Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.57% | -0.11 | 0.68% |
| Return on Equity (%) | ▼ | 9.61% | -5.06 | 14.67% |
| Net Interest Margin (%) | ▲ | 3.22% | +0.05 | 3.16% |
| Efficiency Ratio (%) | ▼ | 76.37% | +0.25 | 76.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 1.67% | -0.22 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +1.85 | $111 |
| Gross Loans ($M) | ▼ | $48 | -3.90 | $52 |
| Loan Growth YoY (%) | ▼ | 45.94% | -3.99 | 49.93% |
| Total Deposits ($M) | ▲ | $104 | +0.52 | $104 |
| Shareholders Equity ($M) | ▲ | $7 | +1.30 | $5 |
| Tang. Book Value ($M) | ▲ | $7 | +1.32 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $9 | +1.66 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 45.94% | -3.99 | 49.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.00% | -0.23 | 1.22% |
| Allowance / Loans (%) | — | 0.89% | 0.06% | 0.83% |
| Net Charge-Off Ratio (%) | ▲ | 1.93% | -0.30 | 2.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.20% | +1.50 | 16.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▁▅█▇▆▇ | Net Interest Margin (%) | 3.05% | 3.09% | 2.98% | 3.16% | 3.29% | 3.23% | 3.19% | 3.22% |
| ▃▃▂▃█▅▃▁ | Return on Assets (%) | 0.67% | 0.65% | 0.61% | 0.68% | 0.87% | 0.73% | 0.68% | 0.57% |
| ▆██▆▁▅▇▆ | Efficiency Ratio (%) | 76.7% | 77.9% | 78.7% | 76.1% | 71.2% | 75.7% | 77.6% | 76.4% |
| ▅██▄▃▃▁▁ | Cost of Funds (%) | 1.98% | 2.20% | 2.14% | 1.89% | 1.80% | 1.83% | 1.62% | 1.67% |
| ▁▁▂▆▅█▄▄ | NPA / Assets (%) | 0.67% | 0.65% | 0.75% | 1.22% | 1.10% | 1.43% | 1.01% | 1.00% |
| ▁▁▂▆▅█▅▅ | Net Charge-Off Ratio (%) | 1.12% | 0.98% | 1.23% | 2.23% | 1.94% | 2.66% | 1.98% | 1.93% |
| ▁▅▁▃▃▇██ | Tang. Book Value ($M) | $4 | $6 | $5 | $5 | $5 | $6 | $7 | $7 |
| ▇▇█▇▄▄▃▁ | Gross Loans ($M) | $52 | $52 | $53 | $52 | $50 | $51 | $50 | $48 |
| █▁▅▄▁▁█▅ | Total Deposits ($M) | $109 | $100 | $105 | $104 | $99 | $99 | $107 | $104 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 7% |
| Agricultural | 10% |
| Consumer | 10% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 14% |