Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.79% | -0.27 | 2.06% |
| Return on Equity (%) | ▼ | 14.66% | -3.55 | 18.21% |
| Net Interest Margin (%) | ▼ | 6.02% | -0.04 | 6.07% |
| Efficiency Ratio (%) | ▼ | 65.52% | +5.21 | 60.32% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.13 | $1 |
| Cost of Funds (%) | ▼ | 0.60% | +0.03 | 0.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $205 | +16.59 | $189 |
| Gross Loans ($M) | ▲ | $131 | +6.98 | $124 |
| Loan Growth YoY (%) | ▼ | 73.09% | -2.11 | 75.20% |
| Total Deposits ($M) | ▲ | $177 | +14.43 | $163 |
| Shareholders Equity ($M) | ▲ | $24 | +2.34 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.34 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +2.28 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 73.09% | -2.11 | 75.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.53% | -0.06 | 0.59% |
| Allowance / Loans (%) | — | 1.54% | -0.20% | 1.74% |
| Net Charge-Off Ratio (%) | ▲ | 0.83% | -0.06 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.43% | -0.63 | 18.06% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▇██▄ | Net Interest Margin (%) | 5.62% | 5.59% | 5.67% | 6.07% | 6.34% | 6.46% | 6.50% | 6.02% |
| ▅▄▃▆██▇▁ | Return on Assets (%) | 1.98% | 1.96% | 1.90% | 2.06% | 2.16% | 2.17% | 2.11% | 1.79% |
| ▁▂▄▅▄▄▆█ | Efficiency Ratio (%) | 54.6% | 56.2% | 58.9% | 60.3% | 59.6% | 60.0% | 61.5% | 65.5% |
| ██▇▂▃▁▁▃ | Cost of Funds (%) | 0.90% | 0.95% | 0.86% | 0.57% | 0.58% | 0.45% | 0.49% | 0.60% |
| ▁▄▆█▃▄▃▇ | NPA / Assets (%) | 0.32% | 0.43% | 0.52% | 0.59% | 0.41% | 0.43% | 0.41% | 0.53% |
| ▁▄▆█▂▃▁▇ | Net Charge-Off Ratio (%) | 0.53% | 0.69% | 0.79% | 0.89% | 0.60% | 0.63% | 0.57% | 0.83% |
| ▂▅▁▃▆█▆█ | Tang. Book Value ($M) | $21 | $23 | $21 | $22 | $23 | $24 | $23 | $24 |
| ▁▁▁▂▂▁█▇ | Gross Loans ($M) | $122 | $123 | $123 | $124 | $124 | $123 | $134 | $131 |
| █▆▄▄▂▁▃█ | Total Deposits ($M) | $179 | $170 | $162 | $163 | $158 | $152 | $159 | $177 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 12% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 6% |