Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.58% | +0.20 | 1.38% |
| Return on Equity (%) | ▼ | 19.50% | -1.24 | 20.74% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.12 | 3.55% |
| Efficiency Ratio (%) | ▲ | 54.14% | -7.78 | 61.91% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.36 | $1 |
| Cost of Funds (%) | ▲ | 1.20% | -0.08 | 1.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $361 | +10.92 | $350 |
| Gross Loans ($M) | ▲ | $254 | +12.74 | $241 |
| Loan Growth YoY (%) | ▲ | 77.79% | +3.61 | 74.18% |
| Total Deposits ($M) | ▲ | $324 | +1.62 | $322 |
| Shareholders Equity ($M) | ▲ | $30 | +6.15 | $24 |
| Tang. Book Value ($M) | ▲ | $30 | +6.15 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +6.16 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 77.79% | +3.61 | 74.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.36% | -0.06 | 0.42% |
| Allowance / Loans (%) | — | 0.67% | -0.10% | 0.78% |
| Net Charge-Off Ratio (%) | ▲ | 0.33% | -0.09 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▅█ | Net Interest Margin (%) | 3.49% | 3.48% | 3.49% | 3.55% | 3.56% | 3.60% | 3.60% | 3.67% |
| ▁▁▁▆▆▆▆█ | Return on Assets (%) | 0.94% | 0.96% | 0.98% | 1.38% | 1.36% | 1.41% | 1.37% | 1.58% |
| █████▆▇▁ | Efficiency Ratio (%) | 62.5% | 61.8% | 61.7% | 61.9% | 62.6% | 60.3% | 61.1% | 54.1% |
| ▂▅█▄▁▂▃▁ | Cost of Funds (%) | 1.24% | 1.29% | 1.39% | 1.28% | 1.19% | 1.23% | 1.26% | 1.20% |
| ▄▃▃▄█▁▁▁ | NPA / Assets (%) | 0.42% | 0.40% | 0.40% | 0.42% | 0.49% | 0.37% | 0.36% | 0.36% |
| ▃▂▂▄█▁▁▁ | Net Charge-Off Ratio (%) | 0.40% | 0.36% | 0.36% | 0.42% | 0.53% | 0.35% | 0.33% | 0.33% |
| ▁▄▁▃▂▆▇█ | Tang. Book Value ($M) | $22 | $25 | $23 | $24 | $23 | $27 | $29 | $30 |
| ▄▆▄▁▁▃▇█ | Gross Loans ($M) | $245 | $249 | $245 | $241 | $240 | $244 | $252 | $254 |
| ▁▄▂▅█▄▂▅ | Total Deposits ($M) | $313 | $320 | $317 | $322 | $331 | $321 | $317 | $324 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 9% |
| Agricultural | 14% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 13% |