Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.79% | -0.20 | 0.99% |
| Return on Equity (%) | ▼ | 11.60% | -4.58 | 16.18% |
| Net Interest Margin (%) | ▲ | 4.89% | +0.44 | 4.45% |
| Efficiency Ratio (%) | ▼ | 78.09% | +6.18 | 71.92% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.40% | -0.24 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $156 | +2.12 | $154 |
| Gross Loans ($M) | ▲ | $101 | +0.25 | $101 |
| Loan Growth YoY (%) | ▼ | 68.52% | -0.44 | 68.96% |
| Total Deposits ($M) | ▲ | $146 | +1.25 | $144 |
| Shareholders Equity ($M) | ▲ | $10 | +0.93 | $10 |
| Tang. Book Value ($M) | ▲ | $10 | +0.97 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +1.11 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 68.52% | -0.44 | 68.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.80% | -1.67 | 2.47% |
| Allowance / Loans (%) | — | 1.08% | 0.03% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.68% | -2.45 | 3.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.76% | +0.65 | 10.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▄▁████ | Net Interest Margin (%) | 4.73% | 4.68% | 4.64% | 4.45% | 4.86% | 4.88% | 4.90% | 4.89% |
| ██▇▃▇▇█▁ | Return on Assets (%) | 1.51% | 1.47% | 1.40% | 0.99% | 1.36% | 1.40% | 1.43% | 0.79% |
| ▁▁▁▅▂▁▁█ | Efficiency Ratio (%) | 64.5% | 64.9% | 65.8% | 71.9% | 66.2% | 65.7% | 64.7% | 78.1% |
| ▄▇█▆▅▄▃▁ | Cost of Funds (%) | 1.54% | 1.68% | 1.76% | 1.65% | 1.59% | 1.57% | 1.50% | 1.40% |
| ████▂▂▁▂ | NPA / Assets (%) | 2.34% | 2.36% | 2.28% | 2.47% | 0.89% | 0.79% | 0.52% | 0.80% |
| ████▂▁▁▂ | Net Charge-Off Ratio (%) | 2.90% | 3.06% | 2.82% | 3.13% | 0.74% | 0.58% | 0.25% | 0.68% |
| ▁▄▃▄▅██▇ | Tang. Book Value ($M) | $8 | $9 | $8 | $9 | $9 | $10 | $10 | $10 |
| ▁▂▇██▇██ | Gross Loans ($M) | $94 | $95 | $100 | $101 | $100 | $100 | $100 | $101 |
| ▁▂▄▅█▆▅▆ | Total Deposits ($M) | $139 | $141 | $143 | $144 | $148 | $146 | $144 | $146 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 16% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 8% |