Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.47% | -0.04 | 1.51% |
| Return on Equity (%) | ▼ | 18.74% | -1.81 | 20.55% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.04 | 4.10% |
| Efficiency Ratio (%) | ▼ | 52.60% | +1.05 | 51.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▼ | 1.78% | +0.07 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $222 | +15.65 | $207 |
| Gross Loans ($M) | ▲ | $167 | +22.55 | $145 |
| Loan Growth YoY (%) | ▲ | 85.22% | +8.37 | 76.86% |
| Total Deposits ($M) | ▲ | $193 | +7.25 | $186 |
| Shareholders Equity ($M) | ▲ | $18 | +1.83 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.83 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.82 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 85.22% | +8.37 | 76.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.81% | +1.68 | 0.13% |
| Allowance / Loans (%) | — | 1.64% | 0.32% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 2.41% | +2.37 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅█▇▁▅██▂ | Net Interest Margin (%) | 4.21% | 4.27% | 4.24% | 4.10% | 4.20% | 4.29% | 4.27% | 4.13% |
| █▄▅▂▆█▁▁ | Return on Assets (%) | 1.70% | 1.59% | 1.62% | 1.51% | 1.63% | 1.72% | 1.47% | 1.47% |
| ▃▁▁▇▃▁▁█ | Efficiency Ratio (%) | 48.8% | 47.6% | 47.3% | 51.6% | 49.0% | 47.6% | 47.1% | 52.6% |
| ▁▂▃▇▃▆██ | Cost of Funds (%) | 1.44% | 1.52% | 1.53% | 1.71% | 1.56% | 1.65% | 1.78% | 1.78% |
| ▂▂▂▁▁▁██ | NPA / Assets (%) | 0.33% | 0.29% | 0.25% | 0.13% | 0.17% | 0.02% | 1.73% | 1.81% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.13% | 0.08% | 0.03% | 0.04% | 0.03% | 0.02% | 2.36% | 2.41% |
| ▁▅▁▃▇██▇ | Tang. Book Value ($M) | $14 | $16 | $15 | $16 | $17 | $18 | $18 | $18 |
| ▁▁▂▂▆███ | Gross Loans ($M) | $137 | $140 | $144 | $145 | $162 | $167 | $170 | $167 |
| ▁▁▅▄▃▅█▇ | Total Deposits ($M) | $176 | $174 | $187 | $186 | $182 | $189 | $199 | $193 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 17% |