Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.91% | -0.36 | 1.26% |
| Return on Equity (%) | ▼ | 7.56% | -3.44 | 11.00% |
| Net Interest Margin (%) | ▼ | 3.39% | -0.07 | 3.46% |
| Efficiency Ratio (%) | ▼ | 69.63% | +9.17 | 60.45% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.20 | $1 |
| Cost of Funds (%) | ▲ | 1.21% | -0.08 | 1.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $197 | +6.49 | $191 |
| Gross Loans ($M) | ▲ | $80 | +0.91 | $79 |
| Loan Growth YoY (%) | ▼ | 47.49% | -0.99 | 48.48% |
| Total Deposits ($M) | ▲ | $167 | +5.26 | $162 |
| Shareholders Equity ($M) | ▲ | $24 | +1.41 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +1.41 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +1.18 | $26 |
| Loan / Deposit Ratio (%) | ▼ | 47.49% | -0.99 | 48.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.04% |
| Allowance / Loans (%) | — | 0.99% | -0.01% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.10 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 29.37% | +2.56 | 26.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▄▇███▆ | Net Interest Margin (%) | 3.02% | 3.16% | 3.24% | 3.46% | 3.47% | 3.50% | 3.53% | 3.39% |
| ▁▃▅██▇▇▃ | Return on Assets (%) | 0.76% | 0.93% | 1.01% | 1.26% | 1.20% | 1.18% | 1.15% | 0.91% |
| █▄▂▁▁▂▁█ | Efficiency Ratio (%) | 69.8% | 65.0% | 62.6% | 60.5% | 61.1% | 61.6% | 61.0% | 69.6% |
| █▆▄▂▃▃▃▁ | Cost of Funds (%) | 1.58% | 1.47% | 1.36% | 1.29% | 1.32% | 1.34% | 1.33% | 1.21% |
| ▄▁▁██▄▄▁ | NPA / Assets (%) | 0.02% | 0.01% | 0.01% | 0.04% | 0.04% | 0.02% | 0.02% | 0.00% |
| ▄▁▁█▇▄▄▁ | Net Charge-Off Ratio (%) | 0.05% | 0.02% | 0.01% | 0.10% | 0.09% | 0.05% | 0.04% | 0.00% |
| ▁▃▃▅▆█▇█ | Tang. Book Value ($M) | $20 | $21 | $21 | $22 | $23 | $23 | $23 | $24 |
| ▁▃▄▄▅▇█▅ | Gross Loans ($M) | $74 | $78 | $79 | $79 | $81 | $84 | $86 | $80 |
| █▁▁▃▃▆▄█ | Total Deposits ($M) | $167 | $160 | $159 | $162 | $162 | $165 | $163 | $167 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 5% |
| Agricultural | 5% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 9% |