Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.92% | -0.19 | 2.11% |
| Return on Equity (%) | ▼ | 22.87% | -2.74 | 25.61% |
| Net Interest Margin (%) | ▼ | 5.40% | -0.24 | 5.64% |
| Efficiency Ratio (%) | ▼ | 64.51% | +6.89 | 57.62% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 1.23% | -0.30 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $155 | +13.13 | $142 |
| Gross Loans ($M) | ▲ | $80 | +6.06 | $74 |
| Loan Growth YoY (%) | ▼ | 55.75% | -1.11 | 56.87% |
| Total Deposits ($M) | ▲ | $140 | +12.48 | $128 |
| Shareholders Equity ($M) | ▲ | $12 | +0.77 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +0.77 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +1.01 | $13 |
| Loan / Deposit Ratio (%) | ▼ | 55.75% | -1.11 | 56.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.81% | +0.62 | 0.19% |
| Allowance / Loans (%) | — | 1.97% | 0.55% | 1.43% |
| Net Charge-Off Ratio (%) | ▼ | 1.39% | +1.07 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▂▂▂▂▁ | Net Interest Margin (%) | 6.42% | 6.49% | 6.31% | 5.64% | 5.65% | 5.65% | 5.66% | 5.40% |
| ██▅█▄▆▁▅ | Return on Assets (%) | 2.16% | 2.11% | 1.92% | 2.11% | 1.83% | 1.97% | 1.61% | 1.92% |
| ▁▁▃▂█▇▆█ | Efficiency Ratio (%) | 56.2% | 56.5% | 58.8% | 57.6% | 64.9% | 63.3% | 62.6% | 64.5% |
| ▄█▇█▇▆▃▁ | Cost of Funds (%) | 1.38% | 1.56% | 1.50% | 1.53% | 1.50% | 1.47% | 1.36% | 1.23% |
| █▃▂▁▁▁▁▆ | NPA / Assets (%) | 1.12% | 0.53% | 0.32% | 0.19% | 0.18% | 0.28% | 0.25% | 0.81% |
| █▂▂▁▁▂▁▇ | Net Charge-Off Ratio (%) | 1.58% | 0.60% | 0.57% | 0.32% | 0.29% | 0.50% | 0.30% | 1.39% |
| ▁▄▃▁▃▇█▄ | Tang. Book Value ($M) | $11 | $12 | $12 | $11 | $12 | $13 | $14 | $12 |
| ▁▁▂▂▅▅▅█ | Gross Loans ($M) | $72 | $72 | $73 | $74 | $76 | $76 | $77 | $80 |
| ▁▂▆▅▅▆██ | Total Deposits ($M) | $113 | $117 | $130 | $128 | $128 | $133 | $138 | $140 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 61% |
| C&I / Commercial | 22% |
| Agricultural | 8% |
| Consumer | 6% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 13% |