Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.76% | -0.32 | 2.08% |
| Return on Equity (%) | ▼ | 8.50% | -2.39 | 10.89% |
| Net Interest Margin (%) | ▼ | 5.08% | -0.09 | 5.17% |
| Efficiency Ratio (%) | ▼ | 58.59% | +6.76 | 51.84% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.18 | $1 |
| Cost of Funds (%) | ▲ | 1.02% | -0.20 | 1.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $156 | -5.48 | $162 |
| Gross Loans ($M) | ▼ | $98 | -0.14 | $98 |
| Loan Growth YoY (%) | ▲ | 79.97% | +1.30 | 78.67% |
| Total Deposits ($M) | ▼ | $121 | -2.16 | $123 |
| Shareholders Equity ($M) | ▲ | $33 | +1.54 | $31 |
| Tang. Book Value ($M) | ▲ | $32 | +1.54 | $31 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +1.40 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 79.97% | +1.30 | 78.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.42% | +0.14 | 0.27% |
| Allowance / Loans (%) | — | 1.33% | -0.01% | 1.35% |
| Net Charge-Off Ratio (%) | ▼ | 0.67% | +0.22 | 0.45% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▄▆██▂ | Net Interest Margin (%) | 5.03% | 5.11% | 5.16% | 5.17% | 5.22% | 5.30% | 5.33% | 5.08% |
| █▇▁▃▃▃▃▂ | Return on Assets (%) | 4.19% | 3.58% | 1.08% | 2.08% | 2.08% | 2.10% | 1.95% | 1.76% |
| ▁▁█▃▃▃▄▄ | Efficiency Ratio (%) | 37.8% | 40.9% | 82.2% | 51.8% | 52.1% | 52.2% | 56.2% | 58.6% |
| █▇█▇▄▅▄▁ | Cost of Funds (%) | 1.24% | 1.23% | 1.27% | 1.22% | 1.13% | 1.16% | 1.12% | 1.02% |
| █▄▃▃▁▁▁▅ | NPA / Assets (%) | 0.73% | 0.30% | 0.27% | 0.27% | 0.01% | 0.00% | 0.05% | 0.42% |
| ▇▆▆▆▁▁▁█ | Net Charge-Off Ratio (%) | 0.52% | 0.50% | 0.43% | 0.45% | 0.02% | 0.00% | 0.08% | 0.67% |
| ██▁▂▂▃▃▄ | Tang. Book Value ($M) | $35 | $35 | $30 | $31 | $31 | $32 | $32 | $32 |
| ▃▆█▇▆▆▁▇ | Gross Loans ($M) | $94 | $97 | $100 | $98 | $97 | $97 | $92 | $98 |
| ▁▄▁██▆▅▆ | Total Deposits ($M) | $116 | $119 | $116 | $123 | $122 | $121 | $120 | $121 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Agricultural | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 15% |