Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.76% | -0.16 | 0.92% |
| Return on Equity (%) | ▼ | 7.27% | -2.24 | 9.51% |
| Net Interest Margin (%) | ▲ | 3.02% | +0.05 | 2.96% |
| Efficiency Ratio (%) | ▼ | 75.17% | +4.09 | 71.08% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.02 | $0 |
| Cost of Funds (%) | ▼ | 1.66% | +0.03 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $108 | +1.73 | $106 |
| Gross Loans ($M) | ▼ | $47 | -1.09 | $48 |
| Loan Growth YoY (%) | ▼ | 49.13% | -1.72 | 50.84% |
| Total Deposits ($M) | ▲ | $95 | +1.09 | $94 |
| Shareholders Equity ($M) | ▲ | $11 | +0.64 | $10 |
| Tang. Book Value ($M) | ▲ | $11 | +0.64 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +0.90 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 49.13% | -1.72 | 50.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.02% | -0.02 | 0.04% |
| Allowance / Loans (%) | — | 1.35% | 0.02% | 1.34% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.05 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇▇███ | Net Interest Margin (%) | 2.47% | 2.57% | 2.65% | 2.96% | 2.93% | 3.02% | 3.05% | 3.02% |
| ▁▂▂▇▆█▇▄ | Return on Assets (%) | 0.60% | 0.70% | 0.68% | 0.92% | 0.89% | 1.00% | 0.94% | 0.76% |
| █▆▇▃▂▁▃▆ | Efficiency Ratio (%) | 78.2% | 74.7% | 76.0% | 71.1% | 70.4% | 67.8% | 70.5% | 75.2% |
| █▅▄▁▁▆▆▂ | Cost of Funds (%) | 1.80% | 1.72% | 1.71% | 1.62% | 1.62% | 1.74% | 1.74% | 1.66% |
| ███▂▂▂▂▁ | NPA / Assets (%) | 0.13% | 0.12% | 0.12% | 0.04% | 0.04% | 0.04% | 0.03% | 0.02% |
| ███▂▂▂▁▁ | Net Charge-Off Ratio (%) | 0.28% | 0.28% | 0.26% | 0.10% | 0.09% | 0.09% | 0.08% | 0.05% |
| ▁▄▂▃▅▇█▆ | Tang. Book Value ($M) | $9 | $10 | $10 | $10 | $11 | $11 | $11 | $11 |
| ▃▁▄▇▇█▇▄ | Gross Loans ($M) | $47 | $46 | $47 | $48 | $49 | $49 | $49 | $47 |
| ▆▄▁▆█▇▅▇ | Total Deposits ($M) | $93 | $91 | $86 | $94 | $97 | $95 | $93 | $95 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 11% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 6% |