Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.24 | 1.50% |
| Return on Equity (%) | ▲ | 14.79% | +2.33 | 12.46% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.50 | 3.29% |
| Efficiency Ratio (%) | ▲ | 43.79% | -8.03 | 51.82% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.76 | $2 |
| Cost of Funds (%) | ▲ | 2.15% | -0.13 | 2.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $452 | +44.41 | $408 |
| Gross Loans ($M) | ▲ | $382 | +43.08 | $339 |
| Loan Growth YoY (%) | ▲ | 105.63% | +4.08 | 101.55% |
| Total Deposits ($M) | ▲ | $357 | +28.39 | $329 |
| Shareholders Equity ($M) | ▲ | $54 | +4.53 | $49 |
| Tang. Book Value ($M) | ▲ | $54 | +4.53 | $49 |
| Loan / Deposit Ratio (%) | ▲ | 105.63% | +4.08 | 101.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.60% | -0.84 | 1.44% |
| Allowance / Loans (%) | — | 1.26% | -0.25% | 1.51% |
| Net Charge-Off Ratio (%) | ▲ | 0.71% | -1.02 | 1.73% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▃▅▅█ | Net Interest Margin (%) | 3.37% | 3.34% | 3.34% | 3.29% | 3.42% | 3.55% | 3.60% | 3.79% |
| ▁▂▂▆▄▅▅█ | Return on Assets (%) | 1.02% | 1.14% | 1.18% | 1.50% | 1.35% | 1.46% | 1.43% | 1.74% |
| █▇▇▄▄▃▃▁ | Efficiency Ratio (%) | 61.4% | 58.1% | 57.2% | 51.8% | 52.2% | 49.7% | 49.4% | 43.8% |
| ▄██▅▆▅▄▁ | Cost of Funds (%) | 2.26% | 2.37% | 2.38% | 2.28% | 2.30% | 2.28% | 2.26% | 2.15% |
| ▇█▇█▅▂▄▁ | NPA / Assets (%) | 1.31% | 1.36% | 1.27% | 1.44% | 1.04% | 0.71% | 1.00% | 0.60% |
| ▇▇▇█▅▂▄▁ | Net Charge-Off Ratio (%) | 1.51% | 1.60% | 1.52% | 1.73% | 1.24% | 0.85% | 1.20% | 0.71% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $45 | $47 | $47 | $49 | $49 | $52 | $52 | $54 |
| ▁▁▂▃▅▆▇█ | Gross Loans ($M) | $315 | $314 | $327 | $339 | $351 | $358 | $368 | $382 |
| ▁▁▂▄▅▅▇█ | Total Deposits ($M) | $307 | $311 | $319 | $329 | $334 | $335 | $345 | $357 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 22% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 13% |