Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.92% | -0.39 | 1.31% |
| Return on Equity (%) | ▼ | 7.48% | -3.96 | 11.44% |
| Net Interest Margin (%) | ▼ | 5.42% | -0.11 | 5.53% |
| Efficiency Ratio (%) | ▼ | 67.81% | +0.03 | 67.78% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.00 | $1 |
| Cost of Funds (%) | ▲ | 2.08% | -0.16 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $147 | +4.97 | $142 |
| Gross Loans ($M) | ▲ | $120 | +7.72 | $113 |
| Loan Growth YoY (%) | ▲ | 92.51% | +3.49 | 89.01% |
| Total Deposits ($M) | ▲ | $128 | +3.27 | $125 |
| Shareholders Equity ($M) | ▲ | $18 | +1.84 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.89 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 92.51% | +3.49 | 89.01% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.00% | +0.53 | 0.47% |
| Allowance / Loans (%) | — | 1.67% | 0.20% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 1.15% | +0.63 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -16.52 | 16.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆▅▆█▅ | Net Interest Margin (%) | 5.07% | 5.03% | 5.04% | 5.53% | 5.49% | 5.53% | 5.77% | 5.42% |
| ▁▁▁▅▂▃█▁ | Return on Assets (%) | 0.89% | 0.88% | 0.90% | 1.31% | 1.04% | 1.10% | 1.61% | 0.92% |
| ███▅▅▄▁▅ | Efficiency Ratio (%) | 74.9% | 76.0% | 75.8% | 67.8% | 67.8% | 66.7% | 58.4% | 67.8% |
| ▇██▄▁▁▁▁ | Cost of Funds (%) | 2.42% | 2.48% | 2.44% | 2.24% | 2.11% | 2.11% | 2.12% | 2.08% |
| ▅▁▁▂█▆█▇ | NPA / Assets (%) | 0.78% | 0.27% | 0.27% | 0.47% | 1.21% | 0.94% | 1.13% | 1.00% |
| ▅▁▁▃█▆█▇ | Net Charge-Off Ratio (%) | 0.90% | 0.18% | 0.18% | 0.52% | 1.44% | 1.12% | 1.33% | 1.15% |
| ▁▁▂▃▄▅██ | Tang. Book Value ($M) | $16 | $16 | $16 | $16 | $17 | $17 | $18 | $18 |
| ▁▁▁▄▅▇██ | Gross Loans ($M) | $107 | $106 | $106 | $113 | $115 | $118 | $120 | $120 |
| ▁▅▂▁▂█▇▄ | Total Deposits ($M) | $125 | $129 | $126 | $125 | $126 | $132 | $131 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 14% |
| Agricultural | 11% |
| Consumer | 11% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 15% |