Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.38% | -0.20 | 1.58% |
| Return on Equity (%) | ▼ | 25.76% | -19.64 | 45.40% |
| Net Interest Margin (%) | ▼ | 3.68% | -0.05 | 3.74% |
| Efficiency Ratio (%) | ▼ | 61.15% | +0.32 | 60.83% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.00 | $0 |
| Cost of Funds (%) | ▲ | 1.35% | -0.11 | 1.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $120 | +9.14 | $111 |
| Gross Loans ($M) | ▼ | $52 | -1.64 | $53 |
| Loan Growth YoY (%) | ▼ | 45.20% | -4.61 | 49.81% |
| Total Deposits ($M) | ▲ | $114 | +7.22 | $107 |
| Shareholders Equity ($M) | ▲ | $6 | +1.89 | $4 |
| Tang. Book Value ($M) | ▲ | $6 | +1.89 | $4 |
| TBV excl. AOCI ($M)** | ▲ | $9 | +2.31 | $6 |
| Loan / Deposit Ratio (%) | ▼ | 45.20% | -4.61 | 49.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.22% | +0.04 | 0.18% |
| Allowance / Loans (%) | — | 0.55% | 0.02% | 0.53% |
| Net Charge-Off Ratio (%) | ▼ | 0.51% | +0.14 | 0.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.19% | +0.44 | 16.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▇███▆ | Net Interest Margin (%) | 3.37% | 3.41% | 3.49% | 3.74% | 3.79% | 3.82% | 3.82% | 3.68% |
| ▂▁▃▇█▇▆▄ | Return on Assets (%) | 1.32% | 1.23% | 1.35% | 1.58% | 1.65% | 1.58% | 1.51% | 1.38% |
| ▇█▅▃▁▃▆▄ | Efficiency Ratio (%) | 62.7% | 63.5% | 61.8% | 60.8% | 59.5% | 60.7% | 62.2% | 61.2% |
| ▃█▃▃▅▄▂▁ | Cost of Funds (%) | 1.47% | 1.67% | 1.44% | 1.46% | 1.53% | 1.50% | 1.41% | 1.35% |
| ▃▅▂▁▆██▁ | NPA / Assets (%) | 0.43% | 0.54% | 0.32% | 0.18% | 0.62% | 0.85% | 0.88% | 0.22% |
| ▃▄▂▁▅██▁ | Net Charge-Off Ratio (%) | 0.89% | 1.05% | 0.62% | 0.37% | 1.28% | 1.74% | 1.88% | 0.51% |
| ▁▅▁▂▃▇█▇ | Tang. Book Value ($M) | $4 | $5 | $4 | $4 | $5 | $6 | $6 | $6 |
| ▁▃█▅▆▆▄▃ | Gross Loans ($M) | $50 | $52 | $55 | $53 | $54 | $54 | $53 | $52 |
| ▁▁▅▅▅▄▅█ | Total Deposits ($M) | $97 | $96 | $105 | $107 | $106 | $104 | $106 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 11% |
| Agricultural | 16% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 10% |