Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.40% | -0.11 | 0.51% |
| Return on Equity (%) | ▼ | 4.10% | -1.48 | 5.58% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.30 | 3.14% |
| Efficiency Ratio (%) | ▼ | 84.33% | +6.44 | 77.90% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.58% | -0.33 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $234 | +0.88 | $233 |
| Gross Loans ($M) | ▲ | $164 | +1.96 | $162 |
| Loan Growth YoY (%) | ▼ | 78.00% | -0.31 | 78.31% |
| Total Deposits ($M) | ▲ | $208 | +3.31 | $205 |
| Shareholders Equity ($M) | ▲ | $23 | +1.86 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +1.86 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +1.96 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 78.00% | -0.31 | 78.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.50% | +1.12 | 1.38% |
| Allowance / Loans (%) | — | 1.04% | -0.01% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 1.67% | -0.31 | 1.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.73% | +0.46 | 13.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▇███ | Net Interest Margin (%) | 2.85% | 2.89% | 2.94% | 3.14% | 3.29% | 3.38% | 3.38% | 3.44% |
| ▁▁▂▃▅█▇▁ | Return on Assets (%) | 0.37% | 0.41% | 0.43% | 0.51% | 0.60% | 0.74% | 0.66% | 0.40% |
| █▇▇▅▃▁▂█ | Efficiency Ratio (%) | 84.0% | 82.3% | 81.3% | 77.9% | 74.5% | 71.0% | 74.1% | 84.3% |
| ███▅▄▂▂▁ | Cost of Funds (%) | 2.15% | 2.23% | 2.15% | 1.91% | 1.83% | 1.72% | 1.67% | 1.58% |
| ▁▂▁▄▅▆██ | NPA / Assets (%) | 0.48% | 0.71% | 0.27% | 1.38% | 1.56% | 1.85% | 2.34% | 2.50% |
| ▂▃▁▆▇█▃▅ | Net Charge-Off Ratio (%) | 0.66% | 0.96% | 0.37% | 1.98% | 2.18% | 2.55% | 1.19% | 1.67% |
| ▁▃▁▂▂▇██ | Tang. Book Value ($M) | $21 | $21 | $21 | $21 | $21 | $22 | $23 | $23 |
| ▆▆▅▁▁█▅▂ | Gross Loans ($M) | $169 | $169 | $168 | $162 | $163 | $172 | $168 | $164 |
| ▁▁▁▃▁█▅▇ | Total Deposits ($M) | $202 | $203 | $203 | $205 | $203 | $210 | $206 | $208 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 15% |
| Agricultural | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 15% |