Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.30% | -0.01 | 0.31% |
| Return on Equity (%) | ▼ | 2.93% | -0.31 | 3.24% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.30 | 2.92% |
| Efficiency Ratio (%) | ▼ | 87.34% | +1.64 | 85.70% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.20 | 2.03% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $279 | -4.61 | $283 |
| Gross Loans ($M) | ▼ | $221 | -7.20 | $229 |
| Loan Growth YoY (%) | ▼ | 95.81% | -0.84 | 96.64% |
| Total Deposits ($M) | ▼ | $229 | -5.55 | $234 |
| Shareholders Equity ($M) | ▲ | $29 | +1.11 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +1.13 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +0.91 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 95.81% | -0.84 | 96.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.95% | +0.27 | 0.68% |
| Allowance / Loans (%) | — | 1.08% | 0.07% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 1.20% | +0.48 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.61% | +1.29 | 16.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▃▃█ | Net Interest Margin (%) | 2.80% | 2.82% | 2.82% | 2.92% | 2.91% | 2.95% | 2.94% | 3.22% |
| ▁▂▅█▆▇▆█ | Return on Assets (%) | 0.19% | 0.21% | 0.25% | 0.31% | 0.27% | 0.29% | 0.27% | 0.30% |
| █▆▂▁▄▂▃▄ | Efficiency Ratio (%) | 89.9% | 88.7% | 86.6% | 85.7% | 87.3% | 86.7% | 86.8% | 87.3% |
| ▆██▇▆▇▆▁ | Cost of Funds (%) | 1.99% | 2.07% | 2.07% | 2.03% | 1.98% | 2.02% | 2.00% | 1.83% |
| ▁▄▂▁▆█▃▃ | NPA / Assets (%) | 0.73% | 1.12% | 0.84% | 0.68% | 1.28% | 1.63% | 1.00% | 0.95% |
| ▂▅▂▁▆█▄▃ | Net Charge-Off Ratio (%) | 0.91% | 1.38% | 1.04% | 0.72% | 1.60% | 2.04% | 1.29% | 1.20% |
| ▁▃▂▄▄▇██ | Tang. Book Value ($M) | $27 | $27 | $27 | $28 | $28 | $28 | $29 | $29 |
| █▇▇▅▅▂▁▁ | Gross Loans ($M) | $235 | $233 | $232 | $229 | $228 | $225 | $222 | $221 |
| █▅▆▄▅▂▆▁ | Total Deposits ($M) | $243 | $237 | $238 | $234 | $237 | $231 | $238 | $229 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Agricultural | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 25% |