Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.17 | 0.67% |
| Return on Equity (%) | ▲ | 7.22% | +0.94 | 6.28% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.25 | 3.06% |
| Efficiency Ratio (%) | ▲ | 72.43% | -5.75 | 78.18% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.30% | -0.25 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $143 | +0.96 | $142 |
| Gross Loans ($M) | ▼ | $47 | -0.05 | $47 |
| Loan Growth YoY (%) | ▼ | 38.59% | -0.18 | 38.76% |
| Total Deposits ($M) | ▲ | $120 | +0.12 | $120 |
| Shareholders Equity ($M) | ▲ | $16 | +0.74 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +0.74 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +0.83 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 38.59% | -0.18 | 38.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.48% | -0.08 | 0.56% |
| Allowance / Loans (%) | — | 1.88% | 0.24% | 1.64% |
| Net Charge-Off Ratio (%) | ▲ | 1.45% | -0.23 | 1.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 33.56% | +0.90 | 32.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▅▃▁▁▃▄▆ | Net Interest Margin (%) | 3.39% | 3.26% | 3.18% | 3.06% | 3.08% | 3.16% | 3.22% | 3.30% |
| █▇▃▃▃▄▁▅ | Return on Assets (%) | 1.14% | 0.97% | 0.65% | 0.67% | 0.65% | 0.75% | 0.40% | 0.85% |
| ▁▂▅▆▆▅█▃ | Efficiency Ratio (%) | 66.3% | 70.2% | 77.7% | 78.2% | 79.2% | 76.5% | 85.1% | 72.4% |
| ▁█▇▇▆▄▂▁ | Cost of Funds (%) | 1.31% | 1.63% | 1.56% | 1.56% | 1.52% | 1.44% | 1.35% | 1.30% |
| ▁▇███▆▆▇ | NPA / Assets (%) | 0.15% | 0.47% | 0.56% | 0.56% | 0.52% | 0.41% | 0.43% | 0.48% |
| ▁▇██▇▆▆▇ | Net Charge-Off Ratio (%) | 0.47% | 1.40% | 1.68% | 1.68% | 1.53% | 1.23% | 1.25% | 1.45% |
| ▂▇▁▃▂█▇▅ | Tang. Book Value ($M) | $15 | $17 | $15 | $16 | $15 | $17 | $17 | $16 |
| ▅▅█▄▃▁▆▄ | Gross Loans ($M) | $47 | $47 | $48 | $47 | $47 | $47 | $47 | $47 |
| █▂▅▄▂▁▁▄ | Total Deposits ($M) | $126 | $117 | $121 | $120 | $118 | $116 | $116 | $120 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 8% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 5% |