Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.09% | -0.07 | 2.16% |
| Return on Equity (%) | ▼ | 21.94% | -6.45 | 28.39% |
| Net Interest Margin (%) | ▲ | 3.88% | +0.13 | 3.74% |
| Efficiency Ratio (%) | ▼ | 50.23% | +2.80 | 47.43% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.17 | $2 |
| Cost of Funds (%) | ▲ | 1.54% | -0.37 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $294 | -11.70 | $305 |
| Gross Loans ($M) | ▲ | $161 | +2.91 | $158 |
| Loan Growth YoY (%) | ▲ | 59.78% | +4.34 | 55.44% |
| Total Deposits ($M) | ▼ | $264 | -15.71 | $280 |
| Shareholders Equity ($M) | ▲ | $28 | +4.16 | $24 |
| Tang. Book Value ($M) | ▲ | $28 | +4.16 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.09 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 59.78% | +4.34 | 55.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.57% | +0.13 | 0.44% |
| Allowance / Loans (%) | — | 1.91% | 0.07% | 1.84% |
| Net Charge-Off Ratio (%) | ▼ | 0.95% | +0.33 | 0.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▅██▆ | Net Interest Margin (%) | 3.71% | 3.69% | 3.70% | 3.74% | 3.83% | 3.92% | 3.95% | 3.88% |
| ▃▆▂▄▄█▅▁ | Return on Assets (%) | 2.15% | 2.21% | 2.12% | 2.16% | 2.17% | 2.27% | 2.19% | 2.09% |
| ▃▂▅▃▃▁▄█ | Efficiency Ratio (%) | 47.3% | 46.9% | 48.2% | 47.4% | 47.6% | 46.0% | 48.1% | 50.2% |
| ██▇▅▄▄▂▁ | Cost of Funds (%) | 2.14% | 2.18% | 2.08% | 1.92% | 1.83% | 1.81% | 1.66% | 1.54% |
| ▁▄▃▃▃▁█▄ | NPA / Assets (%) | 0.27% | 0.58% | 0.50% | 0.44% | 0.50% | 0.22% | 1.04% | 0.57% |
| ▂▄▄▃▃▁█▅ | Net Charge-Off Ratio (%) | 0.46% | 0.88% | 0.87% | 0.62% | 0.69% | 0.16% | 1.67% | 0.95% |
| ▁█▁▂▁▇██ | Tang. Book Value ($M) | $23 | $28 | $23 | $24 | $23 | $27 | $28 | $28 |
| ▁▂▄▆▆██▇ | Gross Loans ($M) | $147 | $150 | $155 | $158 | $159 | $163 | $164 | $161 |
| ███▆▅▂▁▁ | Total Deposits ($M) | $288 | $286 | $286 | $280 | $277 | $268 | $264 | $264 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 22% |
| Agricultural | 17% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 16% |