Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.49 | 0.55% |
| Return on Equity (%) | ▲ | 7.74% | +3.69 | 4.05% |
| Net Interest Margin (%) | ▲ | 2.83% | +0.35 | 2.48% |
| Efficiency Ratio (%) | ▲ | 59.87% | -14.83 | 74.69% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▲ | 1.99% | -0.21 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +8.95 | $117 |
| Gross Loans ($M) | ▲ | $84 | +5.36 | $78 |
| Loan Growth YoY (%) | ▼ | 76.40% | -0.86 | 77.26% |
| Total Deposits ($M) | ▲ | $108 | +8.15 | $100 |
| Shareholders Equity ($M) | ▲ | $16 | +0.84 | $16 |
| Tang. Book Value ($M) | ▲ | $16 | +0.84 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.04 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 76.40% | -0.86 | 77.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.96% | -0.79 | 1.75% |
| Allowance / Loans (%) | — | 1.14% | -0.09% | 1.22% |
| Net Charge-Off Ratio (%) | ▲ | 1.44% | -1.17 | 2.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 2.31% | 2.36% | 2.41% | 2.48% | 2.58% | 2.66% | 2.74% | 2.83% |
| ▅▇█▁▁▇▆█ | Return on Assets (%) | 0.84% | 0.99% | 1.06% | 0.55% | 0.53% | 0.93% | 0.92% | 1.04% |
| ▅▃▂█▄▁▁▄ | Efficiency Ratio (%) | 64.4% | 58.2% | 55.8% | 74.7% | 59.1% | 52.1% | 49.5% | 59.9% |
| ▇██▇▅▄▃▁ | Cost of Funds (%) | 2.21% | 2.24% | 2.22% | 2.20% | 2.14% | 2.09% | 2.05% | 1.99% |
| ███▇█▄▂▁ | NPA / Assets (%) | 1.82% | 1.85% | 1.82% | 1.75% | 1.89% | 1.39% | 1.11% | 0.96% |
| █████▄▁▁ | Net Charge-Off Ratio (%) | 2.60% | 2.63% | 2.58% | 2.61% | 2.71% | 2.05% | 1.50% | 1.44% |
| ▁▄▄▃▄▇█▆ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $16 | $16 | $17 | $16 |
| ▁▃▄▂▇▆██ | Gross Loans ($M) | $77 | $79 | $80 | $78 | $82 | $81 | $84 | $84 |
| ▁▂▂▄▅▅▆█ | Total Deposits ($M) | $94 | $96 | $97 | $100 | $101 | $103 | $103 | $108 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 83% |
| Brokered / Other | 6% |