Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.10% | -0.20 | 1.30% |
| Return on Equity (%) | ▼ | 8.52% | -2.08 | 10.60% |
| Net Interest Margin (%) | ▲ | 4.46% | +0.64 | 3.82% |
| Efficiency Ratio (%) | ▲ | 59.52% | -5.67 | 65.19% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.68 | $2 |
| Cost of Funds (%) | ▲ | 1.31% | -0.35 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $595 | -4.74 | $600 |
| Gross Loans ($M) | ▲ | $437 | +15.30 | $421 |
| Loan Growth YoY (%) | ▲ | 83.28% | +2.35 | 80.93% |
| Total Deposits ($M) | ▲ | $515 | +3.87 | $511 |
| Shareholders Equity ($M) | ▲ | $77 | +1.87 | $75 |
| Tang. Book Value ($M) | ▲ | $76 | +1.96 | $74 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +1.61 | $81 |
| Loan / Deposit Ratio (%) | ▲ | 83.28% | +2.35 | 80.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.21% | +0.07 | 1.13% |
| Allowance / Loans (%) | — | 1.80% | -0.05% | 1.84% |
| Net Charge-Off Ratio (%) | ▼ | 1.64% | +0.03 | 1.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.53% | -0.55 | 16.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▅▆█ | Net Interest Margin (%) | 3.59% | 3.53% | 3.60% | 3.82% | 3.87% | 4.10% | 4.20% | 4.46% |
| ▃▄▆██▁▂▆ | Return on Assets (%) | 0.81% | 0.94% | 1.06% | 1.30% | 1.30% | 0.59% | 0.71% | 1.10% |
| ██▇▇▇▃▇▁ | Efficiency Ratio (%) | 66.3% | 66.1% | 65.3% | 65.2% | 65.3% | 61.9% | 65.4% | 59.5% |
| ▇██▆▅▂▂▁ | Cost of Funds (%) | 1.77% | 1.82% | 1.87% | 1.66% | 1.61% | 1.44% | 1.40% | 1.31% |
| █▇▇▆█▂▁▆ | NPA / Assets (%) | 1.53% | 1.35% | 1.28% | 1.13% | 1.47% | 0.53% | 0.26% | 1.21% |
| ██▇▆█▂▁▆ | Net Charge-Off Ratio (%) | 2.14% | 2.09% | 1.82% | 1.62% | 2.17% | 0.79% | 0.36% | 1.64% |
| ▁▄▃▆▇▅▇█ | Tang. Book Value ($M) | $68 | $72 | $71 | $74 | $75 | $73 | $75 | $76 |
| ▄▃▆▅▁▃██ | Gross Loans ($M) | $417 | $412 | $425 | $421 | $404 | $415 | $435 | $437 |
| ▁█▃▂▃█▃▃ | Total Deposits ($M) | $501 | $550 | $514 | $511 | $514 | $544 | $514 | $515 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 45% |
| C&I / Commercial | 42% |
| Agricultural | 10% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 7% |