Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.44% | +0.63 | 0.81% |
| Return on Equity (%) | ▲ | 17.75% | +4.76 | 12.99% |
| Net Interest Margin (%) | ▲ | 6.32% | +0.93 | 5.40% |
| Efficiency Ratio (%) | ▲ | 66.22% | -19.66 | 85.88% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.59 | $0 |
| Cost of Funds (%) | ▲ | 1.50% | -0.87 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $167 | +0.94 | $166 |
| Gross Loans ($M) | ▲ | $102 | +0.05 | $102 |
| Loan Growth YoY (%) | ▲ | 69.57% | +1.81 | 67.75% |
| Total Deposits ($M) | ▼ | $144 | -3.46 | $148 |
| Shareholders Equity ($M) | ▲ | $13 | +3.15 | $10 |
| Tang. Book Value ($M) | ▲ | $13 | +3.15 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +3.51 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 69.57% | +1.81 | 67.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.35% | -0.42 | 0.76% |
| Allowance / Loans (%) | — | 1.53% | -0.22% | 1.75% |
| Net Charge-Off Ratio (%) | ▲ | 0.57% | -0.67 | 1.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▁▁▄█ | Net Interest Margin (%) | 5.27% | 5.25% | 5.13% | 5.40% | 5.22% | 5.14% | 5.60% | 6.32% |
| ▃▅▁▄▇██▇ | Return on Assets (%) | 0.48% | 0.86% | -0.14% | 0.81% | 1.46% | 1.58% | 1.81% | 1.44% |
| ▁▁▃█▄▃▃▁ | Efficiency Ratio (%) | 68.7% | 68.4% | 73.0% | 85.9% | 73.8% | 71.2% | 72.5% | 66.2% |
| ▁▄█▆▂▁▁▁ | Cost of Funds (%) | 1.61% | 2.04% | 2.70% | 2.37% | 1.72% | 1.63% | 1.60% | 1.50% |
| ▂▁▁▄▂█▃▂ | NPA / Assets (%) | 0.43% | 0.18% | 0.10% | 0.76% | 0.42% | 1.57% | 0.56% | 0.35% |
| ▃▁▁▄▂█▃▂ | Net Charge-Off Ratio (%) | 0.73% | 0.28% | 0.15% | 1.24% | 0.66% | 2.46% | 0.87% | 0.57% |
| ▁▆▁▁▁▆██ | Tang. Book Value ($M) | $10 | $13 | $10 | $10 | $10 | $12 | $13 | $13 |
| ▄█▆▁█▅█▁ | Gross Loans ($M) | $103 | $105 | $104 | $102 | $105 | $104 | $105 | $102 |
| ▁▁▂██▅▄▆ | Total Deposits ($M) | $134 | $134 | $137 | $148 | $146 | $142 | $141 | $144 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 49% |
| C&I / Commercial | 25% |
| Agricultural | 12% |
| Consumer | 7% |
| Other | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 12% |