Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.23% | -0.01 | 1.24% |
| Return on Equity (%) | ▼ | 11.49% | -2.87 | 14.36% |
| Net Interest Margin (%) | ▼ | 4.38% | -0.00 | 4.38% |
| Efficiency Ratio (%) | ▲ | 57.98% | -1.68 | 59.66% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.06 | $6 |
| Cost of Funds (%) | ▲ | 2.01% | -0.10 | 2.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,619 | +224.63 | $1,394 |
| Gross Loans ($M) | ▲ | $1,320 | +215.40 | $1,105 |
| Loan Growth YoY (%) | ▼ | 106.59% | -0.88 | 107.47% |
| Total Deposits ($M) | ▲ | $1,225 | +207.60 | $1,018 |
| Shareholders Equity ($M) | ▲ | $172 | +49.23 | $122 |
| Tang. Book Value ($M) | ▲ | $161 | +49.64 | $111 |
| TBV excl. AOCI ($M)** | ▲ | $169 | +49.02 | $120 |
| Loan / Deposit Ratio (%) | ▼ | 106.59% | -0.88 | 107.47% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.93% | +0.20 | 0.73% |
| Allowance / Loans (%) | — | 1.06% | 0.07% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 1.10% | +0.18 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆██▅ | Net Interest Margin (%) | 4.19% | 4.18% | 4.23% | 4.38% | 4.46% | 4.51% | 4.55% | 4.38% |
| ▁▁▃▇███▇ | Return on Assets (%) | 0.91% | 0.96% | 1.03% | 1.24% | 1.32% | 1.33% | 1.33% | 1.23% |
| ██▇▂▁▁▁▁ | Efficiency Ratio (%) | 67.8% | 67.2% | 65.7% | 59.7% | 58.2% | 58.2% | 58.2% | 58.0% |
| ▁█▆▄▄▃▄▁ | Cost of Funds (%) | 1.99% | 2.24% | 2.16% | 2.11% | 2.10% | 2.07% | 2.09% | 2.01% |
| ▂▁▁▆█▇▅█ | NPA / Assets (%) | 0.41% | 0.35% | 0.28% | 0.73% | 0.85% | 0.80% | 0.65% | 0.93% |
| ▂▂▁▇█▇▅█ | Net Charge-Off Ratio (%) | 0.51% | 0.45% | 0.35% | 0.92% | 1.07% | 0.99% | 0.80% | 1.10% |
| ▁▂▂▃▇███ | Tang. Book Value ($M) | $94 | $105 | $105 | $111 | $147 | $154 | $157 | $161 |
| ▁▂▃▄▄▆▇█ | Gross Loans ($M) | $959 | $1,005 | $1,069 | $1,105 | $1,127 | $1,197 | $1,253 | $1,320 |
| ▁▁▂▃▄▅▇█ | Total Deposits ($M) | $904 | $916 | $981 | $1,018 | $1,057 | $1,086 | $1,158 | $1,225 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 6% |
| Agricultural | 18% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |