Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.30 | 1.22% |
| Return on Equity (%) | ▲ | 14.98% | +3.00 | 11.98% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.24 | 3.78% |
| Efficiency Ratio (%) | ▲ | 58.62% | -3.69 | 62.31% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $1 |
| Cost of Funds (%) | ▲ | 2.07% | -0.21 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $315 | +32.50 | $282 |
| Gross Loans ($M) | ▲ | $276 | +22.15 | $254 |
| Loan Growth YoY (%) | ▼ | 104.12% | -4.82 | 108.94% |
| Total Deposits ($M) | ▲ | $262 | +31.63 | $230 |
| Shareholders Equity ($M) | ▲ | $32 | +2.81 | $29 |
| Tang. Book Value ($M) | ▲ | $32 | +2.81 | $29 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +3.28 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 104.12% | -4.82 | 108.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.23% | +0.50 | 1.73% |
| Allowance / Loans (%) | — | 1.20% | 0.02% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 2.55% | +0.62 | 1.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▆███ | Net Interest Margin (%) | 3.68% | 3.74% | 3.74% | 3.78% | 3.91% | 3.97% | 3.98% | 4.01% |
| ▃▃▂▂▄▄▁█ | Return on Assets (%) | 1.27% | 1.30% | 1.25% | 1.22% | 1.31% | 1.34% | 1.17% | 1.52% |
| ████▅▃▄▁ | Efficiency Ratio (%) | 62.2% | 61.9% | 62.2% | 62.3% | 60.6% | 60.0% | 60.3% | 58.6% |
| █▇▅▅▅▄▃▁ | Cost of Funds (%) | 2.42% | 2.38% | 2.28% | 2.29% | 2.29% | 2.23% | 2.17% | 2.07% |
| ▃▂▁▄█▃▇█ | NPA / Assets (%) | 1.63% | 1.47% | 1.32% | 1.73% | 2.15% | 1.64% | 2.08% | 2.23% |
| ▃▂▁▄▇▃▇█ | Net Charge-Off Ratio (%) | 1.81% | 1.66% | 1.46% | 1.92% | 2.39% | 1.84% | 2.36% | 2.55% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $27 | $27 | $28 | $29 | $29 | $30 | $31 | $32 |
| ▁▂▃▄▃▆▆█ | Gross Loans ($M) | $237 | $243 | $248 | $254 | $251 | $263 | $265 | $276 |
| ▁▂▄▃▄▅▇█ | Total Deposits ($M) | $215 | $223 | $233 | $230 | $237 | $244 | $253 | $262 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 50% |
| C&I / Commercial | 11% |
| Agricultural | 35% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 11% |