Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.41 | 0.64% |
| Return on Equity (%) | ▲ | 9.49% | +3.24 | 6.25% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.29 | 4.02% |
| Efficiency Ratio (%) | ▲ | 72.52% | -6.29 | 78.81% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.50% | -0.17 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $151 | -1.09 | $153 |
| Gross Loans ($M) | ▲ | $123 | +0.68 | $123 |
| Loan Growth YoY (%) | ▲ | 110.03% | +5.24 | 104.79% |
| Total Deposits ($M) | ▼ | $111 | -4.68 | $116 |
| Shareholders Equity ($M) | ▲ | $17 | +0.64 | $16 |
| Tang. Book Value ($M) | ▲ | $14 | +0.64 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 110.03% | +5.24 | 104.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.64 | 0.65% |
| Allowance / Loans (%) | — | 0.68% | -0.20% | 0.88% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.80 | 0.81% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▇▆█ | Net Interest Margin (%) | 3.79% | 3.76% | 3.79% | 4.02% | 4.13% | 4.18% | 4.15% | 4.31% |
| ▄▄▃▁▃▃▄█ | Return on Assets (%) | 0.80% | 0.82% | 0.79% | 0.64% | 0.75% | 0.75% | 0.85% | 1.06% |
| ▄▃▅█▇▇▄▁ | Efficiency Ratio (%) | 75.3% | 74.8% | 75.9% | 78.8% | 77.7% | 77.5% | 75.6% | 72.5% |
| ███▄▁▁▄▁ | Cost of Funds (%) | 1.88% | 1.90% | 1.86% | 1.67% | 1.53% | 1.51% | 1.66% | 1.50% |
| ██▆▇▇▆▆▁ | NPA / Assets (%) | 0.84% | 0.82% | 0.60% | 0.65% | 0.69% | 0.54% | 0.58% | 0.02% |
| ██▆▇▇▆▆▁ | Net Charge-Off Ratio (%) | 1.05% | 1.03% | 0.74% | 0.81% | 0.86% | 0.67% | 0.70% | 0.02% |
| ▁▂▂▃▅▆█▆ | Tang. Book Value ($M) | $13 | $14 | $14 | $14 | $14 | $14 | $15 | $14 |
| ▆▇█▃▁▂▆▃ | Gross Loans ($M) | $129 | $131 | $133 | $123 | $118 | $122 | $129 | $123 |
| █▇▅█▃▁▃▄ | Total Deposits ($M) | $117 | $115 | $113 | $116 | $111 | $107 | $110 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 6% |
| Agricultural | 32% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 12% |