Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.53 | 0.89% |
| Return on Equity (%) | ▲ | 16.11% | +5.87 | 10.24% |
| Net Interest Margin (%) | ▲ | 3.73% | +0.15 | 3.58% |
| Efficiency Ratio (%) | ▲ | 59.23% | -15.23 | 74.46% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $0 |
| Cost of Funds (%) | ▲ | 1.89% | -0.02 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $206 | +39.28 | $167 |
| Gross Loans ($M) | ▲ | $135 | +22.07 | $113 |
| Loan Growth YoY (%) | ▼ | 71.19% | -4.27 | 75.46% |
| Total Deposits ($M) | ▲ | $188 | +39.34 | $148 |
| Shareholders Equity ($M) | ▲ | $17 | +2.65 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.65 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.99 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 71.19% | -4.27 | 75.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.14% | -0.29 | 0.43% |
| Allowance / Loans (%) | — | 1.38% | 0.08% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.21% | -0.42 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.74% | -1.10 | 13.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▇██▇ | Net Interest Margin (%) | 3.34% | 3.42% | 3.50% | 3.58% | 3.77% | 3.82% | 3.84% | 3.73% |
| ▁▁▂▁▇███ | Return on Assets (%) | 0.84% | 0.90% | 0.91% | 0.89% | 1.28% | 1.37% | 1.40% | 1.42% |
| ▇▆▆█▄▃▃▁ | Efficiency Ratio (%) | 71.6% | 70.3% | 69.7% | 74.5% | 66.4% | 64.1% | 63.4% | 59.2% |
| ▇█▇▁▃▅▅▁ | Cost of Funds (%) | 2.16% | 2.20% | 2.14% | 1.91% | 1.98% | 2.08% | 2.06% | 1.89% |
| ▁██▅▃▅▁▁ | NPA / Assets (%) | 0.15% | 0.67% | 0.65% | 0.43% | 0.33% | 0.45% | 0.15% | 0.14% |
| ▁██▅▃▅▁▁ | Net Charge-Off Ratio (%) | 0.21% | 0.94% | 0.94% | 0.63% | 0.45% | 0.60% | 0.21% | 0.21% |
| ▁▂▁▃▃▆██ | Tang. Book Value ($M) | $13 | $14 | $14 | $15 | $15 | $16 | $17 | $17 |
| ▁▂▁▁▆██▇ | Gross Loans ($M) | $110 | $114 | $113 | $113 | $130 | $140 | $139 | $135 |
| ▁▁▂▃▃▅▅█ | Total Deposits ($M) | $135 | $141 | $143 | $148 | $151 | $165 | $166 | $188 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 54% |
| C&I / Commercial | 16% |
| Agricultural | 27% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 18% |