Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.30% | -0.30 | 1.60% |
| Return on Equity (%) | ▼ | 15.01% | -4.96 | 19.97% |
| Net Interest Margin (%) | ▲ | 3.27% | +0.55 | 2.71% |
| Efficiency Ratio (%) | ▲ | 60.80% | -7.23 | 68.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $0 |
| Cost of Funds (%) | ▲ | 1.39% | -0.13 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $200 | +6.69 | $193 |
| Gross Loans ($M) | ▲ | $78 | +0.10 | $78 |
| Loan Growth YoY (%) | ▼ | 42.92% | -1.20 | 44.12% |
| Total Deposits ($M) | ▲ | $179 | +4.73 | $174 |
| Shareholders Equity ($M) | ▲ | $18 | +1.58 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.58 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +1.08 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 42.92% | -1.20 | 44.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.06 | 0.27% |
| Allowance / Loans (%) | — | 1.53% | 0.21% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.86% | +0.19 | 0.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▂▄▇▇█ | Net Interest Margin (%) | 2.53% | 2.65% | 2.60% | 2.71% | 2.88% | 3.11% | 3.10% | 3.27% |
| ▁▁██▆▆▅▆ | Return on Assets (%) | 0.73% | 0.80% | 1.52% | 1.60% | 1.38% | 1.32% | 1.22% | 1.30% |
| █▇█▅▃▂▂▁ | Efficiency Ratio (%) | 73.0% | 71.6% | 74.3% | 68.0% | 65.4% | 63.4% | 62.9% | 60.8% |
| ▆█▂▅▄▆▁▃ | Cost of Funds (%) | 1.52% | 1.68% | 1.35% | 1.51% | 1.43% | 1.53% | 1.24% | 1.39% |
| ▁▁▇▇▇█▇█ | NPA / Assets (%) | 0.01% | 0.01% | 0.26% | 0.27% | 0.26% | 0.31% | 0.26% | 0.33% |
| ▁▁▇▇▇▇▇█ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.67% | 0.67% | 0.66% | 0.73% | 0.69% | 0.86% |
| ▁▃▄▆▇███ | Tang. Book Value ($M) | $12 | $14 | $15 | $16 | $17 | $18 | $17 | $18 |
| ▂▁▄▆█▆█▆ | Gross Loans ($M) | $74 | $74 | $77 | $78 | $81 | $79 | $80 | $78 |
| ▆▁▇▄▆▂█▆ | Total Deposits ($M) | $181 | $158 | $185 | $174 | $183 | $163 | $192 | $179 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 12% |
| Agricultural | 5% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 6% |