Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.02% | -0.63 | 1.66% |
| Return on Equity (%) | ▼ | 8.97% | -5.78 | 14.75% |
| Net Interest Margin (%) | ▼ | 3.43% | -0.41 | 3.84% |
| Efficiency Ratio (%) | ▼ | 63.55% | +8.22 | 55.33% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.13 | $1 |
| Cost of Funds (%) | ▼ | 1.72% | +0.08 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $140 | +10.60 | $129 |
| Gross Loans ($M) | ▼ | $95 | -4.90 | $100 |
| Loan Growth YoY (%) | ▼ | 84.39% | -9.06 | 93.45% |
| Total Deposits ($M) | ▲ | $111 | +5.76 | $105 |
| Shareholders Equity ($M) | ▲ | $15 | +0.74 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +0.74 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.23 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 84.39% | -9.06 | 93.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.46% | -0.71 | 2.17% |
| Allowance / Loans (%) | — | 1.73% | -0.17% | 1.90% |
| Net Charge-Off Ratio (%) | ▲ | 1.07% | -1.74 | 2.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▆▆███▇▁ | Net Interest Margin (%) | 3.60% | 3.70% | 3.70% | 3.84% | 3.82% | 3.84% | 3.76% | 3.43% |
| █████▇▆▁ | Return on Assets (%) | 1.64% | 1.68% | 1.71% | 1.66% | 1.68% | 1.60% | 1.45% | 1.02% |
| ▁▁▁▃▂▃▄█ | Efficiency Ratio (%) | 52.5% | 53.3% | 52.5% | 55.3% | 54.1% | 55.8% | 57.4% | 63.5% |
| ▁▂▂▄▄██▆ | Cost of Funds (%) | 1.52% | 1.57% | 1.57% | 1.64% | 1.64% | 1.82% | 1.80% | 1.72% |
| ▁▂█▇▇▂▇▄ | NPA / Assets (%) | 0.64% | 0.92% | 2.41% | 2.17% | 2.03% | 1.07% | 2.01% | 1.46% |
| ▁▂██▇▃▁▁ | Net Charge-Off Ratio (%) | 0.80% | 1.18% | 3.06% | 2.81% | 2.74% | 1.49% | 1.04% | 1.07% |
| ▁▄▂▄▅██▆ | Tang. Book Value ($M) | $14 | $15 | $14 | $15 | $15 | $16 | $16 | $15 |
| ▅▃█▇█▅▆▁ | Gross Loans ($M) | $98 | $97 | $101 | $100 | $101 | $99 | $100 | $95 |
| ▃▁▁▃▆▆▅█ | Total Deposits ($M) | $104 | $102 | $102 | $105 | $108 | $108 | $107 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 66% |
| C&I / Commercial | 10% |
| Agricultural | 21% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 15% |