Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.10 | 1.38% |
| Return on Equity (%) | ▲ | 14.52% | +0.78 | 13.74% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.06 | 4.01% |
| Efficiency Ratio (%) | ▲ | 60.12% | -2.39 | 62.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.11% | -0.16 | 1.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $276 | +23.17 | $253 |
| Gross Loans ($M) | ▲ | $168 | +9.87 | $158 |
| Loan Growth YoY (%) | ▼ | 68.44% | -2.11 | 70.55% |
| Total Deposits ($M) | ▲ | $242 | +21.24 | $221 |
| Shareholders Equity ($M) | ▲ | $28 | +1.65 | $27 |
| Tang. Book Value ($M) | ▲ | $28 | +1.66 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +1.62 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 68.44% | -2.11 | 70.55% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.12 | 0.13% |
| Allowance / Loans (%) | — | 1.30% | -0.08% | 1.37% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.19 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▇▇███ | Net Interest Margin (%) | 3.81% | 3.80% | 3.83% | 4.01% | 4.01% | 4.04% | 4.05% | 4.07% |
| ▁▁▁▅▅▄▁█ | Return on Assets (%) | 1.27% | 1.25% | 1.26% | 1.38% | 1.37% | 1.36% | 1.25% | 1.48% |
| ▆▇▆▃▄▅█▁ | Efficiency Ratio (%) | 64.9% | 65.5% | 65.2% | 62.5% | 62.9% | 63.6% | 66.9% | 60.1% |
| ██▆▇▅▄▁▁ | Cost of Funds (%) | 1.29% | 1.30% | 1.24% | 1.27% | 1.21% | 1.19% | 1.11% | 1.11% |
| ██▄█▄▁▁▁ | NPA / Assets (%) | 0.11% | 0.12% | 0.06% | 0.13% | 0.06% | 0.02% | 0.00% | 0.01% |
| ██▅█▄▁▁▁ | Net Charge-Off Ratio (%) | 0.18% | 0.20% | 0.11% | 0.20% | 0.09% | 0.03% | 0.01% | 0.01% |
| ▃▇▁▃▄█▆▆ | Tang. Book Value ($M) | $27 | $29 | $25 | $26 | $27 | $29 | $28 | $28 |
| ▁▁▄▃▄▅▆█ | Gross Loans ($M) | $155 | $154 | $159 | $158 | $161 | $162 | $164 | $168 |
| ▁▂▇▂▃▅██ | Total Deposits ($M) | $213 | $220 | $238 | $221 | $224 | $230 | $246 | $242 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 8% |
| Agricultural | 1% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 6% |