Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.28 | 1.41% |
| Return on Equity (%) | ▲ | 14.30% | +1.61 | 12.69% |
| Net Interest Margin (%) | ▲ | 4.04% | +0.27 | 3.77% |
| Efficiency Ratio (%) | ▲ | 47.30% | -5.55 | 52.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 2.42% | -0.16 | 2.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $241 | +12.59 | $228 |
| Gross Loans ($M) | ▲ | $213 | +21.18 | $192 |
| Loan Growth YoY (%) | ▲ | 103.34% | +6.08 | 97.26% |
| Total Deposits ($M) | ▲ | $205 | +8.81 | $196 |
| Shareholders Equity ($M) | ▲ | $28 | +3.35 | $25 |
| Tang. Book Value ($M) | ▲ | $28 | +3.35 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 103.34% | +6.08 | 97.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.09% | +0.58 | 0.51% |
| Allowance / Loans (%) | — | 0.88% | -0.02% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 1.23% | +0.62 | 0.61% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.75% | +13.75 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▃▃▁▁▄▇█ | Net Interest Margin (%) | 3.93% | 3.85% | 3.85% | 3.77% | 3.78% | 3.90% | 4.00% | 4.04% |
| ▂▁▂▃▁▂▄█ | Return on Assets (%) | 1.34% | 1.28% | 1.32% | 1.41% | 1.26% | 1.33% | 1.46% | 1.69% |
| ███▅▇▆▄▁ | Efficiency Ratio (%) | 56.4% | 57.4% | 56.3% | 52.8% | 55.7% | 54.3% | 52.2% | 47.3% |
| ▄██▄█▆▃▁ | Cost of Funds (%) | 2.60% | 2.83% | 2.79% | 2.57% | 2.79% | 2.68% | 2.53% | 2.42% |
| ▄▄▃▁████ | NPA / Assets (%) | 0.80% | 0.76% | 0.68% | 0.51% | 1.07% | 1.08% | 1.12% | 1.09% |
| ▄▄▃▁████ | Net Charge-Off Ratio (%) | 0.92% | 0.87% | 0.78% | 0.61% | 1.24% | 1.25% | 1.25% | 1.23% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $23 | $24 | $24 | $25 | $26 | $27 | $27 | $28 |
| ▁▃▄▅▆▆▇█ | Gross Loans ($M) | $168 | $180 | $186 | $192 | $197 | $200 | $207 | $213 |
| ▁▂▄▇▇▇▇█ | Total Deposits ($M) | $163 | $173 | $182 | $196 | $196 | $196 | $196 | $205 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 24% |