Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.22 | 1.07% |
| Return on Equity (%) | ▲ | 10.88% | +0.52 | 10.36% |
| Net Interest Margin (%) | ▲ | 4.41% | +0.36 | 4.05% |
| Efficiency Ratio (%) | ▲ | 54.21% | -6.01 | 60.22% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 2.26% | -0.47 | 2.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $202 | -20.62 | $222 |
| Gross Loans ($M) | ▼ | $160 | -23.66 | $183 |
| Loan Growth YoY (%) | ▼ | 88.81% | -6.53 | 95.34% |
| Total Deposits ($M) | ▼ | $177 | -13.33 | $190 |
| Shareholders Equity ($M) | ▲ | $24 | +0.75 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +0.75 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 88.81% | -6.53 | 95.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.80% | +2.02 | 1.78% |
| Allowance / Loans (%) | — | 1.65% | 0.54% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 4.01% | +2.03 | 1.98% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▂▁▁▂▃█ | Net Interest Margin (%) | 4.10% | 4.11% | 4.11% | 4.05% | 4.01% | 4.10% | 4.14% | 4.41% |
| ██▇▆▁▂▂▇ | Return on Assets (%) | 1.62% | 1.59% | 1.28% | 1.07% | -0.12% | 0.29% | 0.30% | 1.29% |
| ▁▁▃▅█▇█▃ | Efficiency Ratio (%) | 49.0% | 49.0% | 55.7% | 60.2% | 68.7% | 64.7% | 66.5% | 54.2% |
| ▄▆█▆▄▄▂▁ | Cost of Funds (%) | 2.55% | 2.79% | 2.96% | 2.73% | 2.60% | 2.58% | 2.43% | 2.26% |
| ▂▁▁▂▄▆██ | NPA / Assets (%) | 1.83% | 1.45% | 1.43% | 1.78% | 2.55% | 3.22% | 3.82% | 3.80% |
| ▂▁▁▂▃▆██ | Net Charge-Off Ratio (%) | 2.17% | 1.78% | 1.57% | 1.98% | 2.38% | 3.21% | 3.99% | 4.01% |
| ▁▄▃▅▃▅▆█ | Tang. Book Value ($M) | $22 | $23 | $23 | $23 | $23 | $23 | $24 | $24 |
| ████▇▄▁▁ | Gross Loans ($M) | $182 | $185 | $185 | $183 | $180 | $170 | $162 | $160 |
| ▁█▇██▃▁▁ | Total Deposits ($M) | $177 | $191 | $188 | $190 | $191 | $182 | $176 | $177 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 10% |
| Agricultural | 4% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 16% |