Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.73 | 0.17% |
| Return on Equity (%) | ▲ | 10.82% | +8.46 | 2.36% |
| Net Interest Margin (%) | ▲ | 2.81% | +0.55 | 2.26% |
| Efficiency Ratio (%) | ▲ | 65.13% | -29.54 | 94.67% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.26 | $0 |
| Cost of Funds (%) | ▲ | 1.73% | -0.24 | 1.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $121 | -9.12 | $130 |
| Gross Loans ($M) | ▲ | $56 | +4.65 | $51 |
| Loan Growth YoY (%) | ▲ | 49.86% | +7.95 | 41.90% |
| Total Deposits ($M) | ▼ | $111 | -9.86 | $121 |
| Shareholders Equity ($M) | ▲ | $10 | +0.77 | $9 |
| Tang. Book Value ($M) | ▲ | $9 | +0.77 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +0.63 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 49.86% | +7.95 | 41.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.89% | +0.08 | 0.81% |
| Allowance / Loans (%) | — | 1.05% | -0.18% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 1.93% | -0.14 | 2.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.15% | -0.18 | 14.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 1.83% | 1.91% | 1.99% | 2.26% | 2.39% | 2.50% | 2.61% | 2.81% |
| ▁▂▂▂▅▆▇█ | Return on Assets (%) | 0.00% | 0.12% | 0.17% | 0.17% | 0.56% | 0.63% | 0.69% | 0.90% |
| ██▇█▃▂▂▁ | Efficiency Ratio (%) | 96.6% | 92.9% | 91.3% | 94.7% | 76.8% | 70.8% | 70.8% | 65.1% |
| ▅▇█▄▇▆▅▁ | Cost of Funds (%) | 2.04% | 2.14% | 2.23% | 1.97% | 2.12% | 2.09% | 2.01% | 1.73% |
| ▇▂█▂▇▇▁▃ | NPA / Assets (%) | 1.05% | 0.80% | 1.15% | 0.81% | 1.07% | 1.05% | 0.75% | 0.89% |
| █▃█▅█▆▁▄ | Net Charge-Off Ratio (%) | 2.48% | 1.83% | 2.42% | 2.06% | 2.49% | 2.16% | 1.46% | 1.93% |
| ▁▄▃▅▆███ | Tang. Book Value ($M) | $7 | $8 | $8 | $8 | $9 | $9 | $9 | $9 |
| ▁▂▅▃▄██▇ | Gross Loans ($M) | $48 | $50 | $53 | $51 | $53 | $57 | $58 | $56 |
| ▁▁▁█▅▂▁▄ | Total Deposits ($M) | $105 | $104 | $103 | $121 | $113 | $107 | $104 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 41% |
| C&I / Commercial | 23% |
| Agricultural | 21% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 7% |