Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.55% | -0.11 | 0.66% |
| Return on Equity (%) | ▼ | 7.83% | -3.04 | 10.87% |
| Net Interest Margin (%) | ▼ | 3.84% | -0.06 | 3.91% |
| Efficiency Ratio (%) | ▼ | 80.91% | +2.51 | 78.40% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▼ | 1.38% | +0.18 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $139 | +4.94 | $134 |
| Gross Loans ($M) | ▲ | $94 | +5.36 | $89 |
| Loan Growth YoY (%) | ▲ | 72.63% | +2.46 | 70.17% |
| Total Deposits ($M) | ▲ | $128 | +3.04 | $125 |
| Shareholders Equity ($M) | ▲ | $10 | +1.75 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +1.75 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.68 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 72.63% | +2.46 | 70.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.14 | 0.06% |
| Allowance / Loans (%) | — | 0.88% | 0.02% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 0.29% | +0.21 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.98% | +0.40 | 12.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▄▇██▂ | Net Interest Margin (%) | 3.76% | 3.78% | 3.93% | 3.91% | 4.06% | 4.09% | 4.13% | 3.84% |
| ▆▇█▃▅▆█▁ | Return on Assets (%) | 0.76% | 0.81% | 0.87% | 0.66% | 0.75% | 0.78% | 0.84% | 0.55% |
| ▃▂▁▆▄▄▂█ | Efficiency Ratio (%) | 75.2% | 73.7% | 72.0% | 78.4% | 76.4% | 75.4% | 74.0% | 80.9% |
| ▅▆▁▅▅▆▄█ | Cost of Funds (%) | 1.23% | 1.27% | 1.01% | 1.20% | 1.20% | 1.25% | 1.16% | 1.38% |
| ▇▃▁▂▃▁▂█ | NPA / Assets (%) | 0.17% | 0.07% | 0.03% | 0.06% | 0.09% | 0.04% | 0.06% | 0.20% |
| █▃▁▂▃▁▂█ | Net Charge-Off Ratio (%) | 0.27% | 0.12% | 0.04% | 0.08% | 0.13% | 0.05% | 0.09% | 0.29% |
| ▁▄▃▄▄▇██ | Tang. Book Value ($M) | $7 | $8 | $8 | $8 | $8 | $9 | $10 | $10 |
| ▁▁▂▄▇███ | Gross Loans ($M) | $83 | $84 | $85 | $89 | $92 | $94 | $94 | $94 |
| ▁▃▂▃▅▅█▅ | Total Deposits ($M) | $121 | $125 | $124 | $125 | $129 | $129 | $135 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Agricultural | 4% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 13% |