Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.94% | -0.02 | 0.95% |
| Return on Equity (%) | ▼ | 14.60% | -1.92 | 16.52% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.11 | 3.38% |
| Efficiency Ratio (%) | ▲ | 67.73% | -4.64 | 72.37% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.60% | -0.02 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $115 | +8.40 | $106 |
| Gross Loans ($M) | ▼ | $58 | -0.79 | $59 |
| Loan Growth YoY (%) | ▼ | 54.21% | -4.82 | 59.02% |
| Total Deposits ($M) | ▲ | $107 | +7.38 | $100 |
| Shareholders Equity ($M) | ▲ | $7 | +0.94 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +0.94 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $8 | +1.15 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 54.21% | -4.82 | 59.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.59% | +0.58 | 0.02% |
| Allowance / Loans (%) | — | 0.82% | 0.03% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 1.16% | +1.13 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.85% | +1.13 | 11.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇████ | Net Interest Margin (%) | 2.75% | 2.94% | 3.03% | 3.38% | 3.45% | 3.50% | 3.52% | 3.50% |
| ▁▂▇▇███▇ | Return on Assets (%) | 0.30% | 0.46% | 0.94% | 0.95% | 1.11% | 1.13% | 1.06% | 0.94% |
| █▇▆▂▁▁▁▁ | Efficiency Ratio (%) | 89.4% | 84.6% | 82.5% | 72.4% | 68.4% | 68.0% | 70.4% | 67.7% |
| █▂▂▁▅▄▃▁ | Cost of Funds (%) | 1.91% | 1.67% | 1.66% | 1.61% | 1.78% | 1.74% | 1.71% | 1.60% |
| ▁▁▁▁▆██▇ | NPA / Assets (%) | 0.05% | 0.04% | 0.02% | 0.02% | 0.48% | 0.72% | 0.69% | 0.59% |
| ▁▁▁▁▆███ | Net Charge-Off Ratio (%) | 0.09% | 0.07% | 0.03% | 0.03% | 0.84% | 1.23% | 1.26% | 1.16% |
| ▁▂▄▅▆███ | Tang. Book Value ($M) | $5 | $5 | $6 | $6 | $7 | $7 | $7 | $7 |
| ▁▃▃▄▆█▅▃ | Gross Loans ($M) | $57 | $58 | $59 | $59 | $61 | $63 | $60 | $58 |
| ▁▂▃▅▅▅▆█ | Total Deposits ($M) | $89 | $93 | $95 | $100 | $99 | $99 | $103 | $107 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 7% |
| Agricultural | 8% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 11% |