Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.27 | 0.32% |
| Return on Equity (%) | ▲ | 5.59% | +2.35 | 3.24% |
| Net Interest Margin (%) | ▲ | 3.25% | +0.41 | 2.84% |
| Efficiency Ratio (%) | ▲ | 81.87% | -6.84 | 88.70% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.75% | -0.43 | 2.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $134 | +4.02 | $130 |
| Gross Loans ($M) | ▼ | $87 | -1.82 | $88 |
| Loan Growth YoY (%) | ▼ | 75.64% | -2.77 | 78.41% |
| Total Deposits ($M) | ▲ | $113 | +1.67 | $111 |
| Shareholders Equity ($M) | ▲ | $14 | +1.48 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.48 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.50 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 75.64% | -2.77 | 78.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.01 | 0.20% |
| Allowance / Loans (%) | — | 1.34% | 0.02% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.01 | 0.29% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▇▇█ | Net Interest Margin (%) | 2.20% | 2.26% | 2.32% | 2.84% | 2.92% | 3.00% | 3.03% | 3.25% |
| ▅▅▁▇▇███ | Return on Assets (%) | 0.01% | -0.05% | -0.92% | 0.32% | 0.39% | 0.43% | 0.49% | 0.59% |
| ▆▇█▃▂▂▁▁ | Efficiency Ratio (%) | 99.5% | 102.2% | 106.0% | 88.7% | 87.6% | 85.9% | 84.2% | 81.9% |
| ▃▅█▆▄▂▃▁ | Cost of Funds (%) | 1.96% | 2.11% | 2.33% | 2.17% | 2.03% | 1.86% | 1.95% | 1.75% |
| ██▆▁▁▁▁▁ | NPA / Assets (%) | 0.32% | 0.33% | 0.28% | 0.20% | 0.20% | 0.19% | 0.18% | 0.18% |
| ██▄▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.49% | 0.50% | 0.37% | 0.29% | 0.30% | 0.28% | 0.28% | 0.28% |
| ▂▇▁▁▃▇██ | Tang. Book Value ($M) | $13 | $14 | $13 | $13 | $13 | $14 | $14 | $14 |
| ▁▂██▇██▇ | Gross Loans ($M) | $77 | $79 | $89 | $88 | $86 | $89 | $89 | $87 |
| ▂▁▃▇▇▅██ | Total Deposits ($M) | $102 | $100 | $104 | $111 | $111 | $107 | $113 | $113 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 19% |
| Agricultural | 9% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |