Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.45% | -0.13 | 1.58% |
| Return on Equity (%) | ▼ | 15.58% | -0.88 | 16.46% |
| Net Interest Margin (%) | ▼ | 3.59% | -0.25 | 3.84% |
| Efficiency Ratio (%) | ▼ | 50.34% | +1.20 | 49.14% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.57% | -0.10 | 1.67% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $225 | +19.52 | $206 |
| Gross Loans ($M) | ▲ | $136 | +0.87 | $135 |
| Loan Growth YoY (%) | ▼ | 66.06% | -5.99 | 72.04% |
| Total Deposits ($M) | ▲ | $203 | +17.99 | $185 |
| Shareholders Equity ($M) | ▲ | $21 | +1.37 | $20 |
| Tang. Book Value ($M) | ▲ | $21 | +1.37 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.01 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 66.06% | -5.99 | 72.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.03 | 0.06% |
| Allowance / Loans (%) | — | 1.21% | 0.02% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.04 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.59% | +0.80 | 14.78% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆██▄▆██▁ | Net Interest Margin (%) | 3.91% | 4.10% | 4.08% | 3.84% | 3.93% | 4.03% | 4.03% | 3.59% |
| ▃▆▄▄███▁ | Return on Assets (%) | 1.54% | 1.63% | 1.58% | 1.58% | 1.69% | 1.72% | 1.70% | 1.45% |
| █▆▇▅▁▁▁▇ | Efficiency Ratio (%) | 51.0% | 49.4% | 50.4% | 49.1% | 46.5% | 46.4% | 46.6% | 50.3% |
| ▁██▇██▅▄ | Cost of Funds (%) | 1.44% | 1.69% | 1.71% | 1.67% | 1.68% | 1.71% | 1.60% | 1.57% |
| ▁▃▁▁█▁▁▁ | NPA / Assets (%) | 0.02% | 0.18% | 0.03% | 0.06% | 0.50% | 0.05% | 0.03% | 0.03% |
| ▁▃▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.04% | 0.24% | 0.05% | 0.09% | 0.78% | 0.07% | 0.05% | 0.05% |
| █▁▁▂▂▁▂▃ | Tang. Book Value ($M) | $28 | $18 | $19 | $20 | $21 | $20 | $20 | $21 |
| ▁▂▅▂▃▅█▂ | Gross Loans ($M) | $133 | $135 | $140 | $135 | $137 | $140 | $146 | $136 |
| ▃▁▂▅▆▄▅█ | Total Deposits ($M) | $175 | $163 | $172 | $185 | $191 | $181 | $187 | $203 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 6% |
| Agricultural | 50% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 23% |