Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.01 | 0.94% |
| Return on Equity (%) | ▼ | 9.80% | -0.16 | 9.96% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.16 | 4.27% |
| Efficiency Ratio (%) | ▲ | 70.73% | -0.93 | 71.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 0.85% | -0.13 | 0.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $208 | +4.57 | $203 |
| Gross Loans ($M) | ▲ | $134 | +10.04 | $124 |
| Loan Growth YoY (%) | ▲ | 70.67% | +3.51 | 67.16% |
| Total Deposits ($M) | ▲ | $187 | +4.93 | $182 |
| Shareholders Equity ($M) | ▲ | $20 | +0.22 | $20 |
| Tang. Book Value ($M) | ▲ | $19 | +0.26 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +0.27 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 70.67% | +3.51 | 67.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.16% | +0.36 | 0.80% |
| Allowance / Loans (%) | — | 1.19% | 0.04% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 1.67% | +0.60 | 1.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▅▆▇█ | Net Interest Margin (%) | 3.92% | 3.94% | 3.99% | 4.27% | 4.17% | 4.28% | 4.33% | 4.42% |
| █▇▇███▁█ | Return on Assets (%) | 0.84% | 0.76% | 0.79% | 0.94% | 0.87% | 0.89% | 0.02% | 0.95% |
| ▇██▂▆▆▃▁ | Efficiency Ratio (%) | 73.7% | 74.6% | 74.4% | 71.7% | 73.6% | 73.4% | 72.1% | 70.7% |
| ▅█▆▄▄▂▁▁ | Cost of Funds (%) | 0.99% | 1.16% | 1.06% | 0.98% | 0.98% | 0.86% | 0.81% | 0.85% |
| ▁▁▂▁██▃▂ | NPA / Assets (%) | 0.98% | 0.95% | 1.06% | 0.80% | 2.82% | 2.57% | 1.37% | 1.16% |
| ▂▁▂▁█▇▃▂ | Net Charge-Off Ratio (%) | 1.48% | 1.47% | 1.58% | 1.06% | 4.34% | 3.94% | 2.06% | 1.67% |
| ▁▂▁▆▇█▇▇ | Tang. Book Value ($M) | $14 | $16 | $14 | $18 | $19 | $20 | $19 | $19 |
| ▁▁▂▅▅▆██ | Gross Loans ($M) | $112 | $112 | $117 | $124 | $123 | $127 | $131 | $134 |
| ▁▁▂▆▆▆██ | Total Deposits ($M) | $162 | $161 | $166 | $182 | $180 | $180 | $189 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 11% |