Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.10 | 1.32% |
| Return on Equity (%) | ▲ | 13.55% | +0.96 | 12.59% |
| Net Interest Margin (%) | ▼ | 4.42% | -0.16 | 4.58% |
| Efficiency Ratio (%) | ▲ | 64.69% | -0.50 | 65.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 0.88% | -0.10 | 0.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $224 | +16.14 | $208 |
| Gross Loans ($M) | ▼ | $141 | -10.44 | $152 |
| Loan Growth YoY (%) | ▼ | 69.92% | -13.46 | 83.38% |
| Total Deposits ($M) | ▲ | $200 | +19.48 | $180 |
| Shareholders Equity ($M) | ▲ | $24 | +1.85 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +1.85 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +2.30 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 69.92% | -13.46 | 83.38% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.70% | +0.29 | 0.41% |
| Allowance / Loans (%) | — | 1.11% | 0.21% | 0.90% |
| Net Charge-Off Ratio (%) | ▼ | 0.97% | +0.54 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.50% | +0.97 | 16.52% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▆██▆▇▆▁ | Net Interest Margin (%) | 4.51% | 4.52% | 4.58% | 4.58% | 4.53% | 4.54% | 4.52% | 4.42% |
| ▆▅▃▄▃▂▁█ | Return on Assets (%) | 1.36% | 1.34% | 1.30% | 1.32% | 1.29% | 1.27% | 1.24% | 1.42% |
| ▁▅▁█▄▄▂▅ | Efficiency Ratio (%) | 64.0% | 64.6% | 64.2% | 65.2% | 64.6% | 64.6% | 64.2% | 64.7% |
| ▁▅▅▅██▅▁ | Cost of Funds (%) | 0.86% | 0.98% | 0.98% | 0.98% | 1.08% | 1.08% | 0.97% | 0.88% |
| ▁▁▂▄▅▇█▇ | NPA / Assets (%) | 0.07% | 0.02% | 0.17% | 0.41% | 0.46% | 0.66% | 0.82% | 0.70% |
| ▁▁▂▃▄▆█▇ | Net Charge-Off Ratio (%) | 0.09% | 0.03% | 0.22% | 0.43% | 0.49% | 0.81% | 1.16% | 0.97% |
| ▁▄▁▄▆█▇█ | Tang. Book Value ($M) | $21 | $22 | $21 | $22 | $23 | $24 | $23 | $24 |
| ▆██▇▆▆▂▁ | Gross Loans ($M) | $149 | $153 | $153 | $152 | $150 | $149 | $143 | $141 |
| ▁▂▃▄▃▆██ | Total Deposits ($M) | $165 | $173 | $176 | $180 | $179 | $191 | $204 | $200 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 4% |