Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | -0.34% | -0.93 | 0.59% |
| Return on Equity (%) | ▼ | -3.03% | -7.84 | 4.81% |
| Net Interest Margin (%) | ▼ | 4.04% | -0.33 | 4.37% |
| Efficiency Ratio (%) | ▼ | 79.64% | +10.43 | 69.22% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.13 | $0 |
| Cost of Funds (%) | ▲ | 2.48% | -0.09 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +5.26 | $112 |
| Gross Loans ($M) | ▲ | $97 | +5.17 | $92 |
| Loan Growth YoY (%) | ▼ | 92.44% | -1.68 | 94.12% |
| Total Deposits ($M) | ▲ | $103 | +6.98 | $96 |
| Shareholders Equity ($M) | ▲ | $14 | +0.10 | $13 |
| Tang. Book Value ($M) | ▲ | $13 | +0.25 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 92.44% | -1.68 | 94.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.46% | +2.60 | 0.85% |
| Allowance / Loans (%) | — | 2.12% | 0.23% | 1.89% |
| Net Charge-Off Ratio (%) | ▼ | 4.17% | +3.13 | 1.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.55% | +0.10 | 13.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▃▅▅▄▁ | Net Interest Margin (%) | 4.94% | 4.77% | 4.61% | 4.37% | 4.55% | 4.52% | 4.46% | 4.04% |
| █▄▅██▅▆▁ | Return on Assets (%) | 0.63% | 0.14% | 0.17% | 0.59% | 0.68% | 0.26% | 0.31% | -0.34% |
| ▃▃▃▂▁▁▂█ | Efficiency Ratio (%) | 71.0% | 71.6% | 71.4% | 69.2% | 67.1% | 68.0% | 69.5% | 79.6% |
| ▁▂█▂▄▅▁▁ | Cost of Funds (%) | 2.49% | 2.55% | 2.84% | 2.57% | 2.63% | 2.67% | 2.52% | 2.48% |
| ▁▂▂▂▄▃▄█ | NPA / Assets (%) | 0.32% | 0.81% | 0.95% | 0.85% | 1.60% | 1.43% | 1.62% | 3.46% |
| ▁▂▂▂▄▃▄█ | Net Charge-Off Ratio (%) | 0.38% | 1.00% | 1.20% | 1.04% | 1.93% | 1.69% | 1.98% | 4.17% |
| ▁▆▆▇████ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $13 | $12 | $13 | $13 |
| ▁▂▄▅▆██▇ | Gross Loans ($M) | $76 | $82 | $86 | $92 | $94 | $102 | $99 | $97 |
| ▁▃▅▆▇███ | Total Deposits ($M) | $74 | $84 | $92 | $96 | $99 | $104 | $105 | $103 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 24% |
| Agricultural | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 4% |