Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.42% | -0.66 | 1.08% |
| Return on Equity (%) | ▼ | 9.25% | -28.31 | 37.56% |
| Net Interest Margin (%) | ▲ | 3.24% | +0.35 | 2.89% |
| Efficiency Ratio (%) | ▼ | 86.36% | +13.12 | 73.24% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.18 | $0 |
| Cost of Funds (%) | ▲ | 1.01% | -0.14 | 1.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $115 | +2.88 | $112 |
| Gross Loans ($M) | ▲ | $53 | +1.42 | $51 |
| Loan Growth YoY (%) | ▲ | 48.02% | +0.09 | 47.93% |
| Total Deposits ($M) | ▲ | $109 | +2.73 | $106 |
| Shareholders Equity ($M) | ▲ | $5 | +1.36 | $4 |
| Tang. Book Value ($M) | ▲ | $5 | +1.36 | $4 |
| TBV excl. AOCI ($M)** | ▲ | $7 | +1.62 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 48.02% | +0.09 | 47.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.57% | -0.09 | 0.66% |
| Allowance / Loans (%) | — | 1.09% | -0.01% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 1.25% | -0.19 | 1.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.65% | -0.74 | 19.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▁▃▅▆█ | Net Interest Margin (%) | 2.91% | 2.96% | 3.02% | 2.89% | 3.02% | 3.11% | 3.15% | 3.24% |
| ▁▂▅█▅▄▅▃ | Return on Assets (%) | 0.10% | 0.23% | 0.60% | 1.08% | 0.67% | 0.55% | 0.62% | 0.42% |
| █▇▃▁▄▅▄▆ | Efficiency Ratio (%) | 93.9% | 90.0% | 81.0% | 73.2% | 81.1% | 83.9% | 82.3% | 86.4% |
| ▆█▅▇▆▇▂▁ | Cost of Funds (%) | 1.14% | 1.18% | 1.10% | 1.14% | 1.13% | 1.14% | 1.04% | 1.01% |
| ▂▁██▅▃▅▄ | NPA / Assets (%) | 0.55% | 0.52% | 0.66% | 0.66% | 0.61% | 0.57% | 0.60% | 0.57% |
| ▁▁██▇▄▇▄ | Net Charge-Off Ratio (%) | 1.11% | 1.07% | 1.44% | 1.44% | 1.35% | 1.25% | 1.36% | 1.25% |
| ▁▄▁▃▂▆█▇ | Tang. Book Value ($M) | $3 | $4 | $3 | $4 | $3 | $5 | $6 | $5 |
| █▄▃▁▁▁▃▃ | Gross Loans ($M) | $56 | $53 | $53 | $51 | $51 | $52 | $52 | $53 |
| ▄▁▆▄▅▅█▇ | Total Deposits ($M) | $106 | $103 | $109 | $106 | $108 | $108 | $110 | $109 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 36% |
| Agricultural | 1% |
| Consumer | 9% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |