Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.18% | +0.30 | 0.87% |
| Return on Equity (%) | ▲ | 10.19% | +1.67 | 8.52% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.28 | 3.52% |
| Efficiency Ratio (%) | ▲ | 67.09% | -4.84 | 71.93% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 0.87% | -0.16 | 1.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $165 | +4.93 | $160 |
| Gross Loans ($M) | ▼ | $72 | -0.80 | $73 |
| Loan Growth YoY (%) | ▼ | 50.39% | -1.52 | 51.92% |
| Total Deposits ($M) | ▲ | $141 | +2.32 | $138 |
| Shareholders Equity ($M) | ▲ | $20 | +2.31 | $17 |
| Tang. Book Value ($M) | ▲ | $20 | +2.31 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.11 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 50.39% | -1.52 | 51.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.40% | -0.14 | 0.53% |
| Allowance / Loans (%) | — | 2.14% | 0.21% | 1.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.90% | -0.26 | 1.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 3.36% | 3.35% | 3.39% | 3.52% | 3.61% | 3.62% | 3.63% | 3.80% |
| ▁▁▂▂▄▄▅█ | Return on Assets (%) | 0.81% | 0.80% | 0.89% | 0.87% | 0.97% | 0.96% | 1.01% | 1.18% |
| ██▆▇▅▅▃▁ | Efficiency Ratio (%) | 72.4% | 72.7% | 70.8% | 71.9% | 70.0% | 70.3% | 69.1% | 67.1% |
| ███▅▂▂▁▁ | Cost of Funds (%) | 1.12% | 1.14% | 1.12% | 1.02% | 0.92% | 0.90% | 0.87% | 0.87% |
| ▁▁▃▆▇██▃ | NPA / Assets (%) | 0.24% | 0.22% | 0.35% | 0.53% | 0.62% | 0.70% | 0.64% | 0.40% |
| ▁▁▃▆▇██▄ | Net Charge-Off Ratio (%) | 0.47% | 0.52% | 0.78% | 1.16% | 1.33% | 1.55% | 1.50% | 0.90% |
| ▁▅▂▄▄▇██ | Tang. Book Value ($M) | $15 | $17 | $16 | $17 | $17 | $19 | $19 | $20 |
| ▂▁▆▅█▆▅▃ | Gross Loans ($M) | $72 | $71 | $74 | $73 | $75 | $74 | $73 | $72 |
| ▁▅█▁▂▃█▃ | Total Deposits ($M) | $139 | $144 | $147 | $138 | $140 | $141 | $147 | $141 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 55% |
| C&I / Commercial | 11% |
| Agricultural | 29% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 1% |