Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.31% | -0.25 | 1.55% |
| Return on Equity (%) | ▼ | 12.19% | -2.38 | 14.57% |
| Net Interest Margin (%) | ▲ | 4.50% | +0.15 | 4.36% |
| Efficiency Ratio (%) | ▼ | 63.80% | +4.90 | 58.90% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.05 | $0 |
| Cost of Funds (%) | ▼ | 0.72% | +0.03 | 0.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $111 | -0.50 | $111 |
| Gross Loans ($M) | ▲ | $61 | +8.55 | $53 |
| Loan Growth YoY (%) | ▲ | 61.90% | +8.99 | 52.91% |
| Total Deposits ($M) | ▼ | $98 | -0.52 | $99 |
| Shareholders Equity ($M) | ▼ | $12 | -0.09 | $12 |
| Tang. Book Value ($M) | ▲ | $11 | +0.14 | $11 |
| TBV excl. AOCI ($M)** | ▼ | $13 | -0.09 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 61.90% | +8.99 | 52.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.85% | +0.22 | 0.64% |
| Allowance / Loans (%) | — | 0.97% | -0.16% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 1.54% | +0.20 | 1.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -21.66 | 21.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇██▁▂▄▄▇ | Net Interest Margin (%) | 4.50% | 4.53% | 4.51% | 4.36% | 4.38% | 4.43% | 4.43% | 4.50% |
| ██▇▄▃▁▁▁ | Return on Assets (%) | 1.80% | 1.82% | 1.74% | 1.55% | 1.45% | 1.36% | 1.35% | 1.31% |
| ▁▁▂▆▆▇▇█ | Efficiency Ratio (%) | 50.0% | 50.3% | 53.1% | 58.9% | 60.1% | 61.9% | 61.7% | 63.8% |
| ▂▃▁▂▇█▆▆ | Cost of Funds (%) | 0.69% | 0.69% | 0.67% | 0.68% | 0.73% | 0.74% | 0.71% | 0.72% |
| ▁▁▂▃▅▅▇█ | NPA / Assets (%) | 0.56% | 0.55% | 0.60% | 0.64% | 0.71% | 0.71% | 0.79% | 0.85% |
| ▁▂▃▅▆▆██ | Net Charge-Off Ratio (%) | 1.05% | 1.14% | 1.21% | 1.34% | 1.43% | 1.40% | 1.56% | 1.54% |
| ▁█▂▄▄▅█▆ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $11 | $11 | $11 | $11 |
| ▁▁▄▁▁▂▅█ | Gross Loans ($M) | $52 | $53 | $56 | $53 | $53 | $55 | $58 | $61 |
| ▅▃█▆▁▂█▅ | Total Deposits ($M) | $98 | $97 | $101 | $99 | $94 | $96 | $101 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 16% |
| Agricultural | 14% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 2% |