Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.85% | -0.25 | 1.10% |
| Return on Equity (%) | ▼ | 14.82% | -5.09 | 19.91% |
| Net Interest Margin (%) | ▼ | 3.98% | -0.09 | 4.07% |
| Efficiency Ratio (%) | ▼ | 77.85% | +5.82 | 72.03% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.07 | $0 |
| Cost of Funds (%) | ▲ | 1.06% | -0.01 | 1.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $110 | -0.87 | $111 |
| Gross Loans ($M) | ▲ | $55 | +4.14 | $50 |
| Loan Growth YoY (%) | ▲ | 52.36% | +4.21 | 48.15% |
| Total Deposits ($M) | ▼ | $102 | -0.33 | $103 |
| Shareholders Equity ($M) | ▼ | $6 | -0.46 | $7 |
| Tang. Book Value ($M) | ▼ | $6 | -0.46 | $7 |
| TBV excl. AOCI ($M)** | ▼ | $8 | -0.62 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 52.36% | +4.21 | 48.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.16% | +0.64 | 0.52% |
| Allowance / Loans (%) | — | 2.00% | -0.18% | 2.18% |
| Net Charge-Off Ratio (%) | ▼ | 2.34% | +2.34 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█▇█▇▅ | Net Interest Margin (%) | 3.83% | 3.83% | 3.87% | 4.07% | 4.06% | 4.10% | 4.06% | 3.98% |
| ▄▆▅█▅█▅▁ | Return on Assets (%) | 0.97% | 1.01% | 0.99% | 1.10% | 1.00% | 1.08% | 1.00% | 0.85% |
| ▁▁▂▁▄▂▄█ | Efficiency Ratio (%) | 72.0% | 71.5% | 72.8% | 72.0% | 74.4% | 72.8% | 74.6% | 77.9% |
| ▁▂▆▇███▇ | Cost of Funds (%) | 0.81% | 0.85% | 1.00% | 1.06% | 1.11% | 1.11% | 1.10% | 1.06% |
| ▁▂▁▁▁▄█▅ | NPA / Assets (%) | 0.65% | 0.67% | 0.53% | 0.52% | 0.52% | 1.08% | 1.68% | 1.16% |
| ▁▁▁▁▁▄██ | Net Charge-Off Ratio (%) | 0.00% | 0.13% | 0.01% | 0.00% | 0.00% | 1.20% | 2.52% | 2.34% |
| ▁█▂▆█▄▆▄ | Tang. Book Value ($M) | $5 | $7 | $6 | $7 | $7 | $6 | $7 | $6 |
| ▂▁▂▅▅▇██ | Gross Loans ($M) | $47 | $45 | $47 | $50 | $50 | $52 | $54 | $55 |
| ▁▅▆▅▆██▅ | Total Deposits ($M) | $99 | $102 | $103 | $103 | $103 | $105 | $105 | $102 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 21% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 4% |