Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.59% | +0.31 | 1.28% |
| Return on Equity (%) | ▲ | 13.20% | +1.34 | 11.86% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.33 | 3.85% |
| Efficiency Ratio (%) | ▲ | 50.42% | -5.46 | 55.88% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.70 | $3 |
| Cost of Funds (%) | ▲ | 1.05% | -0.17 | 1.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $648 | +21.44 | $626 |
| Gross Loans ($M) | ▲ | $440 | +15.77 | $424 |
| Loan Growth YoY (%) | ▲ | 80.43% | +1.30 | 79.14% |
| Total Deposits ($M) | ▲ | $540 | +10.06 | $530 |
| Shareholders Equity ($M) | ▲ | $78 | +8.93 | $69 |
| Tang. Book Value ($M) | ▲ | $77 | +9.07 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +7.91 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 80.43% | +1.30 | 79.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.01 | 0.06% |
| Allowance / Loans (%) | — | 1.39% | 0.14% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.01 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▃▁▄▇██ | Net Interest Margin (%) | 3.90% | 3.88% | 3.94% | 3.85% | 4.01% | 4.12% | 4.20% | 4.18% |
| ▃▃▄▁▃▅▇█ | Return on Assets (%) | 1.39% | 1.38% | 1.41% | 1.28% | 1.39% | 1.47% | 1.54% | 1.59% |
| ▆▆▆█▆▄▃▁ | Efficiency Ratio (%) | 53.9% | 54.2% | 54.0% | 55.9% | 54.3% | 53.0% | 51.9% | 50.4% |
| ▃▆█▇▇▂▁▁ | Cost of Funds (%) | 1.12% | 1.17% | 1.25% | 1.22% | 1.20% | 1.08% | 1.07% | 1.05% |
| █▇▁▁▄▁▁▁ | NPA / Assets (%) | 0.18% | 0.16% | 0.06% | 0.06% | 0.11% | 0.06% | 0.06% | 0.07% |
| ██▁▁▄▁▁▂ | Net Charge-Off Ratio (%) | 0.26% | 0.24% | 0.08% | 0.09% | 0.15% | 0.09% | 0.09% | 0.11% |
| ▁▃▁▃▅▇▇█ | Tang. Book Value ($M) | $62 | $67 | $64 | $68 | $70 | $74 | $74 | $77 |
| ▁▂▅▆▇███ | Gross Loans ($M) | $396 | $406 | $420 | $424 | $434 | $440 | $440 | $440 |
| ▁▆▅▆▃▃▆█ | Total Deposits ($M) | $508 | $530 | $524 | $530 | $517 | $518 | $530 | $540 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 8% |
| Agricultural | 3% |
| Consumer | 8% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |