Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.01% | +0.65 | -0.64% |
| Return on Equity (%) | ▲ | 0.08% | +5.26 | -5.18% |
| Net Interest Margin (%) | ▲ | 4.06% | +0.14 | 3.92% |
| Efficiency Ratio (%) | ▲ | 89.99% | -17.33 | 107.33% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.27 | $-0 |
| Cost of Funds (%) | ▲ | 1.94% | -0.31 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $182 | +51.59 | $130 |
| Gross Loans ($M) | ▲ | $136 | +38.10 | $98 |
| Loan Growth YoY (%) | ▼ | 81.22% | -4.16 | 85.38% |
| Total Deposits ($M) | ▲ | $166 | +52.45 | $114 |
| Shareholders Equity ($M) | ▼ | $15 | -0.93 | $16 |
| Tang. Book Value ($M) | ▼ | $15 | -0.93 | $16 |
| TBV excl. AOCI ($M)** | ▼ | $16 | -0.59 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 81.22% | -4.16 | 85.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 5.91% | +2.41 | 3.51% |
| Allowance / Loans (%) | — | 0.65% | -0.02% | 0.67% |
| Net Charge-Off Ratio (%) | ▼ | 7.92% | +3.24 | 4.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▁▂▄▆███ | Net Interest Margin (%) | 4.06% | 3.76% | 3.82% | 3.92% | 3.99% | 4.06% | 4.08% | 4.06% |
| ▆▁▁▇██▇█ | Return on Assets (%) | -1.13% | -3.55% | -3.23% | -0.64% | -0.24% | -0.12% | -0.77% | 0.01% |
| ██▇▅▄▂▁▁ | Efficiency Ratio (%) | 119.3% | 122.6% | 116.7% | 107.3% | 102.8% | 96.9% | 90.1% | 90.0% |
| ███▄▂▁▁▁ | Cost of Funds (%) | 2.52% | 2.58% | 2.55% | 2.25% | 2.07% | 2.01% | 2.00% | 1.94% |
| ▁▅▂▄▂▄█▇ | NPA / Assets (%) | 0.31% | 4.01% | 1.81% | 3.51% | 1.94% | 3.76% | 7.32% | 5.91% |
| ▁▆▂▄▂▅█▇ | Net Charge-Off Ratio (%) | 0.63% | 6.60% | 2.59% | 4.68% | 2.67% | 5.18% | 9.68% | 7.92% |
| █▄▃▂▂▃▁▁ | Tang. Book Value ($M) | $19 | $17 | $16 | $16 | $16 | $16 | $15 | $15 |
| ▁▃▄▅▆▇██ | Gross Loans ($M) | $51 | $73 | $86 | $98 | $106 | $122 | $130 | $136 |
| ▁▂▃▃▅▇▇█ | Total Deposits ($M) | $86 | $103 | $107 | $114 | $129 | $151 | $156 | $166 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 53% |
| Agricultural | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 21% |