Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.50 | 0.58% |
| Return on Equity (%) | ▲ | 10.80% | +4.13 | 6.67% |
| Net Interest Margin (%) | ▲ | 3.15% | +0.12 | 3.03% |
| Efficiency Ratio (%) | ▲ | 64.59% | -10.66 | 75.24% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▼ | 1.14% | +0.13 | 1.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $100 | +11.09 | $89 |
| Gross Loans ($M) | ▲ | $46 | +4.07 | $42 |
| Loan Growth YoY (%) | ▲ | 57.30% | +5.66 | 51.64% |
| Total Deposits ($M) | ▼ | $79 | -0.84 | $80 |
| Shareholders Equity ($M) | ▲ | $10 | +2.13 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +2.13 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +2.49 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 57.30% | +5.66 | 51.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.59% | -0.53 | 1.12% |
| Allowance / Loans (%) | — | 1.58% | -0.09% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 1.29% | -1.09 | 2.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -22.25 | 22.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▁▁▃▄███ | Net Interest Margin (%) | 3.07% | 2.97% | 2.96% | 3.03% | 3.04% | 3.14% | 3.13% | 3.15% |
| ▇▇█▁▄▇██ | Return on Assets (%) | 1.00% | 0.97% | 1.02% | 0.58% | 0.81% | 0.99% | 1.07% | 1.07% |
| ▁▂▂█▇▅▄▂ | Efficiency Ratio (%) | 62.5% | 64.1% | 64.6% | 75.2% | 72.3% | 69.1% | 67.9% | 64.6% |
| ▁▆▆▂▂▁█▄ | Cost of Funds (%) | 0.95% | 1.24% | 1.24% | 1.00% | 0.99% | 0.91% | 1.38% | 1.14% |
| ▃▃▇▇█▆▁▁ | NPA / Assets (%) | 0.76% | 0.83% | 1.14% | 1.12% | 1.25% | 1.04% | 0.65% | 0.59% |
| ▂▄████▁▁ | Net Charge-Off Ratio (%) | 1.58% | 1.80% | 2.32% | 2.38% | 2.45% | 2.32% | 1.37% | 1.29% |
| ▁▄▂▃▃▇██ | Tang. Book Value ($M) | $7 | $8 | $8 | $8 | $8 | $9 | $10 | $10 |
| ▁▁▃▁▄▅█▆ | Gross Loans ($M) | $42 | $42 | $44 | $42 | $44 | $45 | $48 | $46 |
| ▃█▅▆▁█▃▅ | Total Deposits ($M) | $77 | $82 | $79 | $80 | $75 | $82 | $77 | $79 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 9% |
| Agricultural | 31% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 13% |