Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.89 | 0.75% |
| Return on Equity (%) | ▲ | 11.24% | +3.50 | 7.74% |
| Net Interest Margin (%) | ▼ | 3.74% | -0.46 | 4.20% |
| Efficiency Ratio (%) | ▲ | 80.50% | -0.81 | 81.31% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▲ | 0.35% | -0.47 | 0.82% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $135 | +16.86 | $118 |
| Gross Loans ($M) | ▲ | $84 | +28.05 | $56 |
| Loan Growth YoY (%) | ▲ | 72.70% | +20.68 | 52.02% |
| Total Deposits ($M) | ▲ | $114 | +8.40 | $106 |
| Shareholders Equity ($M) | ▲ | $20 | +7.81 | $12 |
| Tang. Book Value ($M) | ▲ | $10 | +2.05 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 72.70% | +20.68 | 52.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.54% | -0.51 | 1.05% |
| Allowance / Loans (%) | — | 0.90% | -0.22% | 1.12% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.12 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.29% | -5.42 | 16.71% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇▇█▁▅▇▇ | Net Interest Margin (%) | 3.88% | 3.91% | 3.81% | 4.20% | 1.84% | 3.11% | 3.69% | 3.74% |
| ▅▅▅▅▁▂▃█ | Return on Assets (%) | 0.72% | 0.87% | 0.83% | 0.75% | -0.35% | 0.13% | 0.29% | 1.64% |
| █▇▇█▁▁▂█ | Efficiency Ratio (%) | 81.1% | 78.3% | 79.0% | 81.3% | 68.1% | 68.3% | 71.2% | 80.5% |
| ██▇▇▁██▄ | Cost of Funds (%) | 0.93% | 1.04% | 0.86% | 0.82% | -0.17% | 0.92% | 0.99% | 0.35% |
| █▇██▄▁▁▁ | NPA / Assets (%) | 1.11% | 1.02% | 1.04% | 1.05% | 0.80% | 0.57% | 0.54% | 0.54% |
| █▅▆▃█▂▂▁ | Net Charge-Off Ratio (%) | 0.38% | 0.22% | 0.26% | 0.12% | 0.35% | 0.05% | 0.05% | 0.00% |
| ▁▄▁▂▅▇██ | Tang. Book Value ($M) | $8 | $9 | $8 | $8 | $9 | $10 | $10 | $10 |
| ▁▁▂▁▄▆██ | Gross Loans ($M) | $53 | $55 | $59 | $56 | $65 | $75 | $82 | $84 |
| ▁▁▆▄▄▅██ | Total Deposits ($M) | $98 | $98 | $108 | $106 | $105 | $108 | $114 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 12% |
| Agricultural | 11% |
| Consumer | 2% |
| Other | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 6% |