Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.02 | 1.25% |
| Return on Equity (%) | ▼ | 13.74% | -1.48 | 15.22% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.50 | 3.97% |
| Efficiency Ratio (%) | ▼ | 69.02% | +4.01 | 65.01% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.38% | -0.25 | 1.63% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +2.55 | $121 |
| Gross Loans ($M) | ▲ | $113 | +1.01 | $112 |
| Loan Growth YoY (%) | ▼ | 100.12% | -13.89 | 114.01% |
| Total Deposits ($M) | ▲ | $112 | +14.44 | $97 |
| Shareholders Equity ($M) | ▲ | $11 | +1.04 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.04 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 100.12% | -13.89 | 114.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.52% | +0.11 | 1.41% |
| Allowance / Loans (%) | — | 0.74% | 0.07% | 0.68% |
| Net Charge-Off Ratio (%) | ▼ | 1.66% | +0.21 | 1.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.14% | +0.88 | 11.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 3.54% | 3.64% | 3.73% | 3.97% | 4.09% | 4.11% | 4.18% | 4.46% |
| ▁▁▁▇█▇▅▇ | Return on Assets (%) | 0.76% | 0.77% | 0.82% | 1.25% | 1.32% | 1.21% | 1.08% | 1.23% |
| ▆██▁▁▂▄▄ | Efficiency Ratio (%) | 70.9% | 73.4% | 73.8% | 65.0% | 64.7% | 66.1% | 69.0% | 69.0% |
| ██▇▆▆▆▃▁ | Cost of Funds (%) | 1.73% | 1.71% | 1.66% | 1.63% | 1.64% | 1.63% | 1.48% | 1.38% |
| ▁▂▁█▄▅▅█ | NPA / Assets (%) | 0.57% | 0.70% | 0.51% | 1.41% | 1.00% | 1.02% | 1.07% | 1.52% |
| ▂▂▁▇▄▄▅█ | Net Charge-Off Ratio (%) | 0.64% | 0.69% | 0.48% | 1.45% | 1.01% | 1.03% | 1.15% | 1.66% |
| ▁▂▂▄▆▇▇█ | Tang. Book Value ($M) | $9 | $10 | $10 | $10 | $10 | $11 | $11 | $11 |
| ▁▆▇▆▆▆██ | Gross Loans ($M) | $108 | $111 | $112 | $112 | $112 | $112 | $113 | $113 |
| ▆▃▃▃▂▁██ | Total Deposits ($M) | $104 | $97 | $98 | $97 | $96 | $91 | $109 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |