Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.00% | +0.18 | 0.82% |
| Return on Equity (%) | ▼ | 12.51% | -0.18 | 12.69% |
| Net Interest Margin (%) | ▲ | 2.80% | +0.13 | 2.67% |
| Efficiency Ratio (%) | ▲ | 65.43% | -4.63 | 70.06% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.06 | $0 |
| Cost of Funds (%) | ▲ | 1.18% | -0.03 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $100 | +4.92 | $95 |
| Gross Loans ($M) | ▲ | $32 | +3.67 | $28 |
| Loan Growth YoY (%) | ▲ | 34.16% | +2.82 | 31.34% |
| Total Deposits ($M) | ▲ | $92 | +3.44 | $88 |
| Shareholders Equity ($M) | ▲ | $8 | +1.50 | $6 |
| Tang. Book Value ($M) | ▲ | $8 | +1.54 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +1.70 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 34.16% | +2.82 | 31.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.46% | +0.21 | 0.25% |
| Allowance / Loans (%) | — | 1.25% | -0.16% | 1.42% |
| Net Charge-Off Ratio (%) | ▼ | 1.47% | +0.62 | 0.85% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▁▅▄▅▇█ | Net Interest Margin (%) | 2.53% | 2.58% | 2.55% | 2.67% | 2.66% | 2.69% | 2.76% | 2.80% |
| ▁▄▅▄▂▆▇█ | Return on Assets (%) | 0.64% | 0.79% | 0.83% | 0.82% | 0.69% | 0.89% | 0.94% | 1.00% |
| █▆▄▄▇▃▁▁ | Efficiency Ratio (%) | 75.6% | 71.9% | 70.2% | 70.1% | 74.3% | 69.0% | 65.0% | 65.4% |
| ▄██▂▇▆▆▁ | Cost of Funds (%) | 1.27% | 1.39% | 1.38% | 1.21% | 1.36% | 1.32% | 1.31% | 1.18% |
| █▃▁▄▇▆▅█ | NPA / Assets (%) | 0.47% | 0.19% | 0.05% | 0.25% | 0.39% | 0.36% | 0.28% | 0.46% |
| █▃▁▅▇▆▄█ | Net Charge-Off Ratio (%) | 1.38% | 0.52% | 0.13% | 0.85% | 1.14% | 1.01% | 0.72% | 1.47% |
| ▁▅▁▃▄▇██ | Tang. Book Value ($M) | $5 | $7 | $6 | $6 | $6 | $7 | $8 | $8 |
| ▃▅▅▁▄▇█▄ | Gross Loans ($M) | $31 | $33 | $33 | $28 | $32 | $34 | $36 | $32 |
| ▂▁▁▆▃▅▄█ | Total Deposits ($M) | $83 | $81 | $82 | $88 | $85 | $88 | $86 | $92 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 9% |
| Agricultural | 11% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 6% |