Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.72% | -0.25 | 0.97% |
| Return on Equity (%) | ▼ | 6.29% | -3.09 | 9.38% |
| Net Interest Margin (%) | ▲ | 4.18% | +0.19 | 3.98% |
| Efficiency Ratio (%) | ▼ | 68.48% | +0.09 | 68.39% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▲ | 1.34% | -0.10 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $202 | +6.37 | $196 |
| Gross Loans ($M) | ▲ | $109 | +0.03 | $109 |
| Loan Growth YoY (%) | ▼ | 61.54% | -2.92 | 64.46% |
| Total Deposits ($M) | ▲ | $175 | +7.50 | $168 |
| Shareholders Equity ($M) | ▲ | $23 | +1.93 | $21 |
| Tang. Book Value ($M) | ▲ | $23 | +1.93 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.41 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 61.54% | -2.92 | 64.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.12 | 0.30% |
| Allowance / Loans (%) | — | 1.14% | 0.29% | 0.85% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.26 | 0.53% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇███ | Net Interest Margin (%) | 3.57% | 3.61% | 3.67% | 3.98% | 4.09% | 4.17% | 4.22% | 4.18% |
| ▁▂▄▇██▆▃ | Return on Assets (%) | 0.59% | 0.65% | 0.77% | 0.97% | 1.00% | 1.04% | 0.93% | 0.72% |
| █▇▄▃▂▁▁▃ | Efficiency Ratio (%) | 73.2% | 72.2% | 69.3% | 68.4% | 67.1% | 66.2% | 65.8% | 68.5% |
| ▅▄█▄▃▂▁▁ | Cost of Funds (%) | 1.46% | 1.42% | 1.54% | 1.44% | 1.40% | 1.38% | 1.35% | 1.34% |
| ██▇▇▄▄▁▁ | NPA / Assets (%) | 0.34% | 0.33% | 0.30% | 0.30% | 0.24% | 0.24% | 0.16% | 0.18% |
| ██▇▇▃▄▁▁ | Net Charge-Off Ratio (%) | 0.61% | 0.58% | 0.53% | 0.53% | 0.37% | 0.44% | 0.29% | 0.27% |
| ▁▄▂▅▅███ | Tang. Book Value ($M) | $19 | $21 | $20 | $21 | $21 | $23 | $23 | $23 |
| ▁▆▆▆▃▄█▆ | Gross Loans ($M) | $105 | $110 | $110 | $109 | $107 | $108 | $112 | $109 |
| ▁▄▃▅▃▅▅█ | Total Deposits ($M) | $156 | $164 | $163 | $168 | $163 | $166 | $166 | $175 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Agricultural | 1% |
| Consumer | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 12% |