Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.64% | -0.05 | 1.69% |
| Return on Equity (%) | ▼ | 15.28% | -1.58 | 16.86% |
| Net Interest Margin (%) | ▼ | 5.82% | -0.25 | 6.06% |
| Efficiency Ratio (%) | ▲ | 72.47% | -0.33 | 72.80% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.00 | $0 |
| Cost of Funds (%) | ▲ | 1.05% | -0.21 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $101 | -0.41 | $101 |
| Gross Loans ($M) | ▼ | $68 | -2.94 | $70 |
| Loan Growth YoY (%) | ▼ | 75.31% | -0.84 | 76.15% |
| Total Deposits ($M) | ▼ | $89 | -2.50 | $91 |
| Shareholders Equity ($M) | ▲ | $10 | +0.90 | $10 |
| Tang. Book Value ($M) | ▲ | $10 | +0.90 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.02 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 75.31% | -0.84 | 76.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.24 | 0.06% |
| Allowance / Loans (%) | — | 1.01% | -0.37% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 0.45% | +0.36 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.77% | +0.93 | 14.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇█▆▆▆▇▁ | Net Interest Margin (%) | 6.15% | 6.12% | 6.21% | 6.06% | 6.10% | 6.10% | 6.11% | 5.82% |
| ▇██▁▄▄▅▁ | Return on Assets (%) | 2.19% | 2.27% | 2.32% | 1.69% | 1.95% | 1.95% | 1.99% | 1.64% |
| ▂▁▁█▅▅▅█ | Efficiency Ratio (%) | 65.2% | 63.8% | 63.4% | 72.8% | 68.6% | 68.7% | 68.1% | 72.5% |
| ▆██▄▄▅▂▁ | Cost of Funds (%) | 1.36% | 1.47% | 1.44% | 1.26% | 1.25% | 1.30% | 1.11% | 1.05% |
| ▁▁▁▁▁▂▁█ | NPA / Assets (%) | 0.07% | 0.07% | 0.07% | 0.06% | 0.06% | 0.09% | 0.05% | 0.30% |
| ▁▁▁▁▁▂▁█ | Net Charge-Off Ratio (%) | 0.10% | 0.10% | 0.09% | 0.09% | 0.09% | 0.13% | 0.08% | 0.45% |
| ▁▄▄▁▃▆█▅ | Tang. Book Value ($M) | $9 | $10 | $10 | $10 | $10 | $11 | $11 | $10 |
| █▅▆█▁▁▅▁ | Gross Loans ($M) | $71 | $70 | $70 | $70 | $68 | $68 | $69 | $68 |
| ▁▅▁██▂▁▅ | Total Deposits ($M) | $87 | $89 | $86 | $91 | $91 | $87 | $87 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 14% |
| Agricultural | 11% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 5% |