Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.76% | -0.04 | 0.80% |
| Return on Equity (%) | ▼ | 12.44% | -0.32 | 12.76% |
| Net Interest Margin (%) | ▼ | 3.68% | -0.07 | 3.74% |
| Efficiency Ratio (%) | ▼ | 75.62% | +0.99 | 74.63% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▼ | 2.01% | +0.07 | 1.94% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +18.30 | $105 |
| Gross Loans ($M) | ▲ | $96 | +12.70 | $83 |
| Loan Growth YoY (%) | ▲ | 88.12% | +1.39 | 86.73% |
| Total Deposits ($M) | ▲ | $108 | +12.76 | $95 |
| Shareholders Equity ($M) | ▲ | $7 | +0.79 | $7 |
| Tang. Book Value ($M) | ▲ | $7 | +0.82 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 88.12% | +1.39 | 86.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.06 | 0.27% |
| Allowance / Loans (%) | — | 0.99% | 0.01% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.09 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.30% | -0.22 | 10.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▇▅██▆ | Net Interest Margin (%) | 3.44% | 3.49% | 3.57% | 3.74% | 3.66% | 3.77% | 3.80% | 3.68% |
| ▆▇▁█▆█▄▇ | Return on Assets (%) | 0.74% | 0.76% | 0.52% | 0.80% | 0.74% | 0.83% | 0.67% | 0.76% |
| ▁▁▅▂▃▁█▃ | Efficiency Ratio (%) | 74.1% | 74.0% | 76.3% | 74.6% | 75.6% | 74.2% | 78.6% | 75.6% |
| █▄▁▂▃▅█▄ | Cost of Funds (%) | 2.08% | 2.00% | 1.91% | 1.94% | 1.97% | 2.02% | 2.10% | 2.01% |
| ▁▁▃▁▄█▁▁ | NPA / Assets (%) | 0.28% | 0.27% | 0.47% | 0.27% | 0.58% | 0.96% | 0.32% | 0.33% |
| ▁▁▃▁▄█▁▁ | Net Charge-Off Ratio (%) | 0.36% | 0.35% | 0.60% | 0.34% | 0.74% | 1.17% | 0.39% | 0.42% |
| ▁▄▁▃▃▇██ | Tang. Book Value ($M) | $6 | $6 | $6 | $6 | $6 | $7 | $7 | $7 |
| ▁▁▁▂▄▇██ | Gross Loans ($M) | $80 | $81 | $81 | $83 | $88 | $93 | $97 | $96 |
| ▁▂▁▄▇▆██ | Total Deposits ($M) | $84 | $90 | $87 | $95 | $102 | $101 | $105 | $108 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 10% |
| Agricultural | 3% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |