Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.16 | 0.61% |
| Return on Equity (%) | ▲ | 12.94% | +1.66 | 11.28% |
| Net Interest Margin (%) | ▼ | 3.69% | -0.11 | 3.80% |
| Efficiency Ratio (%) | ▲ | 71.79% | -7.12 | 78.91% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 1.99% | -0.11 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $167 | +19.91 | $147 |
| Gross Loans ($M) | ▲ | $108 | +10.29 | $98 |
| Loan Growth YoY (%) | ▼ | 69.78% | -1.78 | 71.56% |
| Total Deposits ($M) | ▲ | $153 | +18.07 | $135 |
| Shareholders Equity ($M) | ▲ | $10 | +1.70 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +1.70 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.64 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 69.78% | -1.78 | 71.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.02 | 0.13% |
| Allowance / Loans (%) | — | 1.23% | -0.06% | 1.29% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.03 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇█▇▇▆ | Net Interest Margin (%) | 3.37% | 3.48% | 3.55% | 3.80% | 3.88% | 3.76% | 3.77% | 3.69% |
| ▁▁▁▄▄▄▆█ | Return on Assets (%) | 0.50% | 0.52% | 0.53% | 0.61% | 0.63% | 0.61% | 0.70% | 0.77% |
| ███▇▇▇▅▁ | Efficiency Ratio (%) | 80.0% | 80.2% | 80.7% | 78.9% | 78.6% | 78.7% | 76.8% | 71.8% |
| ▄▄▂▆▂▆█▁ | Cost of Funds (%) | 2.06% | 2.06% | 2.01% | 2.09% | 2.02% | 2.10% | 2.15% | 1.99% |
| ▂▄▅▂▁█▂▁ | NPA / Assets (%) | 0.17% | 0.24% | 0.26% | 0.13% | 0.10% | 0.40% | 0.15% | 0.11% |
| ▃▄▅▁▁█▂▁ | Net Charge-Off Ratio (%) | 0.27% | 0.37% | 0.41% | 0.20% | 0.14% | 0.64% | 0.24% | 0.18% |
| ▁▄▁▂▃▇██ | Tang. Book Value ($M) | $8 | $9 | $8 | $8 | $8 | $10 | $10 | $10 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $89 | $92 | $94 | $98 | $100 | $104 | $104 | $108 |
| ▂▁▂▃▃███ | Total Deposits ($M) | $131 | $126 | $130 | $135 | $135 | $153 | $154 | $153 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 9% |
| Agricultural | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |