Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.09% | -0.06 | 1.16% |
| Return on Equity (%) | ▼ | 10.68% | -0.97 | 11.65% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.45 | 3.17% |
| Efficiency Ratio (%) | ▼ | 68.22% | +5.21 | 63.02% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.00 | $0 |
| Cost of Funds (%) | ▲ | 1.77% | -0.25 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $145 | +6.18 | $138 |
| Gross Loans ($M) | ▲ | $99 | +6.14 | $93 |
| Loan Growth YoY (%) | ▼ | 77.93% | -0.17 | 78.10% |
| Total Deposits ($M) | ▲ | $126 | +7.97 | $118 |
| Shareholders Equity ($M) | ▲ | $15 | +0.83 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +0.83 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.79 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 77.93% | -0.17 | 78.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.07% | 0.07% | 1.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.50% | -0.36 | 14.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 3.12% | 3.11% | 3.10% | 3.17% | 3.27% | 3.34% | 3.40% | 3.62% |
| ▁▁▁█▅▃▄▆ | Return on Assets (%) | 0.95% | 0.97% | 0.96% | 1.16% | 1.06% | 1.02% | 1.05% | 1.09% |
| ███▁▄▆▅█ | Efficiency Ratio (%) | 68.9% | 68.4% | 68.3% | 63.0% | 65.7% | 67.0% | 66.5% | 68.2% |
| ▇██▇█▆▄▁ | Cost of Funds (%) | 2.00% | 2.06% | 2.03% | 2.02% | 2.05% | 1.98% | 1.90% | 1.77% |
| ▁█▁▁▂▁▁▁ | NPA / Assets (%) | 0.00% | 0.10% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.00% |
| ▁█▁▁▂▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.15% | 0.00% | 0.00% | 0.02% | 0.01% | 0.00% | 0.00% |
| ▁▄▃▄▆███ | Tang. Book Value ($M) | $13 | $14 | $14 | $14 | $14 | $15 | $15 | $15 |
| ▁▁▄▅▆▇██ | Gross Loans ($M) | $85 | $87 | $92 | $93 | $95 | $97 | $100 | $99 |
| ▁▂▅▅▄▆██ | Total Deposits ($M) | $108 | $112 | $118 | $118 | $116 | $120 | $126 | $126 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 32% |
| Agricultural | 6% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 9% |