Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.25 | 0.82% |
| Return on Equity (%) | ▲ | 9.76% | +1.21 | 8.55% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.15 | 4.05% |
| Efficiency Ratio (%) | ▼ | 73.02% | +0.61 | 72.41% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.92% | -0.13 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $122 | -5.52 | $127 |
| Gross Loans ($M) | ▼ | $93 | -5.74 | $99 |
| Loan Growth YoY (%) | ▼ | 88.47% | -3.63 | 92.09% |
| Total Deposits ($M) | ▼ | $103 | -2.45 | $105 |
| Shareholders Equity ($M) | ▲ | $13 | +1.08 | $12 |
| Tang. Book Value ($M) | ▲ | $12 | +1.13 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 88.47% | -3.63 | 92.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.02 | 0.31% |
| Allowance / Loans (%) | — | 2.17% | 0.37% | 1.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.43% | +0.27 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇███ | Net Interest Margin (%) | 3.69% | 3.70% | 3.77% | 4.05% | 4.13% | 4.15% | 4.15% | 4.20% |
| ▆▅▁▆▆███ | Return on Assets (%) | 0.86% | 0.77% | 0.40% | 0.82% | 0.87% | 1.01% | 0.99% | 1.06% |
| ▆█▇▄▅▁▂▅ | Efficiency Ratio (%) | 73.6% | 74.8% | 74.1% | 72.4% | 73.1% | 70.8% | 71.3% | 73.0% |
| ▆██▃▂▃▃▁ | Cost of Funds (%) | 2.26% | 2.34% | 2.39% | 2.05% | 2.04% | 2.04% | 2.08% | 1.92% |
| ▂▂▁▁█▁▂▂ | NPA / Assets (%) | 0.32% | 0.33% | 0.30% | 0.31% | 0.54% | 0.28% | 0.33% | 0.33% |
| ▇▇▆▁█▆██ | Net Charge-Off Ratio (%) | 0.40% | 0.43% | 0.38% | 0.16% | 0.47% | 0.37% | 0.45% | 0.43% |
| ▁▄▁▂▄▇█▇ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $12 | $12 |
| ██▆▆▄▃▁▁ | Gross Loans ($M) | $101 | $101 | $98 | $99 | $96 | $95 | $92 | $93 |
| ▃█▄▄▁▂▃▁ | Total Deposits ($M) | $105 | $109 | $106 | $105 | $103 | $104 | $105 | $103 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 16% |