Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.11% | +0.13 | 1.97% |
| Return on Equity (%) | ▼ | 21.18% | -1.29 | 22.47% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.48 | 3.21% |
| Efficiency Ratio (%) | ▲ | 42.73% | -2.79 | 45.52% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.41 | $2 |
| Cost of Funds (%) | ▲ | 1.36% | -0.26 | 1.62% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $432 | +13.16 | $419 |
| Gross Loans ($M) | ▲ | $199 | +8.92 | $191 |
| Loan Growth YoY (%) | ▲ | 50.78% | +1.62 | 49.15% |
| Total Deposits ($M) | ▲ | $385 | +5.44 | $379 |
| Shareholders Equity ($M) | ▲ | $42 | +4.70 | $38 |
| Tang. Book Value ($M) | ▲ | $42 | +4.70 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $53 | +5.49 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 50.78% | +1.62 | 49.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.01 | 0.10% |
| Allowance / Loans (%) | — | 2.00% | -0.09% | 2.09% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.03 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.64% | -1.13 | 18.76% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▆█ | Net Interest Margin (%) | 2.93% | 2.96% | 3.00% | 3.21% | 3.33% | 3.43% | 3.50% | 3.69% |
| ▁▁▁▆▆▇▆█ | Return on Assets (%) | 1.59% | 1.61% | 1.58% | 1.97% | 1.94% | 2.03% | 1.94% | 2.11% |
| █▇█▃▅▄▅▁ | Efficiency Ratio (%) | 52.5% | 51.8% | 53.3% | 45.5% | 48.2% | 47.2% | 48.5% | 42.7% |
| ██▆▄▄▃▂▁ | Cost of Funds (%) | 1.95% | 2.01% | 1.85% | 1.62% | 1.62% | 1.57% | 1.51% | 1.36% |
| ▁▁██▁▁▁▇ | NPA / Assets (%) | 0.01% | 0.01% | 0.11% | 0.10% | 0.01% | 0.01% | 0.00% | 0.09% |
| ▁▁██▁▁▁▇ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.22% | 0.23% | 0.01% | 0.01% | 0.01% | 0.20% |
| ▁▄▁▃▅▇██ | Tang. Book Value ($M) | $34 | $39 | $35 | $38 | $39 | $42 | $43 | $42 |
| ▁▇█▁▃▆▇█ | Gross Loans ($M) | $191 | $199 | $200 | $191 | $194 | $197 | $198 | $199 |
| ▂▁▆▇▅▆▇█ | Total Deposits ($M) | $354 | $349 | $373 | $379 | $369 | $375 | $380 | $385 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 3% |
| Agricultural | 12% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 14% |