Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.07 | 0.52% |
| Return on Equity (%) | ▲ | 5.31% | +0.29 | 5.02% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.02 | 4.04% |
| Efficiency Ratio (%) | ▼ | 77.65% | +0.14 | 77.51% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 2.18% | -0.23 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $135 | -1.60 | $137 |
| Gross Loans ($M) | ▲ | $106 | +0.57 | $105 |
| Loan Growth YoY (%) | ▲ | 87.09% | +2.23 | 84.86% |
| Total Deposits ($M) | ▼ | $120 | -2.46 | $122 |
| Shareholders Equity ($M) | ▲ | $15 | +1.03 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.03 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 87.09% | +2.23 | 84.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.44% | -0.08 | 0.52% |
| Allowance / Loans (%) | — | 1.53% | -0.02% | 1.54% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -0.11 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▄▃▁▂▄▄▁ | Net Interest Margin (%) | 4.17% | 4.10% | 4.08% | 4.04% | 4.05% | 4.09% | 4.09% | 4.05% |
| ▂▆▁▄▇█▇▅ | Return on Assets (%) | 0.45% | 0.65% | 0.35% | 0.52% | 0.68% | 0.79% | 0.72% | 0.59% |
| ▂▁▂█▄▃▄█ | Efficiency Ratio (%) | 71.6% | 69.9% | 71.1% | 77.5% | 73.2% | 72.0% | 73.8% | 77.7% |
| ▆██▄▅▅▁▁ | Cost of Funds (%) | 2.54% | 2.64% | 2.65% | 2.41% | 2.43% | 2.47% | 2.21% | 2.18% |
| ██▇▁▁▁▁▁ | NPA / Assets (%) | 2.16% | 2.13% | 1.82% | 0.52% | 0.62% | 0.61% | 0.59% | 0.44% |
| ██▇▁▁▁▁▁ | Net Charge-Off Ratio (%) | 2.60% | 2.71% | 2.19% | 0.33% | 0.33% | 0.33% | 0.32% | 0.22% |
| ▁▃▁▂▃▅██ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $14 | $14 | $15 | $15 |
| ▄▁▅▇▃▁██ | Gross Loans ($M) | $104 | $102 | $104 | $105 | $103 | $103 | $106 | $106 |
| ▁▄▂▇█▁▅▅ | Total Deposits ($M) | $113 | $118 | $115 | $122 | $124 | $114 | $119 | $120 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 14% |
| Agricultural | 13% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 13% |