Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.46 | 0.47% |
| Return on Equity (%) | ▼ | 28.24% | -45.41 | 73.65% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.25 | 3.33% |
| Efficiency Ratio (%) | ▲ | 71.98% | -2.55 | 74.53% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 0.89% | -0.35 | 1.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $294 | +2.71 | $292 |
| Gross Loans ($M) | ▼ | $88 | -4.66 | $93 |
| Loan Growth YoY (%) | ▼ | 30.20% | -2.03 | 32.22% |
| Total Deposits ($M) | ▲ | $284 | +3.36 | $281 |
| Shareholders Equity ($M) | ▲ | $9 | +6.76 | $2 |
| Tang. Book Value ($M) | ▲ | $9 | +6.76 | $2 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +6.92 | $10 |
| Loan / Deposit Ratio (%) | ▼ | 30.20% | -2.03 | 32.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.03 | 0.01% |
| Allowance / Loans (%) | — | 2.72% | 0.17% | 2.55% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.09 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.08% | +2.17 | 17.91% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▃▁▃▅▆▄█ | Net Interest Margin (%) | 3.45% | 3.33% | 3.24% | 3.33% | 3.45% | 3.47% | 3.40% | 3.58% |
| █▅▂▁▅▅▅▇ | Return on Assets (%) | 1.00% | 0.73% | 0.59% | 0.47% | 0.74% | 0.79% | 0.79% | 0.93% |
| ▁▅█▃▂▃▃▁ | Efficiency Ratio (%) | 71.8% | 76.1% | 80.1% | 74.5% | 73.3% | 73.9% | 74.6% | 72.0% |
| ▃▆█▅▅▃▁▁ | Cost of Funds (%) | 1.04% | 1.32% | 1.47% | 1.24% | 1.23% | 1.04% | 0.96% | 0.89% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.93% | 0.02% | 0.02% | 0.01% | 0.01% | 0.02% | 0.03% | 0.03% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 2.42% | 0.04% | 0.05% | 0.02% | 0.04% | 0.05% | 0.11% | 0.11% |
| ▆█▁▁▂▅▆▅ | Tang. Book Value ($M) | $9 | $14 | $1 | $2 | $3 | $9 | $10 | $9 |
| █▅▃█▃▁▃▃ | Gross Loans ($M) | $92 | $90 | $88 | $93 | $88 | $86 | $88 | $88 |
| ▁▁▁█▅▂▃█ | Total Deposits ($M) | $221 | $219 | $224 | $281 | $256 | $234 | $242 | $284 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 23% |
| Agricultural | 3% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 3% |