Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | — | 0.84% | 0.00 | 0.84% |
| Return on Equity (%) | ▲ | 9.12% | +0.21 | 8.91% |
| Net Interest Margin (%) | ▼ | 4.47% | -0.46 | 4.93% |
| Efficiency Ratio (%) | ▼ | 76.60% | +8.69 | 67.91% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.18 | $1 |
| Cost of Funds (%) | ▲ | 2.21% | -0.17 | 2.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $136 | -1.28 | $137 |
| Gross Loans ($M) | ▲ | $116 | +1.82 | $114 |
| Loan Growth YoY (%) | ▼ | 97.21% | -18.29 | 115.50% |
| Total Deposits ($M) | ▲ | $116 | +18.81 | $97 |
| Shareholders Equity ($M) | ▼ | $13 | -0.14 | $13 |
| Tang. Book Value ($M) | ▼ | $13 | -0.14 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 97.21% | -18.29 | 115.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 6.69% | +1.88 | 4.82% |
| Allowance / Loans (%) | — | 2.85% | 1.07% | 1.78% |
| Net Charge-Off Ratio (%) | ▼ | 7.80% | +2.82 | 4.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▆███▆▁ | Net Interest Margin (%) | 4.72% | 4.74% | 4.80% | 4.93% | 4.94% | 4.98% | 4.80% | 4.47% |
| ▆▅▆▇█▆▁▇ | Return on Assets (%) | 0.71% | 0.56% | 0.72% | 0.84% | 1.15% | 0.76% | -0.33% | 0.84% |
| ▁▁▁▅▄▅▇█ | Efficiency Ratio (%) | 59.0% | 58.5% | 59.7% | 67.9% | 65.6% | 69.4% | 72.1% | 76.6% |
| ███▄▃▇▇▁ | Cost of Funds (%) | 2.54% | 2.56% | 2.56% | 2.38% | 2.32% | 2.48% | 2.48% | 2.21% |
| ▁▁▄▆▆▂▅█ | NPA / Assets (%) | 1.88% | 1.62% | 4.05% | 4.82% | 4.84% | 2.64% | 4.55% | 6.69% |
| ▂▁▄▅▅▂▆█ | Net Charge-Off Ratio (%) | 2.21% | 1.10% | 4.18% | 4.99% | 5.13% | 2.76% | 5.42% | 7.80% |
| ▂▄▄▃▇█▁▃ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $14 | $14 | $13 | $13 |
| █▆▂▁▂█▅▃ | Gross Loans ($M) | $121 | $119 | $115 | $114 | $116 | $121 | $118 | $116 |
| ▄▃▁▁▃▂▃█ | Total Deposits ($M) | $104 | $104 | $98 | $97 | $104 | $102 | $102 | $116 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 39% |
| C&I / Commercial | 40% |
| Agricultural | 10% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 20% |