Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.62% | +0.26 | 0.36% |
| Return on Equity (%) | ▲ | 7.34% | +2.93 | 4.41% |
| Net Interest Margin (%) | ▼ | 4.39% | -0.03 | 4.42% |
| Efficiency Ratio (%) | ▲ | 81.70% | -6.65 | 88.36% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▼ | 0.84% | +0.10 | 0.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $100 | +5.98 | $94 |
| Gross Loans ($M) | ▼ | $71 | -0.10 | $71 |
| Loan Growth YoY (%) | ▼ | 78.63% | -6.65 | 85.27% |
| Total Deposits ($M) | ▲ | $89 | +6.74 | $82 |
| Shareholders Equity ($M) | ▲ | $9 | +0.65 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +0.65 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 78.63% | -6.65 | 85.27% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.97% | +0.93 | 0.05% |
| Allowance / Loans (%) | — | 1.25% | 0.09% | 1.16% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +1.31 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.14% | -0.26 | 13.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▇███▇ | Net Interest Margin (%) | 4.03% | 4.00% | 4.04% | 4.42% | 4.44% | 4.46% | 4.48% | 4.39% |
| ▄▄▄▁▄▅▅█ | Return on Assets (%) | 0.47% | 0.48% | 0.48% | 0.36% | 0.48% | 0.49% | 0.50% | 0.62% |
| ▆▅▅█▄▃▄▁ | Efficiency Ratio (%) | 85.9% | 85.1% | 85.7% | 88.4% | 84.2% | 83.8% | 84.5% | 81.7% |
| ██▇▁▁▅▄▃ | Cost of Funds (%) | 1.10% | 1.08% | 1.06% | 0.74% | 0.75% | 0.95% | 0.91% | 0.84% |
| ▁▁▁▁▁▁▂█ | NPA / Assets (%) | 0.00% | 0.00% | 0.03% | 0.05% | 0.05% | 0.04% | 0.14% | 0.97% |
| ▁▁▁▁▁▁▂█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.04% | 0.06% | 0.06% | 0.06% | 0.20% | 1.38% |
| ▁▄▃▅▅▇██ | Tang. Book Value ($M) | $7 | $8 | $8 | $8 | $8 | $8 | $8 | $9 |
| ▁▄▁▄██▇▄ | Gross Loans ($M) | $70 | $71 | $70 | $71 | $72 | $72 | $72 | $71 |
| ▅█▁▁▆▅▇▇ | Total Deposits ($M) | $87 | $90 | $83 | $82 | $88 | $87 | $89 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 8% |
| Agricultural | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 7% |