Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.04 | 0.57% |
| Return on Equity (%) | ▼ | 5.50% | -0.98 | 6.48% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.06 | 3.98% |
| Efficiency Ratio (%) | ▼ | 80.00% | +3.63 | 76.37% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.04 | $0 |
| Cost of Funds (%) | ▲ | 1.63% | -0.22 | 1.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +1.57 | $111 |
| Gross Loans ($M) | ▼ | $72 | -5.15 | $77 |
| Loan Growth YoY (%) | ▼ | 70.55% | -5.87 | 76.43% |
| Total Deposits ($M) | ▲ | $100 | +1.03 | $99 |
| Shareholders Equity ($M) | ▲ | $11 | +0.80 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.83 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.13 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 70.55% | -5.87 | 76.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.03% | +0.24 | 0.79% |
| Allowance / Loans (%) | — | 0.86% | 0.01% | 0.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.65% | +0.42 | 0.24% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇████ | Net Interest Margin (%) | 3.59% | 3.66% | 3.73% | 3.98% | 4.03% | 4.04% | 4.03% | 4.04% |
| ▁▇▁█▅▄▅▆ | Return on Assets (%) | 0.47% | 0.55% | 0.46% | 0.57% | 0.53% | 0.51% | 0.52% | 0.53% |
| █▆▅▁▄▅▆▅ | Efficiency Ratio (%) | 82.6% | 80.4% | 79.8% | 76.4% | 79.3% | 79.9% | 81.0% | 80.0% |
| ▅█▆▄▃▃▂▁ | Cost of Funds (%) | 1.97% | 2.19% | 2.05% | 1.86% | 1.83% | 1.78% | 1.77% | 1.63% |
| ▁█▆▆▆▇▆█ | NPA / Assets (%) | 0.25% | 0.97% | 0.76% | 0.79% | 0.76% | 0.89% | 0.80% | 1.03% |
| ▂█▁▁▁▂▁▄ | Net Charge-Off Ratio (%) | 0.37% | 1.37% | 0.20% | 0.24% | 0.19% | 0.41% | 0.27% | 0.65% |
| ▁▄▃▄▆▇██ | Tang. Book Value ($M) | $9 | $10 | $10 | $10 | $10 | $11 | $11 | $11 |
| ▇█▆▇▅▁▁▁ | Gross Loans ($M) | $77 | $78 | $76 | $77 | $75 | $72 | $71 | $72 |
| █▃▅▄▁▃▃▆ | Total Deposits ($M) | $102 | $99 | $100 | $99 | $98 | $99 | $99 | $100 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 9% |