Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.33% | -0.85 | 1.17% |
| Return on Equity (%) | ▼ | 4.67% | -13.36 | 18.03% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.01 | 3.34% |
| Efficiency Ratio (%) | ▼ | 60.39% | +1.15 | 59.24% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 2.62% | -0.15 | 2.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $159 | +13.58 | $146 |
| Gross Loans ($M) | ▲ | $123 | +9.27 | $114 |
| Loan Growth YoY (%) | ▲ | 100.70% | +3.02 | 97.68% |
| Total Deposits ($M) | ▲ | $120 | +5.27 | $115 |
| Shareholders Equity ($M) | ▲ | $11 | +1.12 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +1.12 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $12 | +1.18 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 100.70% | +3.02 | 97.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.08% | +1.98 | 0.10% |
| Allowance / Loans (%) | — | 1.40% | 0.32% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 2.64% | +2.50 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.55% | +0.17 | 10.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▇▆▇██ | Net Interest Margin (%) | 3.20% | 3.18% | 3.15% | 3.34% | 3.30% | 3.35% | 3.38% | 3.35% |
| ▄▆▆████▁ | Return on Assets (%) | 0.70% | 0.93% | 0.95% | 1.17% | 1.21% | 1.24% | 1.26% | 0.33% |
| █▅▄▃▁▁▁▅ | Efficiency Ratio (%) | 62.7% | 60.2% | 59.8% | 59.2% | 57.8% | 57.3% | 57.5% | 60.4% |
| ▅██▅▄▆▁▁ | Cost of Funds (%) | 2.76% | 2.88% | 2.87% | 2.77% | 2.73% | 2.79% | 2.65% | 2.62% |
| ▂▁▂▁▁▁▁█ | NPA / Assets (%) | 0.56% | 0.34% | 0.41% | 0.10% | 0.19% | 0.17% | 0.18% | 2.08% |
| ▂▁▂▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.74% | 0.44% | 0.53% | 0.13% | 0.24% | 0.16% | 0.16% | 2.64% |
| ▁▃▃▅▆███ | Tang. Book Value ($M) | $8 | $9 | $9 | $10 | $10 | $11 | $11 | $11 |
| ▁▃▅▅▇▇▇█ | Gross Loans ($M) | $101 | $109 | $113 | $114 | $118 | $118 | $120 | $123 |
| ▁▁▁▃▂▅▅█ | Total Deposits ($M) | $113 | $113 | $112 | $115 | $114 | $116 | $117 | $120 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 7% |
| Agricultural | 3% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 31% |