Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.06% | -1.02 | 1.09% |
| Return on Equity (%) | ▼ | 0.69% | -11.10 | 11.79% |
| Net Interest Margin (%) | ▼ | 3.82% | -0.11 | 3.94% |
| Efficiency Ratio (%) | ▼ | 64.83% | +2.11 | 62.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▼ | 1.69% | +0.01 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $156 | +13.08 | $143 |
| Gross Loans ($M) | ▲ | $100 | +7.67 | $92 |
| Loan Growth YoY (%) | ▼ | 71.90% | -1.76 | 73.66% |
| Total Deposits ($M) | ▲ | $137 | +13.61 | $123 |
| Shareholders Equity ($M) | ▲ | $14 | +0.93 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +0.93 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.32 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 71.90% | -1.76 | 73.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.26% | +0.87 | 0.39% |
| Allowance / Loans (%) | — | 1.23% | -0.05% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 1.97% | +1.37 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.81% | -0.95 | 15.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▇██▂ | Net Interest Margin (%) | 3.78% | 3.76% | 3.77% | 3.94% | 3.99% | 4.03% | 4.01% | 3.82% |
| ▇▇▇████▁ | Return on Assets (%) | 1.02% | 1.00% | 0.97% | 1.09% | 1.15% | 1.20% | 1.18% | 0.06% |
| ███▄▂▁▁▇ | Efficiency Ratio (%) | 65.7% | 66.2% | 65.7% | 62.7% | 61.3% | 60.1% | 60.3% | 64.8% |
| ▁▇█▃▁▇█▃ | Cost of Funds (%) | 1.65% | 1.78% | 1.80% | 1.68% | 1.63% | 1.76% | 1.79% | 1.69% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.41% | 0.40% | 0.40% | 0.39% | 0.36% | 0.35% | 0.35% | 1.26% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.68% | 0.65% | 0.62% | 0.61% | 0.58% | 0.57% | 0.55% | 1.97% |
| ▁▃▃▃▅▇█▆ | Tang. Book Value ($M) | $12 | $13 | $13 | $13 | $14 | $14 | $15 | $14 |
| ▁▂▃▄▆▆▇█ | Gross Loans ($M) | $86 | $88 | $91 | $92 | $96 | $96 | $98 | $100 |
| ▁▂▃▄▇▇▇█ | Total Deposits ($M) | $114 | $119 | $120 | $123 | $132 | $132 | $132 | $137 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Agricultural | 8% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 9% |