Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.78% | -0.21 | 0.99% |
| Return on Equity (%) | ▼ | 7.20% | -2.63 | 9.83% |
| Net Interest Margin (%) | ▼ | 3.83% | -0.06 | 3.89% |
| Efficiency Ratio (%) | ▼ | 61.60% | +1.00 | 60.60% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.86% | -0.02 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $102 | +10.38 | $92 |
| Gross Loans ($M) | ▲ | $57 | +4.68 | $52 |
| Loan Growth YoY (%) | ▼ | 64.66% | -2.40 | 67.05% |
| Total Deposits ($M) | ▲ | $86 | +9.88 | $76 |
| Shareholders Equity ($M) | ▲ | $11 | +1.43 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +1.43 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +1.67 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 64.66% | -2.40 | 67.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.46% | -0.06 | 0.53% |
| Allowance / Loans (%) | — | 3.06% | -0.05% | 3.10% |
| Net Charge-Off Ratio (%) | ▲ | 0.83% | -0.09 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -19.11 | 19.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅███▃ | Net Interest Margin (%) | 3.76% | 3.77% | 3.79% | 3.89% | 3.97% | 3.98% | 3.97% | 3.83% |
| █▇▇▅▆▇█▁ | Return on Assets (%) | 1.14% | 1.10% | 1.10% | 0.99% | 1.04% | 1.09% | 1.15% | 0.78% |
| ▁▄▇▆▅▂▁█ | Efficiency Ratio (%) | 58.3% | 59.6% | 61.1% | 60.6% | 60.0% | 58.8% | 58.2% | 61.6% |
| ▁█▄▂▃▃▁▁ | Cost of Funds (%) | 1.84% | 2.11% | 1.96% | 1.88% | 1.92% | 1.93% | 1.86% | 1.86% |
| ██▇▆▄▃▁▁ | NPA / Assets (%) | 0.56% | 0.56% | 0.54% | 0.53% | 0.51% | 0.49% | 0.47% | 0.46% |
| ███▆▁▁▃▁ | Net Charge-Off Ratio (%) | 0.95% | 0.96% | 0.96% | 0.92% | 0.84% | 0.84% | 0.86% | 0.83% |
| ▁▄▂▃▅▇██ | Tang. Book Value ($M) | $9 | $10 | $9 | $9 | $10 | $11 | $11 | $11 |
| ▄▁▁▃▇▆▅█ | Gross Loans ($M) | $53 | $51 | $51 | $52 | $56 | $55 | $54 | $57 |
| ▁▁▂▃▃▄▇█ | Total Deposits ($M) | $72 | $71 | $74 | $76 | $76 | $77 | $83 | $86 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 17% |
| Agricultural | 30% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 20% |