Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.68% | +0.48 | 1.20% |
| Return on Equity (%) | ▲ | 16.15% | +3.84 | 12.31% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.50 | 3.06% |
| Efficiency Ratio (%) | ▲ | 50.50% | -9.20 | 59.70% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.82 | $2 |
| Cost of Funds (%) | ▲ | 2.25% | -0.33 | 2.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $547 | -5.37 | $552 |
| Gross Loans ($M) | ▲ | $494 | +17.33 | $477 |
| Loan Growth YoY (%) | ▲ | 111.97% | +4.23 | 107.74% |
| Total Deposits ($M) | ▼ | $437 | -1.30 | $438 |
| Shareholders Equity ($M) | ▲ | $57 | +3.46 | $54 |
| Tang. Book Value ($M) | ▲ | $55 | +3.47 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 111.97% | +4.23 | 107.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.14 | 0.14% |
| Allowance / Loans (%) | — | 1.12% | 0.01% | 1.11% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.16 | 0.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.48% | +0.37 | 11.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 2.82% | 2.86% | 2.88% | 3.06% | 3.17% | 3.27% | 3.30% | 3.57% |
| ▁▂▂▄▄▆▇█ | Return on Assets (%) | 0.81% | 1.00% | 0.95% | 1.20% | 1.24% | 1.37% | 1.49% | 1.68% |
| █▆█▄▄▃▂▁ | Efficiency Ratio (%) | 71.6% | 66.1% | 69.0% | 59.7% | 60.0% | 57.6% | 55.3% | 50.5% |
| █▇▆▄▅▃▂▁ | Cost of Funds (%) | 2.98% | 2.85% | 2.76% | 2.58% | 2.67% | 2.48% | 2.38% | 2.25% |
| ██▇█▅▅▅▁ | NPA / Assets (%) | 0.14% | 0.14% | 0.12% | 0.14% | 0.09% | 0.09% | 0.09% | 0.01% |
| ██▇█▅▅▅▁ | Net Charge-Off Ratio (%) | 0.17% | 0.17% | 0.14% | 0.16% | 0.10% | 0.10% | 0.10% | 0.01% |
| ▁▂▃▄▄▆██ | Tang. Book Value ($M) | $49 | $50 | $51 | $52 | $52 | $53 | $56 | $55 |
| ▁▂▂▄▃▄█▇ | Gross Loans ($M) | $455 | $465 | $466 | $477 | $469 | $476 | $501 | $494 |
| ▅▁▂▅▄▆█▅ | Total Deposits ($M) | $434 | $411 | $420 | $438 | $432 | $445 | $456 | $437 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 9% |
| Agricultural | 30% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 15% |