Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.20% | +0.03 | 1.17% |
| Return on Equity (%) | ▼ | 13.51% | -2.24 | 15.75% |
| Net Interest Margin (%) | ▲ | 4.94% | +0.30 | 4.64% |
| Efficiency Ratio (%) | ▼ | 67.85% | +0.85 | 67.00% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.00% | -0.05 | 1.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $199 | -2.06 | $201 |
| Gross Loans ($M) | ▲ | $142 | +13.81 | $128 |
| Loan Growth YoY (%) | ▲ | 77.70% | +9.36 | 68.33% |
| Total Deposits ($M) | ▼ | $181 | -4.79 | $186 |
| Shareholders Equity ($M) | ▲ | $18 | +2.80 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +2.80 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.74 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 77.70% | +9.36 | 68.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Allowance / Loans (%) | — | 1.05% | -0.01% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.11 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▄▃▅▆▇█ | Net Interest Margin (%) | 4.49% | 4.57% | 4.67% | 4.64% | 4.73% | 4.81% | 4.86% | 4.94% |
| ▂▂▁▆▇██▇ | Return on Assets (%) | 1.00% | 1.01% | 0.96% | 1.17% | 1.19% | 1.24% | 1.21% | 1.20% |
| █▇▅▃▃▁▁▄ | Efficiency Ratio (%) | 70.8% | 69.8% | 68.6% | 67.0% | 66.9% | 65.6% | 65.3% | 67.9% |
| █▆▄▃▃▂▂▁ | Cost of Funds (%) | 1.20% | 1.12% | 1.09% | 1.05% | 1.06% | 1.04% | 1.03% | 1.00% |
| ██▄▆▁▄▁▁ | NPA / Assets (%) | 0.10% | 0.10% | 0.05% | 0.07% | 0.00% | 0.05% | 0.00% | 0.00% |
| ▆▃▃█▁▆▁▁ | Net Charge-Off Ratio (%) | 0.08% | 0.04% | 0.04% | 0.11% | 0.00% | 0.07% | 0.00% | 0.00% |
| ▁▃▁▃▅▇██ | Tang. Book Value ($M) | $13 | $15 | $14 | $15 | $16 | $17 | $17 | $18 |
| ▁▄▄▄▄▇██ | Gross Loans ($M) | $117 | $127 | $129 | $128 | $127 | $136 | $139 | $142 |
| ▁▃▃█▇█▆▆ | Total Deposits ($M) | $164 | $172 | $173 | $186 | $185 | $189 | $181 | $181 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 16% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 11% |