Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.37% | -1.03 | 2.40% |
| Return on Equity (%) | ▼ | 11.23% | -8.70 | 19.93% |
| Net Interest Margin (%) | ▲ | 4.54% | +0.00 | 4.53% |
| Efficiency Ratio (%) | ▼ | 59.27% | +13.43 | 45.83% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.31 | $1 |
| Cost of Funds (%) | ▲ | 1.75% | -0.16 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $109 | +6.36 | $102 |
| Gross Loans ($M) | ▲ | $76 | +6.23 | $70 |
| Loan Growth YoY (%) | ▲ | 80.92% | +1.91 | 79.01% |
| Total Deposits ($M) | ▲ | $94 | +5.72 | $88 |
| Shareholders Equity ($M) | ▲ | $13 | +0.63 | $13 |
| Tang. Book Value ($M) | ▲ | $13 | +0.63 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 80.92% | +1.91 | 79.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.67% | -2.03 | 2.70% |
| Allowance / Loans (%) | — | 0.69% | -0.17% | 0.86% |
| Net Charge-Off Ratio (%) | ▲ | 0.95% | -2.98 | 3.94% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.65% | -1.59 | 20.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▅▄▄█▁▄▄ | Net Interest Margin (%) | 4.56% | 4.55% | 4.53% | 4.53% | 4.57% | 4.50% | 4.53% | 4.54% |
| ▁▁▂█▅▃▂▁ | Return on Assets (%) | 1.46% | 1.45% | 1.53% | 2.40% | 1.89% | 1.64% | 1.57% | 1.37% |
| ▇▇█▁▄▆██ | Efficiency Ratio (%) | 57.5% | 57.8% | 59.5% | 45.8% | 51.8% | 55.7% | 59.2% | 59.3% |
| ▂▆█▆▄▂▂▁ | Cost of Funds (%) | 1.81% | 1.91% | 2.00% | 1.91% | 1.85% | 1.80% | 1.80% | 1.75% |
| ▁▁▂█▅▂▄▁ | NPA / Assets (%) | 0.49% | 0.59% | 0.88% | 2.70% | 1.84% | 0.94% | 1.59% | 0.67% |
| ▁▁▂█▅▂▄▁ | Net Charge-Off Ratio (%) | 0.74% | 0.88% | 1.25% | 3.94% | 2.67% | 1.35% | 2.26% | 0.95% |
| ▁▅▁▄▆█▆▇ | Tang. Book Value ($M) | $12 | $13 | $12 | $13 | $13 | $14 | $13 | $13 |
| ▁▃▄▃▄▅▆█ | Gross Loans ($M) | $67 | $70 | $71 | $70 | $71 | $73 | $74 | $76 |
| ▁▂▁▃▄▄▅█ | Total Deposits ($M) | $86 | $88 | $86 | $88 | $89 | $89 | $90 | $94 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 11% |
| Agricultural | 9% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 14% |