Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.63% | -0.02 | 0.65% |
| Return on Equity (%) | ▼ | 6.13% | -1.00 | 7.13% |
| Net Interest Margin (%) | ▼ | 3.14% | -0.07 | 3.21% |
| Efficiency Ratio (%) | ▲ | 77.84% | -1.71 | 79.54% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.34% | -0.03 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $124 | +5.55 | $118 |
| Gross Loans ($M) | ▼ | $45 | -6.58 | $51 |
| Loan Growth YoY (%) | ▼ | 39.78% | -7.64 | 47.42% |
| Total Deposits ($M) | ▲ | $111 | +4.04 | $107 |
| Shareholders Equity ($M) | ▲ | $12 | +1.41 | $11 |
| Tang. Book Value ($M) | ▲ | $11 | +1.41 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.41 | $11 |
| Loan / Deposit Ratio (%) | ▼ | 39.78% | -7.64 | 47.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.22% | -0.64 | 0.86% |
| Allowance / Loans (%) | — | 1.06% | 0.17% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.60% | -1.37 | 1.97% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.17% | +1.59 | 17.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▂▃▂███▁ | Net Interest Margin (%) | 3.35% | 3.22% | 3.25% | 3.21% | 3.46% | 3.47% | 3.47% | 3.14% |
| ▆▄▄▁███▁ | Return on Assets (%) | 0.82% | 0.74% | 0.73% | 0.65% | 0.87% | 0.89% | 0.89% | 0.63% |
| ▁▂▄█▂▁▁▇ | Efficiency Ratio (%) | 72.7% | 73.8% | 75.0% | 79.5% | 73.8% | 72.1% | 72.1% | 77.8% |
| ▃██▁▄▆▄▁ | Cost of Funds (%) | 1.43% | 1.60% | 1.59% | 1.36% | 1.44% | 1.51% | 1.46% | 1.34% |
| ▇█▆▄▁▁▁▁ | NPA / Assets (%) | 1.21% | 1.51% | 1.10% | 0.86% | 0.24% | 0.23% | 0.23% | 0.22% |
| ▇█▆▆▁▁▁▁ | Net Charge-Off Ratio (%) | 2.34% | 2.86% | 2.23% | 1.97% | 0.54% | 0.47% | 0.50% | 0.60% |
| ▁▄▂▃▅▇█▇ | Tang. Book Value ($M) | $8 | $10 | $9 | $9 | $10 | $11 | $11 | $11 |
| ██▇▅▅█▆▁ | Gross Loans ($M) | $58 | $58 | $55 | $51 | $52 | $56 | $54 | $45 |
| ▃▁▂▆▅▃▅█ | Total Deposits ($M) | $101 | $98 | $101 | $107 | $105 | $102 | $106 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 12% |
| Agricultural | 30% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 10% |