Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.03 | 1.18% |
| Return on Equity (%) | ▲ | 14.97% | +0.80 | 14.17% |
| Net Interest Margin (%) | ▲ | 4.69% | +0.27 | 4.42% |
| Efficiency Ratio (%) | ▲ | 69.76% | -2.85 | 72.60% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $1 |
| Cost of Funds (%) | ▲ | 1.19% | -0.17 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $287 | +35.09 | $252 |
| Gross Loans ($M) | ▲ | $186 | +8.37 | $178 |
| Loan Growth YoY (%) | ▼ | 72.28% | -7.94 | 80.22% |
| Total Deposits ($M) | ▲ | $253 | +34.42 | $218 |
| Shareholders Equity ($M) | ▲ | $23 | +0.61 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +0.61 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +0.99 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 72.28% | -7.94 | 80.22% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.42% | +1.24 | 2.18% |
| Allowance / Loans (%) | — | 1.86% | 0.38% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 5.25% | +2.17 | 3.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.36% | -0.92 | 14.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▆▆▅█ | Net Interest Margin (%) | 3.96% | 4.02% | 4.17% | 4.42% | 4.43% | 4.45% | 4.41% | 4.69% |
| ▂▂▅█▄▆▁█ | Return on Assets (%) | 0.82% | 0.84% | 1.01% | 1.18% | 0.98% | 1.05% | 0.76% | 1.21% |
| ██▅▃▄▄▄▁ | Efficiency Ratio (%) | 78.7% | 78.3% | 75.0% | 72.6% | 73.9% | 73.9% | 73.4% | 69.8% |
| ▆█▂▃▄▆▂▁ | Cost of Funds (%) | 1.55% | 1.69% | 1.31% | 1.36% | 1.39% | 1.52% | 1.28% | 1.19% |
| ▁▄▂▃▂▄█▆ | NPA / Assets (%) | 1.41% | 2.53% | 1.95% | 2.18% | 2.10% | 2.72% | 4.28% | 3.42% |
| ▁▄▂▂▂▄█▇ | Net Charge-Off Ratio (%) | 2.09% | 3.82% | 2.86% | 3.08% | 2.89% | 3.76% | 6.11% | 5.25% |
| ▁▅▁▄▆█▅▅ | Tang. Book Value ($M) | $20 | $23 | $20 | $22 | $23 | $24 | $22 | $23 |
| ▂▁▂▃█▇█▇ | Gross Loans ($M) | $176 | $172 | $177 | $178 | $189 | $187 | $191 | $186 |
| ▁▁▄▂▁▁▆█ | Total Deposits ($M) | $215 | $213 | $228 | $218 | $211 | $216 | $238 | $253 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 8% |
| Agricultural | 23% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 6% |