Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.43% | +0.02 | 0.41% |
| Return on Equity (%) | ▼ | 3.29% | -0.11 | 3.40% |
| Net Interest Margin (%) | ▲ | 4.11% | +0.11 | 4.00% |
| Efficiency Ratio (%) | ▲ | 87.34% | -0.25 | 87.59% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 0.91% | -0.19 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $109 | -0.64 | $109 |
| Gross Loans ($M) | ▼ | $43 | -11.97 | $55 |
| Loan Growth YoY (%) | ▼ | 45.07% | -11.80 | 56.87% |
| Total Deposits ($M) | ▼ | $93 | -1.61 | $95 |
| Shareholders Equity ($M) | ▲ | $14 | +0.86 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +0.86 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.01 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 45.07% | -11.80 | 56.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -2.15 | 2.33% |
| Allowance / Loans (%) | — | 1.62% | 0.31% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.22% | -4.43 | 4.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▂▅▆█▄ | Net Interest Margin (%) | 3.86% | 3.94% | 3.98% | 4.00% | 4.17% | 4.26% | 4.42% | 4.11% |
| ▇▇▇▄▇▁█▅ | Return on Assets (%) | 0.56% | 0.55% | 0.58% | 0.41% | 0.55% | 0.17% | 0.67% | 0.43% |
| ▁▁▁▅▂█▁▄ | Efficiency Ratio (%) | 82.4% | 82.8% | 82.6% | 87.6% | 84.0% | 93.3% | 81.5% | 87.3% |
| ▅▅█▆▁▁▁▁ | Cost of Funds (%) | 1.08% | 1.07% | 1.19% | 1.10% | 0.93% | 0.92% | 0.91% | 0.91% |
| █████▇▆▁ | NPA / Assets (%) | 2.52% | 2.44% | 2.33% | 2.33% | 2.24% | 2.20% | 1.87% | 0.19% |
| █████▅▁▁ | Net Charge-Off Ratio (%) | 4.65% | 4.47% | 4.67% | 4.65% | 4.19% | 2.71% | 0.39% | 0.22% |
| ▁▄▂▄▆▆██ | Tang. Book Value ($M) | $13 | $14 | $13 | $13 | $14 | $14 | $14 | $14 |
| ██▆▆▆▆▂▁ | Gross Loans ($M) | $61 | $59 | $56 | $55 | $56 | $56 | $47 | $43 |
| ▇▅█▅▁▁▄▃ | Total Deposits ($M) | $96 | $95 | $98 | $95 | $91 | $92 | $94 | $93 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 4% |
| Agricultural | 7% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 7% |