Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.56% | +0.31 | 1.24% |
| Return on Equity (%) | ▲ | 8.20% | +1.31 | 6.89% |
| Net Interest Margin (%) | ▲ | 3.68% | +0.25 | 3.43% |
| Efficiency Ratio (%) | ▲ | 45.75% | -9.61 | 55.36% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.23 | $1 |
| Cost of Funds (%) | ▲ | 1.13% | -0.12 | 1.26% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $183 | +5.40 | $178 |
| Gross Loans ($M) | ▼ | $110 | -0.53 | $111 |
| Loan Growth YoY (%) | ▼ | 73.68% | -1.77 | 75.46% |
| Total Deposits ($M) | ▲ | $148 | +2.79 | $145 |
| Shareholders Equity ($M) | ▲ | $34 | +2.39 | $32 |
| Tang. Book Value ($M) | ▲ | $34 | +2.39 | $32 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +2.31 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 73.68% | -1.77 | 75.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.18 | 0.01% |
| Allowance / Loans (%) | — | 1.28% | -0.01% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 0.30% | +0.29 | 0.01% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▄▅▅█ | Net Interest Margin (%) | 3.18% | 3.16% | 3.18% | 3.43% | 3.38% | 3.42% | 3.45% | 3.68% |
| ▁▁▁▄▄▅▄█ | Return on Assets (%) | 0.96% | 0.96% | 0.97% | 1.24% | 1.23% | 1.29% | 1.23% | 1.56% |
| ███▅▅▅▆▁ | Efficiency Ratio (%) | 60.9% | 62.0% | 62.8% | 55.4% | 55.6% | 54.8% | 57.8% | 45.8% |
| ▃█▇▄▆▇▄▁ | Cost of Funds (%) | 1.21% | 1.40% | 1.34% | 1.26% | 1.33% | 1.36% | 1.25% | 1.13% |
| ▁▁▁▁▁▁█▇ | NPA / Assets (%) | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0.24% | 0.18% |
| ▁▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% | 0.40% | 0.30% |
| ▁▃▂▃▃▇██ | Tang. Book Value ($M) | $31 | $32 | $32 | $32 | $32 | $34 | $35 | $34 |
| ▁▃▄█▆█▇█ | Gross Loans ($M) | $100 | $102 | $105 | $111 | $107 | $109 | $108 | $110 |
| ▂▂▃▅▄▁▆█ | Total Deposits ($M) | $143 | $143 | $143 | $145 | $144 | $142 | $146 | $148 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 14% |
| Agricultural | 25% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 1% |