Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.39% | -0.02 | 1.40% |
| Return on Equity (%) | ▲ | 12.95% | +0.44 | 12.51% |
| Net Interest Margin (%) | ▲ | 4.66% | +0.37 | 4.29% |
| Efficiency Ratio (%) | ▲ | 64.00% | -2.60 | 66.61% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.43 | $1 |
| Cost of Funds (%) | ▲ | 2.08% | -0.08 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $413 | +49.55 | $363 |
| Gross Loans ($M) | ▲ | $318 | +47.55 | $271 |
| Loan Growth YoY (%) | ▲ | 86.77% | +2.32 | 84.46% |
| Total Deposits ($M) | ▲ | $364 | +45.92 | $318 |
| Shareholders Equity ($M) | ▲ | $44 | +3.24 | $41 |
| Tang. Book Value ($M) | ▲ | $43 | +3.36 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $45 | +3.40 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 86.77% | +2.32 | 84.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.02% | -0.46 | 1.48% |
| Allowance / Loans (%) | — | 0.95% | -0.04% | 0.99% |
| Net Charge-Off Ratio (%) | ▲ | 1.29% | -0.47 | 1.76% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -15.17 | 15.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▆█ | Net Interest Margin (%) | 3.99% | 4.04% | 4.03% | 4.29% | 4.26% | 4.35% | 4.43% | 4.66% |
| █▇▅▆▆▇▁▄ | Return on Assets (%) | 1.43% | 1.41% | 1.39% | 1.40% | 1.41% | 1.41% | 1.35% | 1.39% |
| ▂▄▁█▆▅▄▁ | Efficiency Ratio (%) | 64.6% | 65.1% | 64.3% | 66.6% | 66.0% | 65.5% | 65.2% | 64.0% |
| ▅█▆▂▄▆▁▁ | Cost of Funds (%) | 2.35% | 2.53% | 2.41% | 2.16% | 2.27% | 2.38% | 2.12% | 2.08% |
| ▄▇█▇▁▁▂▂ | NPA / Assets (%) | 1.18% | 1.45% | 1.58% | 1.48% | 0.96% | 0.94% | 1.07% | 1.02% |
| ▅███▁▁▃▃ | Net Charge-Off Ratio (%) | 1.52% | 1.82% | 1.81% | 1.76% | 1.10% | 1.04% | 1.33% | 1.29% |
| ▁▃▁▄▅▇▇█ | Tang. Book Value ($M) | $37 | $38 | $37 | $39 | $40 | $42 | $42 | $43 |
| ▁▁▁▂▃▅▇█ | Gross Loans ($M) | $259 | $262 | $257 | $271 | $278 | $295 | $309 | $318 |
| ▁▁▁▄▆▅▆█ | Total Deposits ($M) | $289 | $282 | $284 | $318 | $339 | $332 | $341 | $364 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 8% |
| Agricultural | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 23% |