Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.90% | -0.10 | 1.00% |
| Return on Equity (%) | ▼ | 6.84% | -0.82 | 7.66% |
| Net Interest Margin (%) | ▼ | 3.22% | -0.30 | 3.51% |
| Efficiency Ratio (%) | ▼ | 65.00% | +0.82 | 64.18% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▼ | 0.34% | +0.12 | 0.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $186 | +3.88 | $182 |
| Gross Loans ($M) | ▲ | $12 | +0.94 | $11 |
| Loan Growth YoY (%) | ▲ | 6.65% | +0.49 | 6.16% |
| Total Deposits ($M) | ▲ | $159 | +2.12 | $157 |
| Shareholders Equity ($M) | ▲ | $26 | +1.90 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +1.90 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +2.24 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 6.65% | +0.49 | 6.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.04 | 0.04% |
| Allowance / Loans (%) | — | 10.31% | -0.65% | 10.95% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.62 | 0.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 57.67% | -0.08 | 57.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▅▄▄▂▁ | Net Interest Margin (%) | 3.71% | 3.67% | 3.64% | 3.51% | 3.43% | 3.46% | 3.34% | 3.22% |
| ▇█▇▃▂▃▃▁ | Return on Assets (%) | 1.21% | 1.26% | 1.19% | 1.00% | 0.98% | 1.00% | 1.01% | 0.90% |
| ▂▁▁▇▆▇▇█ | Efficiency Ratio (%) | 60.0% | 58.9% | 59.5% | 64.2% | 63.1% | 64.1% | 63.7% | 65.0% |
| ▂▁▁▁▃▁▆█ | Cost of Funds (%) | 0.22% | 0.22% | 0.21% | 0.21% | 0.24% | 0.20% | 0.29% | 0.34% |
| ████▁▁▁▁ | NPA / Assets (%) | 0.04% | 0.04% | 0.04% | 0.04% | 0.01% | 0.01% | 0.01% | 0.01% |
| ████▁▁▁▁ | Net Charge-Off Ratio (%) | 0.61% | 0.59% | 0.61% | 0.65% | 0.02% | 0.07% | 0.03% | 0.03% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $23 | $23 | $24 | $24 | $25 | $25 | $26 | $26 |
| ▃▇▃▁▂▃▅█ | Gross Loans ($M) | $11 | $12 | $11 | $11 | $11 | $11 | $11 | $12 |
| ▃▄▄▂▄▁█▃ | Total Deposits ($M) | $158 | $163 | $163 | $157 | $165 | $149 | $182 | $159 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 28% |
| Agricultural | 1% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 4% |