Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.56 | 0.85% |
| Return on Equity (%) | ▲ | 10.09% | +3.10 | 6.99% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.57 | 2.79% |
| Efficiency Ratio (%) | ▲ | 52.33% | -15.66 | 67.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $0 |
| Cost of Funds (%) | ▲ | 1.92% | -0.27 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $140 | -1.62 | $142 |
| Gross Loans ($M) | ▲ | $78 | +5.34 | $73 |
| Loan Growth YoY (%) | ▲ | 70.90% | +4.60 | 66.30% |
| Total Deposits ($M) | ▲ | $110 | +0.53 | $109 |
| Shareholders Equity ($M) | ▲ | $20 | +2.36 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.36 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.00 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 70.90% | +4.60 | 66.30% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.61% | +2.16 | 0.45% |
| Allowance / Loans (%) | — | 0.73% | -0.13% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 4.67% | +3.79 | 0.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 2.45% | 2.41% | 2.46% | 2.79% | 2.89% | 2.97% | 3.05% | 3.35% |
| ▂▁▁▂▄▆▆█ | Return on Assets (%) | 0.80% | 0.68% | 0.70% | 0.85% | 1.00% | 1.15% | 1.21% | 1.41% |
| ▇██▇▆▄▃▁ | Efficiency Ratio (%) | 66.7% | 70.3% | 69.2% | 68.0% | 64.4% | 60.2% | 57.2% | 52.3% |
| ██▇▄▂▄▁▁ | Cost of Funds (%) | 2.42% | 2.47% | 2.35% | 2.19% | 2.05% | 2.15% | 1.95% | 1.92% |
| ▂▁▁▁▁▂▂█ | NPA / Assets (%) | 0.64% | 0.42% | 0.38% | 0.45% | 0.33% | 0.64% | 0.73% | 2.61% |
| ▂▁▁▁▁▂▂█ | Net Charge-Off Ratio (%) | 1.26% | 0.84% | 0.72% | 0.87% | 0.60% | 1.17% | 1.34% | 4.67% |
| ▁▄▂▂▄▇█▇ | Tang. Book Value ($M) | $17 | $19 | $18 | $18 | $19 | $20 | $21 | $20 |
| ▁▃▄▁▆▇█▅ | Gross Loans ($M) | $72 | $76 | $77 | $73 | $79 | $80 | $82 | $78 |
| ▇▃▄█▁▂▇█ | Total Deposits ($M) | $108 | $105 | $105 | $109 | $102 | $103 | $108 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 12% |
| Agricultural | 32% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 14% |