Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.64 | 0.58% |
| Return on Equity (%) | ▲ | 10.99% | +5.73 | 5.26% |
| Net Interest Margin (%) | ▲ | 4.34% | +0.44 | 3.90% |
| Efficiency Ratio (%) | ▲ | 63.91% | -9.52 | 73.43% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.18 | $0 |
| Cost of Funds (%) | ▼ | 1.89% | +0.03 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $118 | +6.60 | $112 |
| Gross Loans ($M) | ▼ | $80 | -2.62 | $83 |
| Loan Growth YoY (%) | ▼ | 77.51% | -8.06 | 85.57% |
| Total Deposits ($M) | ▲ | $102 | +6.45 | $96 |
| Shareholders Equity ($M) | ▲ | $13 | +0.65 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +0.65 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 77.51% | -8.06 | 85.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 4.90% | +1.03 | 3.87% |
| Allowance / Loans (%) | — | 1.41% | 0.15% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 7.14% | +2.09 | 5.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.99% | +1.63 | 17.36% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▄▃▃▁▃█ | Net Interest Margin (%) | 3.83% | 3.89% | 3.93% | 3.90% | 3.91% | 3.65% | 3.82% | 4.34% |
| ▂▂▂▁▂▁▂█ | Return on Assets (%) | 0.67% | 0.71% | 0.68% | 0.58% | 0.73% | 0.59% | 0.66% | 1.22% |
| ▂▃▅█▅█▇▁ | Efficiency Ratio (%) | 65.4% | 66.4% | 69.2% | 73.4% | 69.6% | 72.4% | 71.3% | 63.9% |
| ▁▅▃▁▄██▂ | Cost of Funds (%) | 1.86% | 1.94% | 1.90% | 1.86% | 1.93% | 2.00% | 1.98% | 1.89% |
| ▃▄▁▂▅█▇▇ | NPA / Assets (%) | 4.10% | 4.26% | 3.61% | 3.87% | 4.51% | 5.29% | 4.90% | 4.90% |
| ▁▃▁▂▅█▇█ | Net Charge-Off Ratio (%) | 4.82% | 5.18% | 4.50% | 5.06% | 5.83% | 6.99% | 6.67% | 7.14% |
| ▁▃▃▅▆▆██ | Tang. Book Value ($M) | $12 | $12 | $12 | $12 | $12 | $13 | $13 | $13 |
| ▆██▅▅▅▃▁ | Gross Loans ($M) | $83 | $85 | $85 | $83 | $83 | $83 | $82 | $80 |
| ▁▁▃▅▄▄▆█ | Total Deposits ($M) | $89 | $90 | $93 | $96 | $94 | $95 | $98 | $102 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 12% |
| Agricultural | 5% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |