Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.31% | +0.64 | 1.67% |
| Return on Equity (%) | ▲ | 21.02% | +3.88 | 17.14% |
| Net Interest Margin (%) | ▲ | 4.84% | +0.23 | 4.61% |
| Efficiency Ratio (%) | ▲ | 40.33% | -2.28 | 42.61% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.39 | $3 |
| Cost of Funds (%) | ▲ | 1.37% | -0.24 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +13.46 | $381 |
| Gross Loans ($M) | ▲ | $204 | +9.05 | $195 |
| Loan Growth YoY (%) | ▲ | 67.54% | +6.22 | 61.32% |
| Total Deposits ($M) | ▼ | $297 | -15.02 | $312 |
| Shareholders Equity ($M) | ▲ | $45 | +6.82 | $38 |
| Tang. Book Value ($M) | ▲ | $45 | +6.86 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +6.53 | $46 |
| Loan / Deposit Ratio (%) | ▲ | 67.54% | +6.22 | 61.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.68% | -0.34 | 1.02% |
| Allowance / Loans (%) | — | 1.57% | -0.18% | 1.76% |
| Net Charge-Off Ratio (%) | ▲ | 1.18% | -0.78 | 1.96% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.97% | -0.01 | 17.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▇▇█ | Net Interest Margin (%) | 4.23% | 4.29% | 4.35% | 4.61% | 4.67% | 4.71% | 4.76% | 4.84% |
| ▂▃▃▁▅▇██ | Return on Assets (%) | 1.77% | 1.88% | 1.91% | 1.67% | 2.01% | 2.22% | 2.34% | 2.31% |
| ▆▆██▂▄▃▁ | Efficiency Ratio (%) | 42.1% | 42.0% | 42.7% | 42.6% | 40.8% | 41.3% | 41.1% | 40.3% |
| ██▇▅▇█▅▁ | Cost of Funds (%) | 1.73% | 1.74% | 1.72% | 1.61% | 1.68% | 1.77% | 1.61% | 1.37% |
| ██▇▇█▄▁▁ | NPA / Assets (%) | 1.04% | 1.04% | 0.98% | 1.02% | 1.08% | 0.85% | 0.67% | 0.68% |
| ▆▇▆██▅▂▁ | Net Charge-Off Ratio (%) | 1.83% | 1.94% | 1.82% | 1.96% | 2.06% | 1.62% | 1.31% | 1.18% |
| ▇█▁▁▂▅▃▄ | Tang. Book Value ($M) | $49 | $53 | $36 | $38 | $39 | $45 | $42 | $45 |
| ▃▁▅▃▆▇▄█ | Gross Loans ($M) | $195 | $190 | $197 | $195 | $200 | $201 | $196 | $204 |
| ▂▄█▇▄▁█▄ | Total Deposits ($M) | $288 | $294 | $315 | $312 | $295 | $278 | $320 | $297 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 20% |
| Agricultural | 8% |
| Consumer | 19% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 7% |