Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.65% | -0.45 | 1.10% |
| Return on Equity (%) | ▼ | 7.22% | -6.52 | 13.74% |
| Net Interest Margin (%) | ▼ | 4.22% | -0.15 | 4.38% |
| Efficiency Ratio (%) | ▼ | 79.06% | +9.18 | 69.88% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.09 | $0 |
| Cost of Funds (%) | ▲ | 2.01% | -0.13 | 2.14% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $101 | +2.87 | $98 |
| Gross Loans ($M) | ▲ | $76 | +2.34 | $74 |
| Loan Growth YoY (%) | ▲ | 84.09% | +0.92 | 83.17% |
| Total Deposits ($M) | ▲ | $90 | +1.87 | $88 |
| Shareholders Equity ($M) | ▲ | $9 | +1.28 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +1.28 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 84.09% | +0.92 | 83.17% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.47% | +0.27 | 0.19% |
| Allowance / Loans (%) | — | 1.11% | -0.08% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.36 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▇▅▆██▁ | Net Interest Margin (%) | 4.39% | 4.39% | 4.45% | 4.38% | 4.40% | 4.48% | 4.50% | 4.22% |
| ▆▅▄█▅▆▆▁ | Return on Assets (%) | 0.94% | 0.90% | 0.86% | 1.10% | 0.93% | 0.98% | 0.94% | 0.65% |
| ▃▃▄▁▁▁▂█ | Efficiency Ratio (%) | 72.5% | 73.2% | 74.1% | 69.9% | 70.5% | 70.7% | 71.7% | 79.1% |
| ▂█▅▇██▃▁ | Cost of Funds (%) | 2.03% | 2.17% | 2.10% | 2.14% | 2.15% | 2.15% | 2.06% | 2.01% |
| ▃▅▅▁▂▆██ | NPA / Assets (%) | 0.29% | 0.37% | 0.35% | 0.19% | 0.25% | 0.38% | 0.48% | 0.47% |
| ▄▆▃▁▂▆██ | Net Charge-Off Ratio (%) | 0.41% | 0.50% | 0.40% | 0.26% | 0.33% | 0.51% | 0.64% | 0.62% |
| ▁▂▄▅▆▇██ | Tang. Book Value ($M) | $6 | $7 | $7 | $8 | $8 | $9 | $9 | $9 |
| ▁▂▅▆▇███ | Gross Loans ($M) | $67 | $69 | $72 | $74 | $74 | $75 | $76 | $76 |
| ▂▂▁▆█▅▇█ | Total Deposits ($M) | $85 | $85 | $84 | $88 | $89 | $87 | $88 | $90 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 1% |
| Agricultural | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 7% |