Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.09% | -0.09 | 0.18% |
| Return on Equity (%) | ▼ | 1.21% | -1.34 | 2.55% |
| Net Interest Margin (%) | ▲ | 3.75% | +0.15 | 3.60% |
| Efficiency Ratio (%) | ▼ | 95.99% | +3.50 | 92.48% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.04 | $0 |
| Cost of Funds (%) | ▼ | 2.64% | +0.09 | 2.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $121 | +9.12 | $112 |
| Gross Loans ($M) | ▲ | $94 | +6.28 | $87 |
| Loan Growth YoY (%) | ▼ | 85.41% | -4.87 | 90.29% |
| Total Deposits ($M) | ▲ | $108 | +12.66 | $96 |
| Shareholders Equity ($M) | ▲ | $9 | +0.99 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +0.99 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 85.41% | -4.87 | 90.29% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.56% | -0.46 | 1.03% |
| Allowance / Loans (%) | — | 1.16% | 0.07% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.73% | -0.44 | 1.17% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.49% | +0.25 | 11.24% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▄▁▅██▆ | Net Interest Margin (%) | 3.71% | 3.73% | 3.69% | 3.60% | 3.74% | 3.83% | 3.84% | 3.75% |
| █▇▃▂▁▄▃▁ | Return on Assets (%) | 0.80% | 0.63% | 0.31% | 0.18% | 0.16% | 0.37% | 0.27% | 0.09% |
| ▁▂▅▇▂▂▄█ | Efficiency Ratio (%) | 74.7% | 78.5% | 87.5% | 92.5% | 79.0% | 79.5% | 82.8% | 96.0% |
| ▁▁▅▅▄▆█▇ | Cost of Funds (%) | 2.30% | 2.32% | 2.53% | 2.55% | 2.47% | 2.57% | 2.71% | 2.64% |
| █▇▆▅█▂▂▁ | NPA / Assets (%) | 1.31% | 1.24% | 1.09% | 1.03% | 1.35% | 0.68% | 0.71% | 0.56% |
| █▇▅▄█▁▂▁ | Net Charge-Off Ratio (%) | 1.72% | 1.51% | 1.26% | 1.17% | 1.68% | 0.84% | 0.91% | 0.73% |
| ▂▅▁▁▁▅▆█ | Tang. Book Value ($M) | $8 | $8 | $8 | $8 | $8 | $8 | $8 | $9 |
| ▁▂▄▅████ | Gross Loans ($M) | $74 | $78 | $84 | $87 | $94 | $95 | $94 | $94 |
| ▁▂▃▅▆▇██ | Total Deposits ($M) | $81 | $86 | $90 | $96 | $101 | $105 | $108 | $108 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 32% |