Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.70% | +0.21 | 0.48% |
| Return on Equity (%) | ▲ | 5.91% | +1.50 | 4.41% |
| Net Interest Margin (%) | ▲ | 4.51% | +0.44 | 4.07% |
| Efficiency Ratio (%) | ▲ | 80.18% | -6.68 | 86.86% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.27% | -0.15 | 1.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $106 | +3.35 | $103 |
| Gross Loans ($M) | ▲ | $80 | +4.55 | $75 |
| Loan Growth YoY (%) | ▲ | 89.70% | +1.37 | 88.33% |
| Total Deposits ($M) | ▲ | $88 | +3.72 | $84 |
| Shareholders Equity ($M) | ▲ | $13 | +0.92 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +0.92 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 89.70% | +1.37 | 88.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.98% | -0.02 | 2.00% |
| Allowance / Loans (%) | — | 1.22% | 0.01% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 2.62% | -0.10 | 2.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃█▇██ | Net Interest Margin (%) | 3.92% | 3.91% | 3.97% | 4.07% | 4.46% | 4.41% | 4.45% | 4.51% |
| ▁▁▃▄████ | Return on Assets (%) | 0.27% | 0.29% | 0.41% | 0.48% | 0.73% | 0.70% | 0.68% | 0.70% |
| ██▇▆▁▁▂▁ | Efficiency Ratio (%) | 89.8% | 90.4% | 88.3% | 86.9% | 80.5% | 80.9% | 81.5% | 80.2% |
| ██▆▄▆▆▃▁ | Cost of Funds (%) | 1.56% | 1.60% | 1.51% | 1.41% | 1.48% | 1.50% | 1.38% | 1.27% |
| █▇▄▄▁▂▂▄ | NPA / Assets (%) | 2.30% | 2.16% | 1.97% | 2.00% | 1.70% | 1.84% | 1.78% | 1.98% |
| █▇▅▅▁▂▁▄ | Net Charge-Off Ratio (%) | 3.14% | 2.94% | 2.76% | 2.72% | 2.30% | 2.45% | 2.37% | 2.62% |
| ▁▃▃▃▅▇██ | Tang. Book Value ($M) | $11 | $11 | $11 | $12 | $12 | $12 | $12 | $13 |
| ▁▂▃▄▅▇▇█ | Gross Loans ($M) | $72 | $73 | $74 | $75 | $76 | $78 | $79 | $80 |
| ▁▁█▄▄▅▆▇ | Total Deposits ($M) | $80 | $80 | $90 | $84 | $84 | $85 | $87 | $88 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |