Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.15% | -1.01 | 2.16% |
| Return on Equity (%) | ▼ | 11.98% | -10.56 | 22.54% |
| Net Interest Margin (%) | ▼ | 6.91% | -0.08 | 6.99% |
| Efficiency Ratio (%) | ▼ | 81.32% | +11.73 | 69.59% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.41 | $1 |
| Cost of Funds (%) | ▲ | 0.02% | -0.01 | 0.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $175 | -11.23 | $186 |
| Gross Loans ($M) | ▲ | $122 | +9.58 | $112 |
| Loan Growth YoY (%) | ▲ | 76.52% | +10.63 | 65.89% |
| Total Deposits ($M) | ▼ | $158 | -10.93 | $168 |
| Shareholders Equity ($M) | ▼ | $17 | -0.33 | $17 |
| Tang. Book Value ($M) | ▼ | $17 | -0.33 | $17 |
| TBV excl. AOCI ($M)** | ▼ | $18 | -0.35 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 76.52% | +10.63 | 65.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.53% | +0.15 | 0.38% |
| Allowance / Loans (%) | — | 1.05% | -0.06% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.30 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.18% | -0.98 | 16.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▇█▂▂▄▄▁ | Net Interest Margin (%) | 7.18% | 7.28% | 7.34% | 6.99% | 7.01% | 7.08% | 7.12% | 6.91% |
| ▇██▇▇▇▆▁ | Return on Assets (%) | 2.20% | 2.37% | 2.36% | 2.16% | 2.15% | 2.21% | 1.94% | 1.15% |
| ▁▁▁▂▂▂▄█ | Efficiency Ratio (%) | 67.0% | 66.2% | 66.8% | 69.6% | 69.6% | 69.1% | 72.6% | 81.3% |
| ▇▆▆█▄▂▁▅ | Cost of Funds (%) | 0.03% | 0.02% | 0.02% | 0.03% | 0.02% | 0.01% | 0.01% | 0.02% |
| ▅▄▄▃▁█▄█ | NPA / Assets (%) | 0.43% | 0.40% | 0.41% | 0.38% | 0.29% | 0.53% | 0.39% | 0.53% |
| ▁▁▂▁▁█▄▇ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.14% | 0.12% | 0.08% | 0.50% | 0.24% | 0.42% |
| ▅█▆▅▆█▁▁ | Tang. Book Value ($M) | $17 | $18 | $17 | $17 | $17 | $18 | $17 | $17 |
| ▂▄▂▁▂▄▇█ | Gross Loans ($M) | $113 | $116 | $114 | $112 | $115 | $116 | $120 | $122 |
| ▂▄▂█▇█▅▁ | Total Deposits ($M) | $160 | $163 | $160 | $168 | $167 | $169 | $164 | $158 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 14% |
| Agricultural | 1% |
| Consumer | 7% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 62% |
| Interest-Bearing (core) | 38% |