Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.34% | -0.69 | 2.03% |
| Return on Equity (%) | ▼ | 10.19% | -6.78 | 16.97% |
| Net Interest Margin (%) | ▼ | 4.68% | -0.14 | 4.82% |
| Efficiency Ratio (%) | ▼ | 67.07% | +10.59 | 56.48% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.13 | $1 |
| Cost of Funds (%) | ▼ | 2.22% | +0.12 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +17.08 | $106 |
| Gross Loans ($M) | ▲ | $104 | +12.03 | $92 |
| Loan Growth YoY (%) | ▼ | 101.52% | -5.00 | 106.52% |
| Total Deposits ($M) | ▲ | $101 | +15.83 | $85 |
| Shareholders Equity ($M) | ▲ | $16 | +3.42 | $13 |
| Tang. Book Value ($M) | ▲ | $16 | +3.42 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 101.52% | -5.00 | 106.52% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.69% | +0.58 | 0.12% |
| Allowance / Loans (%) | — | 1.33% | 0.08% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.82% | +0.69 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▂▂▁▂▁ | Net Interest Margin (%) | 5.28% | 5.24% | 5.14% | 4.82% | 4.80% | 4.76% | 4.81% | 4.68% |
| ▁▃▄█▇▇▆▁ | Return on Assets (%) | 1.29% | 1.51% | 1.60% | 2.03% | 1.91% | 1.91% | 1.84% | 1.34% |
| █▆▆▁▁▁▂▅ | Efficiency Ratio (%) | 73.5% | 69.2% | 68.0% | 56.5% | 57.1% | 57.2% | 59.4% | 67.1% |
| ▁▅▃▆▆▇██ | Cost of Funds (%) | 1.72% | 1.98% | 1.91% | 2.10% | 2.06% | 2.14% | 2.23% | 2.22% |
| ▁▁▁▁▇█▇▆ | NPA / Assets (%) | 0.05% | 0.03% | 0.03% | 0.12% | 0.77% | 0.92% | 0.76% | 0.69% |
| ▁▁▁▁▇█▇▆ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.03% | 0.13% | 0.87% | 1.09% | 0.85% | 0.82% |
| ▁▁▅▅▇▇██ | Tang. Book Value ($M) | $9 | $9 | $13 | $13 | $15 | $15 | $16 | $16 |
| ▁▁▃▃▅▅██ | Gross Loans ($M) | $87 | $88 | $92 | $92 | $98 | $98 | $106 | $104 |
| ▁▂▃▃▄▆▇█ | Total Deposits ($M) | $77 | $80 | $85 | $85 | $88 | $93 | $96 | $101 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 4% |
| Agricultural | 8% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |