Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.08% | +0.12 | 1.96% |
| Return on Equity (%) | ▲ | 15.43% | +0.60 | 14.83% |
| Net Interest Margin (%) | ▲ | 5.53% | +0.09 | 5.44% |
| Efficiency Ratio (%) | ▼ | 61.79% | +0.34 | 61.45% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 1.36% | -0.04 | 1.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $105 | +8.91 | $96 |
| Gross Loans ($M) | ▲ | $76 | +0.41 | $75 |
| Loan Growth YoY (%) | ▼ | 82.83% | -7.27 | 90.10% |
| Total Deposits ($M) | ▲ | $91 | +7.80 | $83 |
| Shareholders Equity ($M) | ▲ | $14 | +1.16 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.16 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 82.83% | -7.27 | 90.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.13% | -0.53 | 1.66% |
| Allowance / Loans (%) | — | 1.08% | -0.05% | 1.14% |
| Net Charge-Off Ratio (%) | ▲ | 1.45% | -0.66 | 2.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▃▅██▅ | Net Interest Margin (%) | 5.30% | 5.40% | 5.42% | 5.44% | 5.53% | 5.67% | 5.67% | 5.53% |
| ▂▃▁▆▅▇▄█ | Return on Assets (%) | 1.66% | 1.76% | 1.59% | 1.96% | 1.89% | 2.02% | 1.80% | 2.08% |
| ▇▆█▁▂▁▅▁ | Efficiency Ratio (%) | 68.4% | 66.9% | 70.2% | 61.4% | 63.1% | 60.9% | 66.0% | 61.8% |
| ▁▅▆▆▇█▇▅ | Cost of Funds (%) | 1.20% | 1.36% | 1.42% | 1.40% | 1.46% | 1.51% | 1.46% | 1.36% |
| ▅▅▃█▁▁▁▅ | NPA / Assets (%) | 1.11% | 1.19% | 0.85% | 1.66% | 0.54% | 0.51% | 0.48% | 1.13% |
| ▅▅▃█▁▁▁▅ | Net Charge-Off Ratio (%) | 1.41% | 1.45% | 1.03% | 2.11% | 0.69% | 0.65% | 0.51% | 1.45% |
| ▁▃▆▆▇███ | Tang. Book Value ($M) | $9 | $11 | $12 | $12 | $13 | $13 | $14 | $14 |
| ▁▂▅▇▆▇██ | Gross Loans ($M) | $73 | $74 | $75 | $75 | $75 | $75 | $76 | $76 |
| ▃▁▁▄▅▃▄█ | Total Deposits ($M) | $82 | $78 | $77 | $83 | $84 | $81 | $83 | $91 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 4% |
| Agricultural | 11% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 5% |