Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.50% | +0.26 | 1.24% |
| Return on Equity (%) | ▲ | 13.12% | +1.77 | 11.35% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.43 | 3.29% |
| Efficiency Ratio (%) | ▲ | 48.47% | -4.00 | 52.46% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.43 | $2 |
| Cost of Funds (%) | ▲ | 1.62% | -0.26 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $451 | -3.56 | $454 |
| Gross Loans ($M) | ▲ | $318 | +1.55 | $317 |
| Loan Growth YoY (%) | ▲ | 79.10% | +1.58 | 77.51% |
| Total Deposits ($M) | ▼ | $395 | -6.71 | $402 |
| Shareholders Equity ($M) | ▲ | $53 | +3.19 | $50 |
| Tang. Book Value ($M) | ▲ | $53 | +3.19 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $58 | +3.50 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 79.10% | +1.58 | 77.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.27% | -0.01 | 0.28% |
| Allowance / Loans (%) | — | 1.82% | 0.15% | 1.67% |
| Net Charge-Off Ratio (%) | ▲ | 0.38% | -0.02 | 0.40% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▅▆█ | Net Interest Margin (%) | 2.89% | 2.96% | 3.05% | 3.29% | 3.32% | 3.39% | 3.44% | 3.72% |
| ▁▂▂▅▆▇▅█ | Return on Assets (%) | 0.97% | 1.04% | 1.03% | 1.24% | 1.33% | 1.38% | 1.28% | 1.50% |
| █▇▇▄▂▁▃▁ | Efficiency Ratio (%) | 59.1% | 56.9% | 57.7% | 52.5% | 50.2% | 49.3% | 51.9% | 48.5% |
| ██▆▆▄▆▃▁ | Cost of Funds (%) | 2.04% | 2.02% | 1.89% | 1.89% | 1.79% | 1.91% | 1.77% | 1.62% |
| ▁▁▁▄▄▂█▄ | NPA / Assets (%) | 0.09% | 0.06% | 0.10% | 0.28% | 0.28% | 0.14% | 0.53% | 0.27% |
| ▁▁▁▄▄▂█▄ | Net Charge-Off Ratio (%) | 0.13% | 0.08% | 0.14% | 0.40% | 0.41% | 0.19% | 0.77% | 0.38% |
| ▁▄▁▃▆█▅▇ | Tang. Book Value ($M) | $48 | $51 | $48 | $50 | $52 | $54 | $52 | $53 |
| ▁▃▂▅█▆▅▆ | Gross Loans ($M) | $309 | $313 | $311 | $317 | $322 | $318 | $317 | $318 |
| ▁▁▄▆█▃█▅ | Total Deposits ($M) | $376 | $371 | $388 | $402 | $413 | $387 | $409 | $395 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 16% |