Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.07 | 0.95% |
| Return on Equity (%) | ▲ | 9.42% | +0.85 | 8.57% |
| Net Interest Margin (%) | ▼ | 3.25% | -0.28 | 3.53% |
| Efficiency Ratio (%) | ▼ | 67.22% | +2.46 | 64.76% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.08 | $1 |
| Cost of Funds (%) | ▲ | 2.22% | -0.19 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $329 | +10.71 | $318 |
| Gross Loans ($M) | ▲ | $185 | +6.27 | $178 |
| Loan Growth YoY (%) | ▼ | 62.19% | -0.29 | 62.48% |
| Total Deposits ($M) | ▲ | $292 | +10.50 | $281 |
| Shareholders Equity ($M) | ▲ | $36 | +0.35 | $35 |
| Tang. Book Value ($M) | ▲ | $35 | +0.46 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +0.24 | $40 |
| Loan / Deposit Ratio (%) | ▼ | 62.19% | -0.29 | 62.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.91% | +0.64 | 0.27% |
| Allowance / Loans (%) | — | 1.83% | 0.24% | 1.59% |
| Net Charge-Off Ratio (%) | ▼ | 1.62% | +1.14 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▄▅████▁ | Net Interest Margin (%) | 3.52% | 3.39% | 3.41% | 3.53% | 3.53% | 3.55% | 3.56% | 3.25% |
| ▃▁▃▃▇▇█▅ | Return on Assets (%) | 0.94% | 0.82% | 0.95% | 0.95% | 1.14% | 1.10% | 1.18% | 1.02% |
| ▃▆▇▆▁▁▁█ | Efficiency Ratio (%) | 62.3% | 65.4% | 65.5% | 64.8% | 60.5% | 60.7% | 60.0% | 67.2% |
| ▄█▄▂▃▄▁▁ | Cost of Funds (%) | 2.57% | 3.12% | 2.56% | 2.41% | 2.44% | 2.61% | 2.25% | 2.22% |
| █▂▁▂▅▅▅▇ | NPA / Assets (%) | 1.09% | 0.34% | 0.12% | 0.27% | 0.62% | 0.63% | 0.68% | 0.91% |
| █▂▁▂▄▄▅▇ | Net Charge-Off Ratio (%) | 1.93% | 0.61% | 0.21% | 0.48% | 1.02% | 1.04% | 1.18% | 1.62% |
| ▁▅▂▁▅█▆▃ | Tang. Book Value ($M) | $34 | $36 | $34 | $34 | $35 | $37 | $36 | $35 |
| ▁▁▁▂██▇▄ | Gross Loans ($M) | $178 | $177 | $175 | $178 | $200 | $198 | $196 | $185 |
| ▁▁▃▄▂▅█▆ | Total Deposits ($M) | $270 | $269 | $280 | $281 | $275 | $286 | $300 | $292 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 14% |
| Agricultural | 16% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 16% |