Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.61% | +1.32 | -0.71% |
| Return on Equity (%) | ▲ | 5.66% | +12.95 | -7.29% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.05 | 3.68% |
| Efficiency Ratio (%) | ▲ | 77.53% | -14.22 | 91.75% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 2.18% | -0.27 | 2.45% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $125 | -4.07 | $129 |
| Gross Loans ($M) | ▼ | $87 | -5.48 | $92 |
| Loan Growth YoY (%) | ▼ | 79.73% | -3.82 | 83.55% |
| Total Deposits ($M) | ▼ | $107 | -2.19 | $109 |
| Shareholders Equity ($M) | ▲ | $14 | +1.24 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.24 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 79.73% | -3.82 | 83.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 4.22% | -0.53 | 4.76% |
| Allowance / Loans (%) | — | 1.90% | 0.58% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 6.09% | -0.57 | 6.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.94% | +2.01 | 11.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▁▂▂▁ | Net Interest Margin (%) | 4.88% | 4.59% | 4.57% | 3.68% | 3.83% | 3.86% | 3.97% | 3.73% |
| ▆▇▁▁▃▅██ | Return on Assets (%) | 0.21% | 0.38% | -0.56% | -0.71% | -0.22% | -0.02% | 0.56% | 0.61% |
| ▄▄█▅▃▃▁▂ | Efficiency Ratio (%) | 91.0% | 86.3% | 113.9% | 91.8% | 83.0% | 83.8% | 69.0% | 77.5% |
| ██▇█▇█▃▁ | Cost of Funds (%) | 2.47% | 2.45% | 2.42% | 2.45% | 2.42% | 2.46% | 2.25% | 2.18% |
| ▄█▂▂▂▄▁▁ | NPA / Assets (%) | 6.16% | 8.16% | 4.93% | 4.76% | 4.92% | 6.07% | 4.47% | 4.22% |
| ▅▄▁▃▂█▂▁ | Net Charge-Off Ratio (%) | 7.28% | 7.04% | 5.88% | 6.66% | 6.43% | 8.31% | 6.43% | 6.09% |
| ▇█▂▁▁▂▇█ | Tang. Book Value ($M) | $14 | $14 | $13 | $12 | $13 | $13 | $14 | $14 |
| ▇██▅▄▃▂▁ | Gross Loans ($M) | $95 | $96 | $97 | $92 | $90 | $89 | $89 | $87 |
| ▂▁██▅▁█▅ | Total Deposits ($M) | $104 | $102 | $110 | $109 | $106 | $102 | $109 | $107 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 53% |
| C&I / Commercial | 14% |
| Agricultural | 27% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 30% |