Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +1.94 | -0.67% |
| Return on Equity (%) | ▲ | 11.36% | +17.46 | -6.10% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.19 | 4.10% |
| Efficiency Ratio (%) | ▲ | 60.95% | -26.78 | 87.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.45 | $0 |
| Cost of Funds (%) | ▲ | 1.95% | -0.02 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $138 | -2.74 | $140 |
| Gross Loans ($M) | ▼ | $101 | -5.10 | $106 |
| Loan Growth YoY (%) | ▼ | 85.52% | -2.07 | 87.59% |
| Total Deposits ($M) | ▼ | $116 | -3.34 | $119 |
| Shareholders Equity ($M) | ▲ | $16 | +1.13 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.13 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 85.52% | -2.07 | 87.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.94% | -2.20 | 5.15% |
| Allowance / Loans (%) | — | 1.37% | 0.28% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 3.76% | -2.74 | 6.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.77% | +1.68 | 12.09% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▁▃▃▂ | Net Interest Margin (%) | 5.12% | 4.92% | 4.83% | 4.10% | 4.13% | 4.39% | 4.44% | 4.29% |
| ███▁▂▄▅▆ | Return on Assets (%) | 2.09% | 1.93% | 1.92% | -0.67% | 0.00% | 0.65% | 0.96% | 1.27% |
| ▁▁▁█▇▅▄▃ | Efficiency Ratio (%) | 49.2% | 51.0% | 52.3% | 87.7% | 79.5% | 69.0% | 63.8% | 61.0% |
| ▄█▆▁▃█▅▁ | Cost of Funds (%) | 2.06% | 2.18% | 2.10% | 1.96% | 2.02% | 2.19% | 2.09% | 1.95% |
| ▆▇▄▇██▃▁ | NPA / Assets (%) | 4.98% | 5.16% | 4.31% | 5.15% | 5.67% | 5.69% | 3.76% | 2.94% |
| ▇▄▃▇██▃▁ | Net Charge-Off Ratio (%) | 6.45% | 5.17% | 5.01% | 6.50% | 6.87% | 7.10% | 4.98% | 3.76% |
| ▁▂▄▁▁▅██ | Tang. Book Value ($M) | $15 | $15 | $15 | $15 | $15 | $15 | $16 | $16 |
| ▂▄▆▅▇█▃▁ | Gross Loans ($M) | $102 | $105 | $107 | $106 | $108 | $110 | $104 | $101 |
| ▃▁▄▇█▇▇▅ | Total Deposits ($M) | $113 | $109 | $114 | $119 | $121 | $118 | $119 | $116 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 18% |
| Agricultural | 26% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 24% |