Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.78% | +0.21 | 0.56% |
| Return on Equity (%) | ▲ | 9.37% | +3.13 | 6.24% |
| Net Interest Margin (%) | — | 4.07% | 0.00 | 4.07% |
| Efficiency Ratio (%) | ▲ | 81.52% | -3.25 | 84.77% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.46% | -0.19 | 1.65% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $117 | +16.41 | $100 |
| Gross Loans ($M) | ▼ | $69 | -1.07 | $71 |
| Loan Growth YoY (%) | ▼ | 66.81% | -13.91 | 80.73% |
| Total Deposits ($M) | ▲ | $103 | +16.45 | $86 |
| Shareholders Equity ($M) | ▲ | $9 | +0.36 | $9 |
| Tang. Book Value ($M) | ▲ | $9 | +0.36 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +0.72 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 66.81% | -13.91 | 80.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.84 | 0.98% |
| Allowance / Loans (%) | — | 1.14% | -0.06% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -1.16 | 1.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.81% | -0.12 | 11.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▃▄██▃ | Net Interest Margin (%) | 3.89% | 3.96% | 4.04% | 4.07% | 4.13% | 4.43% | 4.38% | 4.07% |
| ▁▁▁▃▂█▇█ | Return on Assets (%) | 0.49% | 0.48% | 0.50% | 0.56% | 0.56% | 0.79% | 0.72% | 0.78% |
| █▇▆▄▄▁▁▁ | Efficiency Ratio (%) | 90.6% | 89.3% | 88.2% | 84.8% | 85.7% | 81.2% | 82.3% | 81.5% |
| ▅█▇▆███▁ | Cost of Funds (%) | 1.62% | 1.76% | 1.70% | 1.65% | 1.75% | 1.75% | 1.73% | 1.46% |
| ██▇██▂▁▁ | NPA / Assets (%) | 1.03% | 1.05% | 0.95% | 0.98% | 1.10% | 0.26% | 0.00% | 0.14% |
| ▇▇▇▇█▂▁▂ | Net Charge-Off Ratio (%) | 1.34% | 1.37% | 1.28% | 1.39% | 1.60% | 0.38% | 0.00% | 0.23% |
| ▃▅▁▃▁█▇▇ | Tang. Book Value ($M) | $8 | $9 | $8 | $8 | $8 | $9 | $9 | $9 |
| ▅█▅▄▁▁█▂ | Gross Loans ($M) | $71 | $72 | $71 | $71 | $68 | $69 | $73 | $69 |
| ▁▁▁▃▃▂▄█ | Total Deposits ($M) | $80 | $78 | $78 | $86 | $86 | $83 | $88 | $103 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 35% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 11% |