Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.42% | -2.48 | 4.90% |
| Return on Equity (%) | ▼ | 14.00% | -16.07 | 30.07% |
| Net Interest Margin (%) | ▼ | 4.36% | -2.40 | 6.75% |
| Efficiency Ratio (%) | ▼ | 41.43% | +20.49 | 20.94% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.96 | $2 |
| Cost of Funds (%) | ▲ | 1.64% | -0.16 | 1.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $151 | +3.52 | $148 |
| Gross Loans ($M) | ▲ | $112 | +3.87 | $108 |
| Loan Growth YoY (%) | ▲ | 91.18% | +1.02 | 90.16% |
| Total Deposits ($M) | ▲ | $121 | +2.71 | $118 |
| Shareholders Equity ($M) | ▲ | $27 | +1.80 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +1.80 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +1.88 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 91.18% | +1.02 | 90.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.29 | 0.41% |
| Allowance / Loans (%) | — | 1.66% | 0.13% | 1.53% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.40 | 0.56% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁█▅▄▃▁ | Net Interest Margin (%) | 4.34% | 4.32% | 4.35% | 6.75% | 5.56% | 5.41% | 5.14% | 4.36% |
| ▁▁▁█▄▃▂▁ | Return on Assets (%) | 2.23% | 2.21% | 2.21% | 4.90% | 3.47% | 3.16% | 2.71% | 2.42% |
| ███▁▅▅▇▇ | Efficiency Ratio (%) | 45.1% | 44.5% | 44.9% | 20.9% | 33.2% | 34.1% | 39.2% | 41.4% |
| ▄▇█▅▆▆▃▁ | Cost of Funds (%) | 1.75% | 1.85% | 1.90% | 1.79% | 1.80% | 1.80% | 1.71% | 1.64% |
| █▇▅▃▆▁▁▁ | NPA / Assets (%) | 1.54% | 1.20% | 0.88% | 0.41% | 1.04% | 0.05% | 0.01% | 0.12% |
| ██▆▃▇▁▁▁ | Net Charge-Off Ratio (%) | 1.70% | 1.71% | 1.24% | 0.56% | 1.44% | 0.07% | 0.02% | 0.16% |
| ▁▂▂▅▆███ | Tang. Book Value ($M) | $22 | $24 | $23 | $25 | $25 | $26 | $26 | $27 |
| ▁▁▃▅▃▄██ | Gross Loans ($M) | $103 | $103 | $106 | $108 | $106 | $107 | $113 | $112 |
| ▁▆▇▅▃▆█▇ | Total Deposits ($M) | $113 | $120 | $122 | $118 | $117 | $120 | $123 | $121 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 42% |
| C&I / Commercial | 6% |
| Agricultural | 44% |
| Consumer | 7% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 12% |