Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.34% | -0.53 | 0.88% |
| Return on Equity (%) | ▼ | 3.97% | -5.61 | 9.58% |
| Net Interest Margin (%) | ▼ | 4.32% | -0.34 | 4.66% |
| Efficiency Ratio (%) | ▼ | 88.90% | +11.70 | 77.20% |
| Pre-Provision Profit ($M) | ▼ | $1 | -1.06 | $2 |
| Cost of Funds (%) | ▲ | 1.78% | -0.13 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $694 | +61.93 | $632 |
| Gross Loans ($M) | ▲ | $410 | +37.26 | $373 |
| Loan Growth YoY (%) | ▼ | 63.90% | -0.47 | 64.38% |
| Total Deposits ($M) | ▲ | $632 | +61.35 | $570 |
| Shareholders Equity ($M) | ▲ | $58 | +0.30 | $58 |
| Tang. Book Value ($M) | ▲ | $58 | +0.30 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $69 | +2.43 | $67 |
| Loan / Deposit Ratio (%) | ▼ | 63.90% | -0.47 | 64.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.81% | -1.80 | 2.61% |
| Allowance / Loans (%) | — | 1.56% | 0.05% | 1.52% |
| Net Charge-Off Ratio (%) | ▲ | 1.26% | -3.08 | 4.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.41% | -1.56 | 16.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▆▅▄▄▄▁ | Net Interest Margin (%) | 4.92% | 4.88% | 4.76% | 4.66% | 4.58% | 4.57% | 4.55% | 4.32% |
| ▅▂▁█▅▅█▃ | Return on Assets (%) | 0.56% | 0.22% | 0.10% | 0.88% | 0.54% | 0.52% | 0.85% | 0.34% |
| ▅▇█▁▅▅▄▇ | Efficiency Ratio (%) | 86.2% | 89.0% | 91.8% | 77.2% | 84.7% | 85.2% | 83.2% | 88.9% |
| ▅██▄▃▃▂▁ | Cost of Funds (%) | 1.95% | 2.10% | 2.09% | 1.91% | 1.90% | 1.88% | 1.86% | 1.78% |
| █▇█▆▇▆▁▁ | NPA / Assets (%) | 3.31% | 3.08% | 3.52% | 2.61% | 2.87% | 2.76% | 0.97% | 0.81% |
| █▇█▆▇▆▁▁ | Net Charge-Off Ratio (%) | 5.46% | 4.94% | 5.75% | 4.33% | 4.70% | 4.42% | 1.50% | 1.26% |
| ▃▁▁▃▄█▆▄ | Tang. Book Value ($M) | $58 | $57 | $57 | $58 | $58 | $60 | $59 | $58 |
| ▁▂▃▂▂▅▆█ | Gross Loans ($M) | $366 | $373 | $378 | $373 | $375 | $392 | $395 | $410 |
| ▁▁▂▃▄▄▅█ | Total Deposits ($M) | $543 | $538 | $558 | $570 | $580 | $580 | $596 | $632 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 12% |
| Agricultural | 3% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 3% |