Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.44% | +0.16 | 1.29% |
| Return on Equity (%) | ▲ | 13.67% | +1.12 | 12.55% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.31 | 3.81% |
| Efficiency Ratio (%) | ▲ | 60.24% | -0.93 | 61.16% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.46 | $3 |
| Cost of Funds (%) | ▲ | 1.11% | -0.11 | 1.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $809 | +48.62 | $760 |
| Gross Loans ($M) | ▲ | $552 | +45.48 | $506 |
| Loan Growth YoY (%) | ▲ | 75.81% | +1.85 | 73.97% |
| Total Deposits ($M) | ▲ | $717 | +42.73 | $674 |
| Shareholders Equity ($M) | ▲ | $85 | +6.26 | $79 |
| Tang. Book Value ($M) | ▲ | $82 | +6.34 | $76 |
| TBV excl. AOCI ($M)** | ▲ | $92 | +6.84 | $85 |
| Loan / Deposit Ratio (%) | ▲ | 75.81% | +1.85 | 73.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.00 | 0.07% |
| Allowance / Loans (%) | — | 1.51% | -0.01% | 1.52% |
| Net Charge-Off Ratio (%) | — | 0.10% | 0.00 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.83% | +0.22 | 15.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇██ | Net Interest Margin (%) | 3.54% | 3.58% | 3.64% | 3.81% | 3.91% | 3.99% | 4.05% | 4.13% |
| ▁▁▁▃▅███ | Return on Assets (%) | 1.19% | 1.21% | 1.22% | 1.29% | 1.35% | 1.43% | 1.46% | 1.44% |
| ██▇▆▄▂▁▅ | Efficiency Ratio (%) | 62.7% | 62.0% | 62.0% | 61.2% | 59.6% | 57.8% | 57.0% | 60.2% |
| ██▆▄▂▂▁▁ | Cost of Funds (%) | 1.32% | 1.35% | 1.28% | 1.22% | 1.15% | 1.16% | 1.10% | 1.11% |
| ▄█▁▁▅▁▁▁ | NPA / Assets (%) | 0.12% | 0.20% | 0.07% | 0.07% | 0.14% | 0.07% | 0.07% | 0.07% |
| ▄█▁▁▅▁▁▁ | Net Charge-Off Ratio (%) | 0.17% | 0.29% | 0.11% | 0.10% | 0.20% | 0.10% | 0.11% | 0.10% |
| ▁▁▁▃▄▆██ | Tang. Book Value ($M) | $73 | $74 | $74 | $76 | $78 | $80 | $81 | $82 |
| ▁▁▃▃▅▆██ | Gross Loans ($M) | $491 | $496 | $508 | $506 | $524 | $533 | $551 | $552 |
| ▁▁▄▃▄▄▇█ | Total Deposits ($M) | $656 | $656 | $682 | $674 | $684 | $686 | $708 | $717 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 8% |