Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.82% | +0.09 | 2.73% |
| Return on Equity (%) | ▼ | 12.17% | -1.03 | 13.20% |
| Net Interest Margin (%) | ▲ | 4.80% | +0.17 | 4.63% |
| Efficiency Ratio (%) | ▲ | 39.62% | -2.14 | 41.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.49% | -0.08 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $127 | -1.59 | $128 |
| Gross Loans ($M) | ▲ | $86 | +5.01 | $81 |
| Loan Growth YoY (%) | ▲ | 94.34% | +1.21 | 93.13% |
| Total Deposits ($M) | ▲ | $91 | +4.01 | $87 |
| Shareholders Equity ($M) | ▲ | $30 | +2.53 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +2.53 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +2.08 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 94.34% | +1.21 | 93.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 7.12% | -2.24 | 9.36% |
| Allowance / Loans (%) | — | 0.75% | 0.18% | 0.57% |
| Net Charge-Off Ratio (%) | ▲ | 7.05% | -4.06 | 11.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▆▄▅▆█▆ | Net Interest Margin (%) | 4.29% | 4.41% | 4.75% | 4.63% | 4.73% | 4.81% | 4.99% | 4.80% |
| ▁▁▅▇▄▅██ | Return on Assets (%) | 2.15% | 2.21% | 2.54% | 2.73% | 2.42% | 2.49% | 2.79% | 2.82% |
| █▆▄▃▂▂▁▁ | Efficiency Ratio (%) | 47.4% | 45.3% | 42.5% | 41.8% | 40.4% | 40.5% | 39.3% | 39.6% |
| █▆▂▆▇█▁▂ | Cost of Funds (%) | 1.61% | 1.57% | 1.50% | 1.57% | 1.58% | 1.60% | 1.47% | 1.49% |
| █▃▆█▂▁▁▃ | NPA / Assets (%) | 9.67% | 6.82% | 8.35% | 9.36% | 6.37% | 6.00% | 5.64% | 7.12% |
| █▃▆▇▂▁▁▃ | Net Charge-Off Ratio (%) | 12.19% | 7.26% | 9.65% | 11.11% | 6.23% | 5.54% | 4.87% | 7.05% |
| ▁▃▃▅▅▆▇█ | Tang. Book Value ($M) | $24 | $26 | $26 | $27 | $27 | $28 | $29 | $30 |
| ▁▁▄▅▄▅▇█ | Gross Loans ($M) | $75 | $74 | $80 | $81 | $79 | $81 | $84 | $86 |
| █▅▇▃▂▁▁▅ | Total Deposits ($M) | $96 | $90 | $93 | $87 | $85 | $84 | $83 | $91 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 32% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 10% |