Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.49% | +0.54 | 1.95% |
| Return on Equity (%) | ▲ | 21.97% | +1.08 | 20.89% |
| Net Interest Margin (%) | ▲ | 5.22% | +0.57 | 4.65% |
| Efficiency Ratio (%) | ▲ | 38.23% | -4.10 | 42.33% |
| Pre-Provision Profit ($M) | ▲ | $6 | +1.20 | $5 |
| Cost of Funds (%) | ▲ | 1.36% | -0.30 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $703 | +23.71 | $680 |
| Gross Loans ($M) | ▲ | $547 | +51.10 | $496 |
| Loan Growth YoY (%) | ▲ | 87.53% | +6.32 | 81.21% |
| Total Deposits ($M) | ▲ | $617 | +14.11 | $603 |
| Shareholders Equity ($M) | ▲ | $81 | +16.59 | $65 |
| Tang. Book Value ($M) | ▲ | $80 | +16.59 | $64 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +16.01 | $67 |
| Loan / Deposit Ratio (%) | ▲ | 87.53% | +6.32 | 81.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.10 | 0.03% |
| Allowance / Loans (%) | — | 1.24% | -0.00% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.08 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.26% | +1.00 | 17.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▂▂▄█ | Net Interest Margin (%) | 4.71% | 4.66% | 4.67% | 4.65% | 4.75% | 4.78% | 4.87% | 5.22% |
| ▅█▇▁▁▂▂▅ | Return on Assets (%) | 2.47% | 2.88% | 2.66% | 1.95% | 2.06% | 2.09% | 2.15% | 2.49% |
| ▄▁▂██▇▇▅ | Efficiency Ratio (%) | 36.8% | 33.4% | 35.2% | 42.3% | 42.2% | 41.1% | 40.4% | 38.2% |
| ▆█▇▄▆▅▃▁ | Cost of Funds (%) | 1.77% | 1.97% | 1.82% | 1.66% | 1.75% | 1.71% | 1.58% | 1.36% |
| ▁▁▁▂▂███ | NPA / Assets (%) | 0.01% | 0.01% | 0.01% | 0.03% | 0.03% | 0.13% | 0.13% | 0.13% |
| ▁▁▁▂▂██▆ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.02% | 0.05% | 0.04% | 0.18% | 0.17% | 0.13% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $51 | $58 | $60 | $64 | $68 | $72 | $76 | $80 |
| ▁▁▃▅▅▇██ | Gross Loans ($M) | $422 | $432 | $454 | $496 | $499 | $517 | $533 | $547 |
| ▁▁▁▄▄█▄▅ | Total Deposits ($M) | $580 | $585 | $587 | $603 | $605 | $641 | $609 | $617 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 33% |
| Agricultural | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 4% |