Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.63% | -0.16 | 0.78% |
| Return on Equity (%) | ▼ | 6.26% | -1.89 | 8.15% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.24 | 4.05% |
| Efficiency Ratio (%) | ▼ | 83.99% | +2.68 | 81.31% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.80% | -0.15 | 1.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +0.45 | $125 |
| Gross Loans ($M) | ▼ | $95 | -2.22 | $98 |
| Loan Growth YoY (%) | ▼ | 83.84% | -4.99 | 88.83% |
| Total Deposits ($M) | ▲ | $112 | +3.83 | $109 |
| Shareholders Equity ($M) | ▲ | $13 | +0.71 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +0.71 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 83.84% | -4.99 | 88.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.03 | 0.26% |
| Allowance / Loans (%) | — | 1.27% | 0.02% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.04 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▇███ | Net Interest Margin (%) | 3.88% | 3.96% | 4.02% | 4.05% | 4.26% | 4.29% | 4.33% | 4.29% |
| ▅▄▃▄█▅▆▁ | Return on Assets (%) | 0.80% | 0.76% | 0.73% | 0.78% | 0.97% | 0.83% | 0.87% | 0.63% |
| ▁▃▅▅▁▄▃█ | Efficiency Ratio (%) | 77.6% | 79.4% | 81.1% | 81.3% | 78.2% | 80.0% | 79.9% | 84.0% |
| ▄█▇▄▄▅▃▁ | Cost of Funds (%) | 1.95% | 2.11% | 2.07% | 1.95% | 1.95% | 1.99% | 1.90% | 1.80% |
| ██▅▁▁▁▁▁ | NPA / Assets (%) | 0.68% | 0.73% | 0.51% | 0.26% | 0.27% | 0.27% | 0.31% | 0.29% |
| ▇█▄▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.80% | 0.90% | 0.61% | 0.34% | 0.34% | 0.34% | 0.40% | 0.38% |
| ▁▂▂▄▆▆██ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $12 | $12 | $12 | $13 |
| █▃█▆▇▂▁▁ | Gross Loans ($M) | $99 | $97 | $98 | $98 | $98 | $96 | $96 | $95 |
| ▂▁▁▆▅▅▇█ | Total Deposits ($M) | $104 | $102 | $101 | $109 | $108 | $107 | $110 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 4% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 10% |