Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.72% | +0.49 | 0.23% |
| Return on Equity (%) | ▲ | 8.45% | +5.55 | 2.90% |
| Net Interest Margin (%) | ▲ | 4.89% | +0.65 | 4.24% |
| Efficiency Ratio (%) | ▲ | 76.25% | -13.78 | 90.02% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.23 | $0 |
| Cost of Funds (%) | ▲ | 1.28% | -0.45 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $122 | +3.45 | $119 |
| Gross Loans ($M) | ▲ | $76 | +2.35 | $73 |
| Loan Growth YoY (%) | ▲ | 67.17% | +0.65 | 66.51% |
| Total Deposits ($M) | ▲ | $112 | +2.39 | $109 |
| Shareholders Equity ($M) | ▲ | $10 | +0.96 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +0.96 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.09 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 67.17% | +0.65 | 66.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.67% | -0.26 | 1.94% |
| Allowance / Loans (%) | — | 1.10% | 0.01% | 1.09% |
| Net Charge-Off Ratio (%) | ▲ | 2.42% | -0.61 | 3.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▅▆▇█ | Net Interest Margin (%) | 3.88% | 4.03% | 4.13% | 4.24% | 4.40% | 4.54% | 4.64% | 4.89% |
| ▂▅▄▁▄▆▇█ | Return on Assets (%) | 0.35% | 0.52% | 0.46% | 0.23% | 0.46% | 0.56% | 0.61% | 0.72% |
| █▅▆█▅▄▃▁ | Efficiency Ratio (%) | 88.7% | 83.5% | 85.2% | 90.0% | 83.8% | 81.7% | 80.8% | 76.2% |
| ███▆▇▅▃▁ | Cost of Funds (%) | 1.94% | 1.95% | 1.89% | 1.74% | 1.80% | 1.67% | 1.49% | 1.28% |
| ▁▃██▁▂▃▆ | NPA / Assets (%) | 1.04% | 1.36% | 1.92% | 1.94% | 1.03% | 1.16% | 1.32% | 1.67% |
| ▁▄▇█▂▃▃▆ | Net Charge-Off Ratio (%) | 1.25% | 1.97% | 2.72% | 3.02% | 1.68% | 1.90% | 1.78% | 2.42% |
| ▁▆▁▃▅███ | Tang. Book Value ($M) | $9 | $10 | $9 | $9 | $10 | $10 | $10 | $10 |
| ▁▄▆▅▇▂▇█ | Gross Loans ($M) | $70 | $72 | $74 | $73 | $75 | $72 | $75 | $76 |
| ▁▂▁▇█▅▄█ | Total Deposits ($M) | $98 | $101 | $100 | $109 | $113 | $106 | $105 | $112 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 7% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 20% |