Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.38 | 0.47% |
| Return on Equity (%) | ▲ | 17.37% | +4.76 | 12.61% |
| Net Interest Margin (%) | ▲ | 3.05% | +0.07 | 2.99% |
| Efficiency Ratio (%) | ▲ | 74.25% | -12.53 | 86.78% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 1.46% | -0.06 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +4.58 | $108 |
| Gross Loans ($M) | ▲ | $49 | +0.58 | $49 |
| Loan Growth YoY (%) | ▼ | 45.56% | -1.01 | 46.57% |
| Total Deposits ($M) | ▲ | $107 | +3.74 | $103 |
| Shareholders Equity ($M) | ▲ | $6 | +0.82 | $5 |
| Tang. Book Value ($M) | ▲ | $6 | +0.82 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $8 | +0.97 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 45.56% | -1.01 | 46.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.01 | 0.43% |
| Allowance / Loans (%) | — | 1.28% | -0.19% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 1.01% | +0.06 | 0.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.30% | -1.04 | 18.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▄▆▇███ | Net Interest Margin (%) | 2.82% | 2.84% | 2.92% | 2.99% | 3.02% | 3.04% | 3.05% | 3.05% |
| ▂▆█▁▅▆▄▇ | Return on Assets (%) | 0.56% | 0.79% | 0.95% | 0.47% | 0.71% | 0.80% | 0.71% | 0.85% |
| ▆▁▁█▅▄▅▃ | Efficiency Ratio (%) | 81.4% | 68.3% | 68.0% | 86.8% | 78.9% | 76.3% | 78.9% | 74.3% |
| █▆▄▃▂▅▁▁ | Cost of Funds (%) | 1.69% | 1.62% | 1.56% | 1.52% | 1.51% | 1.59% | 1.47% | 1.46% |
| █▇▆▆▁██▇ | NPA / Assets (%) | 0.47% | 0.44% | 0.43% | 0.43% | 0.35% | 0.46% | 0.45% | 0.44% |
| █▇▆▆▁▇██ | Net Charge-Off Ratio (%) | 1.01% | 0.98% | 0.93% | 0.95% | 0.78% | 0.96% | 0.99% | 1.01% |
| ▁▃▂▅▇█▇▇ | Tang. Book Value ($M) | $3 | $4 | $3 | $5 | $6 | $6 | $5 | $6 |
| ▁▄▆▃▅██▄ | Gross Loans ($M) | $47 | $49 | $50 | $49 | $50 | $52 | $52 | $49 |
| ▁▆▇▅▇▅█▇ | Total Deposits ($M) | $95 | $106 | $106 | $103 | $107 | $103 | $109 | $107 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 12% |
| Agricultural | 7% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 16% |