Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.57% | +0.98 | -0.41% |
| Return on Equity (%) | ▲ | 5.05% | +7.50 | -2.45% |
| Net Interest Margin (%) | ▼ | 3.81% | -0.10 | 3.91% |
| Efficiency Ratio (%) | ▲ | 66.29% | -23.25 | 89.54% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.37 | $0 |
| Cost of Funds (%) | ▼ | 3.10% | +0.12 | 2.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $154 | +65.62 | $88 |
| Gross Loans ($M) | ▲ | $127 | +51.73 | $76 |
| Loan Growth YoY (%) | ▼ | 92.65% | -8.31 | 100.96% |
| Total Deposits ($M) | ▲ | $135 | +61.45 | $74 |
| Shareholders Equity ($M) | ▲ | $18 | +3.72 | $14 |
| Tang. Book Value ($M) | ▲ | $17 | +3.79 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 92.65% | -8.31 | 100.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.74% | -2.95 | 4.69% |
| Allowance / Loans (%) | — | 1.60% | 0.15% | 1.45% |
| Net Charge-Off Ratio (%) | ▲ | 2.10% | -3.37 | 5.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▅▁▂▂▂▁ | Net Interest Margin (%) | 6.17% | 5.78% | 5.23% | 3.91% | 4.20% | 4.21% | 4.25% | 3.81% |
| ██▃▁▂▅▇█ | Return on Assets (%) | 0.58% | 0.59% | -0.15% | -0.41% | -0.16% | 0.14% | 0.40% | 0.57% |
| ▃▂▄█▃▂▁▁ | Efficiency Ratio (%) | 72.3% | 68.1% | 76.3% | 89.5% | 73.0% | 68.9% | 63.3% | 66.3% |
| ▁▅█▇▆▇▆█ | Cost of Funds (%) | 2.16% | 2.77% | 3.19% | 2.98% | 2.86% | 3.00% | 2.82% | 3.10% |
| ▅▁▅█▇▅▄▃ | NPA / Assets (%) | 2.35% | 0.00% | 2.41% | 4.69% | 3.78% | 2.77% | 2.26% | 1.74% |
| ▅▁▅█▇▅▅▄ | Net Charge-Off Ratio (%) | 2.76% | 0.00% | 2.95% | 5.47% | 4.31% | 3.21% | 2.80% | 2.10% |
| ▁▁▁▁▁▁▅█ | Tang. Book Value ($M) | $14 | $14 | $14 | $14 | $14 | $14 | $16 | $17 |
| ▁▂▂▃▅▆██ | Gross Loans ($M) | $50 | $61 | $65 | $76 | $92 | $108 | $120 | $127 |
| ▁▂▂▃▅▆██ | Total Deposits ($M) | $44 | $59 | $65 | $74 | $91 | $110 | $132 | $135 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 13% |
| Agricultural | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 21% |