Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.24 | 0.48% |
| Return on Equity (%) | ▲ | 7.38% | +2.27 | 5.11% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.08 | 3.78% |
| Efficiency Ratio (%) | ▲ | 73.39% | -1.95 | 75.33% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $0 |
| Cost of Funds (%) | ▲ | 1.28% | -0.06 | 1.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $185 | +14.33 | $171 |
| Gross Loans ($M) | ▲ | $110 | +5.48 | $105 |
| Loan Growth YoY (%) | ▼ | 65.85% | -2.69 | 68.54% |
| Total Deposits ($M) | ▲ | $166 | +14.69 | $151 |
| Shareholders Equity ($M) | ▲ | $18 | +1.44 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.44 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.21 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 65.85% | -2.69 | 68.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.75 | 0.89% |
| Allowance / Loans (%) | — | 0.96% | -0.18% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.24% | -1.15 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▄▇██▅ | Net Interest Margin (%) | 3.58% | 3.68% | 3.77% | 3.78% | 3.93% | 4.01% | 4.05% | 3.86% |
| ▇▆▅▁▂▅▇█ | Return on Assets (%) | 0.69% | 0.64% | 0.61% | 0.48% | 0.53% | 0.62% | 0.67% | 0.72% |
| ▁▁▄█▅▁▁▁ | Efficiency Ratio (%) | 73.6% | 73.5% | 74.3% | 75.3% | 74.4% | 73.5% | 73.5% | 73.4% |
| ▁▅▅█▃▅▄▅ | Cost of Funds (%) | 1.20% | 1.27% | 1.28% | 1.34% | 1.23% | 1.27% | 1.27% | 1.28% |
| ██▅▆▃▁▁▁ | NPA / Assets (%) | 1.29% | 1.22% | 0.80% | 0.89% | 0.53% | 0.16% | 0.15% | 0.14% |
| ██▅▅▃▁▁▁ | Net Charge-Off Ratio (%) | 2.20% | 2.04% | 1.24% | 1.39% | 0.86% | 0.25% | 0.23% | 0.24% |
| ▁▄▂▄▆███ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $17 | $17 | $18 | $18 |
| ▁▂▅▂▃▇█▄ | Gross Loans ($M) | $102 | $105 | $111 | $105 | $107 | $115 | $119 | $110 |
| ▁▂▁▂▃▆▅█ | Total Deposits ($M) | $148 | $150 | $147 | $151 | $153 | $160 | $158 | $166 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 29% |
| Agricultural | 15% |
| Consumer | 8% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 14% |