Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.44% | +0.02 | 0.42% |
| Return on Equity (%) | ▼ | 7.39% | -2.34 | 9.73% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.14 | 3.55% |
| Efficiency Ratio (%) | ▼ | 86.91% | +0.33 | 86.58% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 0.72% | -0.03 | 0.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $256 | -0.21 | $256 |
| Gross Loans ($M) | ▲ | $140 | +0.32 | $139 |
| Loan Growth YoY (%) | ▲ | 57.15% | +0.98 | 56.18% |
| Total Deposits ($M) | ▼ | $241 | -3.83 | $245 |
| Shareholders Equity ($M) | ▲ | $15 | +3.61 | $11 |
| Tang. Book Value ($M) | ▲ | $15 | +3.61 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +3.34 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 57.15% | +0.98 | 56.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.50% | +0.21 | 0.29% |
| Allowance / Loans (%) | — | 1.53% | 0.08% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 0.92% | +0.39 | 0.54% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆████ | Net Interest Margin (%) | 3.13% | 3.24% | 3.29% | 3.55% | 3.63% | 3.66% | 3.69% | 3.69% |
| ▁▃▄▇███▇ | Return on Assets (%) | -1.15% | -0.62% | -0.24% | 0.42% | 0.63% | 0.68% | 0.68% | 0.44% |
| █▇▄▇▁▁▁▇ | Efficiency Ratio (%) | 88.7% | 87.2% | 83.8% | 86.6% | 81.2% | 80.1% | 80.3% | 86.9% |
| ███▂▂█▃▁ | Cost of Funds (%) | 0.89% | 0.88% | 0.87% | 0.75% | 0.76% | 0.88% | 0.76% | 0.72% |
| ▂▅▁▁█▅▄▅ | NPA / Assets (%) | 0.35% | 0.48% | 0.32% | 0.29% | 0.65% | 0.51% | 0.43% | 0.50% |
| ▂▅▁▁█▅▄▅ | Net Charge-Off Ratio (%) | 0.64% | 0.89% | 0.49% | 0.54% | 1.19% | 0.90% | 0.77% | 0.92% |
| ▁▆▁▂▁▆██ | Tang. Book Value ($M) | $11 | $14 | $11 | $11 | $10 | $14 | $16 | $15 |
| ▁▂▃▃██▆▃ | Gross Loans ($M) | $136 | $138 | $139 | $139 | $146 | $147 | $143 | $140 |
| ▁▁▂▅█▅▄▄ | Total Deposits ($M) | $232 | $234 | $236 | $245 | $254 | $244 | $243 | $241 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Agricultural | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 1% |