Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.63% | -0.01 | 0.64% |
| Return on Equity (%) | ▼ | 8.49% | -0.47 | 8.96% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.18 | 3.04% |
| Efficiency Ratio (%) | ▼ | 79.13% | +1.38 | 77.75% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.00 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.01 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $294 | +22.06 | $272 |
| Gross Loans ($M) | ▲ | $202 | +11.32 | $191 |
| Loan Growth YoY (%) | ▼ | 75.34% | -1.51 | 76.85% |
| Total Deposits ($M) | ▲ | $266 | +20.11 | $246 |
| Shareholders Equity ($M) | ▲ | $22 | +2.61 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +2.58 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +3.17 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 75.34% | -1.51 | 76.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.97% | -0.04 | 1.01% |
| Allowance / Loans (%) | — | 1.09% | -0.13% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 1.41% | -0.03 | 1.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇▇█ | Net Interest Margin (%) | 2.89% | 2.93% | 2.94% | 3.04% | 3.12% | 3.16% | 3.17% | 3.22% |
| ▂▁▄█▅▄▅█ | Return on Assets (%) | 0.53% | 0.50% | 0.56% | 0.64% | 0.59% | 0.56% | 0.58% | 0.63% |
| ▄▇▄▁▄▆█▃ | Efficiency Ratio (%) | 79.5% | 81.0% | 79.4% | 77.7% | 79.4% | 80.3% | 81.6% | 79.1% |
| ▁▄▇▁██▆▁ | Cost of Funds (%) | 1.83% | 1.88% | 1.92% | 1.84% | 1.94% | 1.94% | 1.91% | 1.83% |
| ▅▅▄▇▁█▅▆ | NPA / Assets (%) | 0.83% | 0.84% | 0.79% | 1.01% | 0.41% | 1.19% | 0.82% | 0.97% |
| ▅▅▄▇▁█▅▇ | Net Charge-Off Ratio (%) | 1.14% | 1.17% | 1.10% | 1.44% | 0.56% | 1.67% | 1.13% | 1.41% |
| ▁▅▃▁▁▆██ | Tang. Book Value ($M) | $19 | $20 | $19 | $19 | $18 | $20 | $21 | $21 |
| ▁▁▂▂▆▅█▇ | Gross Loans ($M) | $190 | $188 | $192 | $191 | $202 | $199 | $207 | $202 |
| ▁▁▂▅▅▆▇█ | Total Deposits ($M) | $224 | $225 | $234 | $246 | $249 | $252 | $258 | $266 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 17% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 12% |