Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.04% | -0.07 | 0.11% |
| Return on Equity (%) | ▼ | 0.63% | -1.69 | 2.32% |
| Net Interest Margin (%) | ▼ | 1.37% | -0.01 | 1.38% |
| Efficiency Ratio (%) | ▼ | 101.22% | +7.13 | 94.09% |
| Pre-Provision Profit ($M) | ▼ | $-0 | -0.06 | $0 |
| Cost of Funds (%) | ▲ | 2.37% | -0.29 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $217 | +3.88 | $213 |
| Gross Loans ($M) | ▼ | $69 | -9.06 | $78 |
| Loan Growth YoY (%) | ▼ | 33.88% | -4.90 | 38.78% |
| Total Deposits ($M) | ▲ | $202 | +1.74 | $200 |
| Shareholders Equity ($M) | ▲ | $13 | +2.46 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +2.46 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.91 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 33.88% | -4.90 | 38.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.21% | -0.06 | 0.27% |
| Allowance / Loans (%) | — | 1.37% | 0.37% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.67% | -0.07 | 0.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 26.21% | +2.38 | 23.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆██▅ | Net Interest Margin (%) | 1.25% | 1.24% | 1.26% | 1.38% | 1.40% | 1.45% | 1.44% | 1.37% |
| █▇▇▆▁▅▆▂ | Return on Assets (%) | 0.15% | 0.11% | 0.11% | 0.11% | 0.01% | 0.09% | 0.10% | 0.04% |
| ▁▃▃▃▃▁▁█ | Efficiency Ratio (%) | 90.2% | 93.0% | 93.6% | 94.1% | 93.3% | 89.9% | 90.6% | 101.2% |
| ██▇▄▅▅▅▁ | Cost of Funds (%) | 2.99% | 2.93% | 2.85% | 2.66% | 2.76% | 2.73% | 2.72% | 2.37% |
| ▁▁▁▅▆█▄▄ | NPA / Assets (%) | 0.12% | 0.12% | 0.13% | 0.27% | 0.29% | 0.38% | 0.23% | 0.21% |
| ▁▁▁▅▅█▄▄ | Net Charge-Off Ratio (%) | 0.36% | 0.36% | 0.36% | 0.74% | 0.78% | 1.07% | 0.66% | 0.67% |
| ▁▆▂▄▅▇██ | Tang. Book Value ($M) | $8 | $12 | $9 | $11 | $11 | $13 | $13 | $13 |
| ▆▅▄█▇▅▂▁ | Gross Loans ($M) | $75 | $74 | $73 | $78 | $77 | $74 | $71 | $69 |
| █▅▃▄▂▂▁▄ | Total Deposits ($M) | $221 | $207 | $198 | $200 | $195 | $195 | $187 | $202 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 12% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 35% |