Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.17% | +0.04 | 1.13% |
| Return on Equity (%) | ▲ | 12.75% | +0.29 | 12.46% |
| Net Interest Margin (%) | ▲ | 4.53% | +0.25 | 4.28% |
| Efficiency Ratio (%) | ▲ | 60.85% | -2.22 | 63.06% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.22 | $1 |
| Cost of Funds (%) | ▼ | 1.48% | +0.10 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $361 | +3.12 | $357 |
| Gross Loans ($M) | ▲ | $279 | +17.48 | $262 |
| Loan Growth YoY (%) | ▲ | 85.43% | +4.84 | 80.59% |
| Total Deposits ($M) | ▲ | $323 | +2.00 | $321 |
| Shareholders Equity ($M) | ▲ | $33 | +1.23 | $32 |
| Tang. Book Value ($M) | ▲ | $31 | +1.47 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +1.47 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 85.43% | +4.84 | 80.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.49% | +0.01 | 0.48% |
| Allowance / Loans (%) | — | 1.13% | 0.01% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.54 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.67% | -0.30 | 11.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▃▆▇▇█ | Net Interest Margin (%) | 4.18% | 4.30% | 4.30% | 4.28% | 4.41% | 4.46% | 4.48% | 4.53% |
| ▁▃▂▄▇█▇▆ | Return on Assets (%) | 1.08% | 1.12% | 1.10% | 1.13% | 1.18% | 1.20% | 1.18% | 1.17% |
| █▄▆█▄▁▁▃ | Efficiency Ratio (%) | 63.4% | 61.4% | 62.3% | 63.1% | 60.9% | 59.5% | 59.4% | 60.8% |
| ▁▆▇▁▆██▄ | Cost of Funds (%) | 1.38% | 1.51% | 1.55% | 1.38% | 1.53% | 1.57% | 1.59% | 1.48% |
| ▁▁██▇███ | NPA / Assets (%) | 0.16% | 0.14% | 0.49% | 0.48% | 0.46% | 0.49% | 0.52% | 0.49% |
| ▂▂███▁▁▁ | Net Charge-Off Ratio (%) | 0.20% | 0.20% | 0.62% | 0.66% | 0.61% | 0.12% | 0.14% | 0.11% |
| ▄▇▁▄█▇▆█ | Tang. Book Value ($M) | $30 | $31 | $29 | $30 | $31 | $31 | $31 | $31 |
| ▁▁▅▅▄▅██ | Gross Loans ($M) | $244 | $244 | $263 | $262 | $260 | $265 | $276 | $279 |
| ▁▅▄█▆▇██ | Total Deposits ($M) | $281 | $307 | $299 | $321 | $309 | $318 | $320 | $323 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 12% |
| Agricultural | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 18% |