Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.65% | -0.31 | 0.97% |
| Return on Equity (%) | ▼ | 6.81% | -3.85 | 10.66% |
| Net Interest Margin (%) | ▼ | 3.50% | -0.09 | 3.60% |
| Efficiency Ratio (%) | ▼ | 74.91% | +8.47 | 66.44% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.10 | $0 |
| Cost of Funds (%) | ▲ | 2.38% | -0.08 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $153 | +0.78 | $153 |
| Gross Loans ($M) | ▼ | $117 | -6.45 | $124 |
| Loan Growth YoY (%) | ▼ | 91.65% | -7.70 | 99.35% |
| Total Deposits ($M) | ▲ | $127 | +3.47 | $123 |
| Shareholders Equity ($M) | ▲ | $15 | +1.07 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.07 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 91.65% | -7.70 | 99.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.54% | +1.05 | 0.49% |
| Allowance / Loans (%) | — | 0.77% | -0.05% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 2.02% | +1.42 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃█▆▆▅▆ | Net Interest Margin (%) | 3.26% | 3.29% | 3.37% | 3.60% | 3.51% | 3.47% | 3.46% | 3.50% |
| ▁▂▅█▄▄▂▂ | Return on Assets (%) | 0.61% | 0.67% | 0.80% | 0.97% | 0.76% | 0.77% | 0.68% | 0.65% |
| ▆▅▃▁▆▅▇█ | Efficiency Ratio (%) | 71.8% | 71.4% | 69.5% | 66.4% | 71.8% | 71.0% | 72.9% | 74.9% |
| ▂▃▅▂▆█▅▁ | Cost of Funds (%) | 2.43% | 2.47% | 2.59% | 2.46% | 2.61% | 2.72% | 2.59% | 2.38% |
| ▁▁▂▁▄█▇▇ | NPA / Assets (%) | 0.40% | 0.46% | 0.72% | 0.49% | 1.11% | 1.90% | 1.64% | 1.54% |
| ▁▁▂▁▄█▇▇ | Net Charge-Off Ratio (%) | 0.49% | 0.57% | 0.87% | 0.60% | 1.42% | 2.39% | 2.15% | 2.02% |
| ▁▃▃▅▆▇██ | Tang. Book Value ($M) | $13 | $13 | $13 | $14 | $14 | $14 | $15 | $15 |
| ▁▃▇█▇▇▆▆ | Gross Loans ($M) | $105 | $111 | $120 | $124 | $121 | $120 | $117 | $117 |
| ▁▁▃▆▇▇█▇ | Total Deposits ($M) | $104 | $107 | $113 | $123 | $126 | $128 | $132 | $127 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 15% |