Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.89% | -0.18 | 1.08% |
| Return on Equity (%) | ▼ | 9.29% | -2.87 | 12.16% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.29 | 3.52% |
| Efficiency Ratio (%) | ▼ | 66.11% | +3.55 | 62.56% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.09 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $221 | -2.75 | $224 |
| Gross Loans ($M) | ▲ | $162 | +3.18 | $159 |
| Loan Growth YoY (%) | ▼ | 84.67% | -4.23 | 88.89% |
| Total Deposits ($M) | ▲ | $189 | +11.87 | $177 |
| Shareholders Equity ($M) | ▲ | $21 | +1.21 | $20 |
| Tang. Book Value ($M) | ▲ | $21 | +1.21 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +0.99 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 84.67% | -4.23 | 88.89% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.90% | +0.34 | 0.56% |
| Allowance / Loans (%) | — | 1.24% | 0.36% | 0.88% |
| Net Charge-Off Ratio (%) | ▼ | 1.19% | +0.42 | 0.77% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▆▆█ | Net Interest Margin (%) | 2.98% | 3.08% | 3.17% | 3.52% | 3.57% | 3.56% | 3.60% | 3.80% |
| ▁▁▂█▄▅▄▇ | Return on Assets (%) | 0.04% | 0.17% | 0.26% | 1.08% | 0.49% | 0.60% | 0.55% | 0.89% |
| ▇▇█▁▁▂▄▃ | Efficiency Ratio (%) | 73.4% | 73.6% | 75.7% | 62.6% | 63.9% | 65.6% | 67.6% | 66.1% |
| █▇█▅██▆▁ | Cost of Funds (%) | 1.82% | 1.81% | 1.83% | 1.76% | 1.84% | 1.83% | 1.79% | 1.67% |
| ▁▁▂▃▃█▇▆ | NPA / Assets (%) | 0.20% | 0.33% | 0.38% | 0.56% | 0.52% | 1.19% | 1.05% | 0.90% |
| ▁▁▂▃▃█▇▆ | Net Charge-Off Ratio (%) | 0.25% | 0.41% | 0.52% | 0.77% | 0.73% | 1.69% | 1.45% | 1.19% |
| ▁▇▂▅▄███ | Tang. Book Value ($M) | $19 | $21 | $19 | $20 | $20 | $21 | $21 | $21 |
| ▁▃▄▇▆▆▇█ | Gross Loans ($M) | $147 | $152 | $154 | $159 | $157 | $157 | $160 | $162 |
| ▆▁▃▃▄▁▆█ | Total Deposits ($M) | $183 | $172 | $177 | $177 | $178 | $172 | $183 | $189 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 8% |
| Agricultural | 18% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 12% |