▁▄█▆▅▅ | NPA / Assets (%) | 0.81% | 0.95% | 0.56% | 2.12% | 4.27% | 3.18% | 2.73% | 2.73% |
| ▁▂▁▂█▆▄▅ | Net Charge-Off Ratio (%) | 2.16% | 2.47% | 1.40% | 3.25% | 9.15% | 6.81% | 5.18% | 5.59% |
| ▁▄▂▄▄███ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $12 | $12 |
| ▁▃▂█▆▇▇▄ | Gross Loans ($M) | $42 | $43 | $43 | $44 | $44 | $44 | $44 | $43 |
| ▃▂▁▅▅█▆▆ | Total Deposits ($M) | $102 | $100 | $96 | $105 | $106 | $113 | $108 | $109 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 17% |
| Agricultural | 7% |
| Consumer | 6% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 52% |
| Interest-Bearing (core) | 48% |