Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.23 | 0.49% |
| Return on Equity (%) | ▲ | 5.82% | +1.62 | 4.20% |
| Net Interest Margin (%) | ▲ | 3.00% | +0.28 | 2.72% |
| Efficiency Ratio (%) | ▲ | 72.28% | -6.23 | 78.51% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.25% | -0.28 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $209 | +3.93 | $206 |
| Gross Loans ($M) | ▼ | $125 | -8.47 | $133 |
| Loan Growth YoY (%) | ▼ | 68.03% | -6.39 | 74.41% |
| Total Deposits ($M) | ▲ | $181 | +5.36 | $176 |
| Shareholders Equity ($M) | ▲ | $26 | +1.48 | $25 |
| Tang. Book Value ($M) | ▲ | $26 | +1.48 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +1.96 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 68.03% | -6.39 | 74.41% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -2.96 | 3.04% |
| Allowance / Loans (%) | — | 1.24% | -0.57% | 1.82% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -4.54 | 4.69% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.17% | +1.39 | 22.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇██ | Net Interest Margin (%) | 2.48% | 2.53% | 2.59% | 2.72% | 2.86% | 2.93% | 2.96% | 3.00% |
| ▁▁▁▃▅▆▅█ | Return on Assets (%) | 0.41% | 0.41% | 0.43% | 0.49% | 0.57% | 0.60% | 0.59% | 0.72% |
| ██▇▆▂▁▁▁ | Efficiency Ratio (%) | 80.4% | 81.1% | 80.0% | 78.5% | 74.3% | 73.4% | 72.3% | 72.3% |
| █▇▇▇▅▄▂▁ | Cost of Funds (%) | 1.61% | 1.53% | 1.55% | 1.53% | 1.45% | 1.39% | 1.29% | 1.25% |
| ▄▃▃█▂▁▁▁ | NPA / Assets (%) | 1.23% | 1.19% | 0.99% | 3.04% | 0.54% | 0.09% | 0.12% | 0.09% |
| ▄▄▃█▂▁▁▁ | Net Charge-Off Ratio (%) | 1.90% | 1.90% | 1.56% | 4.69% | 0.87% | 0.15% | 0.19% | 0.14% |
| ▁▅▂▄▅███ | Tang. Book Value ($M) | $23 | $25 | $24 | $25 | $25 | $26 | $26 | $26 |
| █▆█▇▂▂▄▁ | Gross Loans ($M) | $135 | $131 | $134 | $133 | $127 | $126 | $129 | $125 |
| ▁▁▂▂▂▁█▇ | Total Deposits ($M) | $174 | $174 | $176 | $176 | $176 | $174 | $183 | $181 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 18% |
| Agricultural | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |