Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.70% | +0.34 | 0.36% |
| Return on Equity (%) | ▲ | 6.86% | +2.90 | 3.96% |
| Net Interest Margin (%) | ▲ | 2.25% | +0.33 | 1.93% |
| Efficiency Ratio (%) | ▲ | 58.56% | -16.75 | 75.31% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.18 | $0 |
| Cost of Funds (%) | ▲ | 2.29% | -0.30 | 2.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $148 | +11.14 | $136 |
| Gross Loans ($M) | ▲ | $66 | +3.19 | $63 |
| Loan Growth YoY (%) | ▼ | 51.29% | -1.03 | 52.31% |
| Total Deposits ($M) | ▲ | $127 | +8.68 | $119 |
| Shareholders Equity ($M) | ▲ | $15 | +2.37 | $12 |
| Tang. Book Value ($M) | ▲ | $15 | +2.37 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.30 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 51.29% | -1.03 | 52.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.06 | 0.02% |
| Allowance / Loans (%) | — | 1.86% | -0.15% | 2.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.18% | +0.14 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▆█ | Net Interest Margin (%) | 1.74% | 1.70% | 1.73% | 1.93% | 1.97% | 2.03% | 2.06% | 2.25% |
| ▂▁▁▃▃▄▄█ | Return on Assets (%) | 0.31% | 0.27% | 0.23% | 0.36% | 0.40% | 0.46% | 0.45% | 0.70% |
| ▇██▆▅▄▅▁ | Efficiency Ratio (%) | 79.9% | 82.4% | 84.0% | 75.3% | 73.5% | 70.5% | 73.5% | 58.6% |
| ▅█▇▆▅▃▃▁ | Cost of Funds (%) | 2.56% | 2.75% | 2.67% | 2.59% | 2.56% | 2.44% | 2.42% | 2.29% |
| █▁▁▁▁▃▁▁ | NPA / Assets (%) | 1.07% | 0.14% | 0.02% | 0.02% | 0.10% | 0.33% | 0.05% | 0.08% |
| █▁▁▁▁▃▁▁ | Net Charge-Off Ratio (%) | 2.37% | 0.32% | 0.04% | 0.04% | 0.22% | 0.69% | 0.11% | 0.18% |
| ▂▇▃▁▁▅█▆ | Tang. Book Value ($M) | $13 | $15 | $13 | $12 | $12 | $14 | $15 | $15 |
| ▁▁▂▂▂██▇ | Gross Loans ($M) | $63 | $63 | $64 | $63 | $63 | $67 | $68 | $66 |
| ▁▁▁▃▂▂▆█ | Total Deposits ($M) | $115 | $116 | $116 | $119 | $118 | $117 | $124 | $127 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 8% |
| Agricultural | 23% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 20% |