Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.71% | +0.03 | 1.68% |
| Return on Equity (%) | ▼ | 13.92% | -2.20 | 16.12% |
| Net Interest Margin (%) | ▼ | 3.06% | -0.05 | 3.11% |
| Efficiency Ratio (%) | ▲ | 44.48% | -1.83 | 46.31% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.95% | -0.18 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $146 | -1.10 | $147 |
| Gross Loans ($M) | ▼ | $101 | -9.60 | $110 |
| Loan Growth YoY (%) | ▼ | 81.82% | -15.53 | 97.35% |
| Total Deposits ($M) | ▲ | $122 | +9.70 | $112 |
| Shareholders Equity ($M) | ▲ | $17 | +1.87 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.87 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.82 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 81.82% | -15.53 | 97.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.16 | 0.16% |
| Allowance / Loans (%) | — | 0.93% | -0.02% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.22 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▁▆█▇▇▅ | Net Interest Margin (%) | 2.94% | 2.83% | 2.83% | 3.11% | 3.22% | 3.17% | 3.16% | 3.06% |
| ▅▂▁▅█▇▅▅ | Return on Assets (%) | 1.66% | 1.48% | 1.38% | 1.68% | 1.93% | 1.82% | 1.71% | 1.71% |
| ▂▅█▆▁▁▅▅ | Efficiency Ratio (%) | 41.1% | 45.1% | 48.6% | 46.3% | 40.0% | 41.0% | 44.6% | 44.5% |
| ▄█▇▃▂▅▅▁ | Cost of Funds (%) | 2.21% | 2.63% | 2.52% | 2.12% | 2.10% | 2.32% | 2.29% | 1.95% |
| ▁▁█▄▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.36% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁█▄▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.49% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▃▅▇█▇ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $16 | $17 | $18 | $17 |
| ▆█▅▇██▁▁ | Gross Loans ($M) | $108 | $112 | $107 | $110 | $112 | $111 | $102 | $101 |
| ▁▁▁▅▆▅▅█ | Total Deposits ($M) | $102 | $101 | $103 | $112 | $114 | $112 | $113 | $122 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 3% |
| Agricultural | 38% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 20% |