Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.16% | +0.06 | 1.10% |
| Return on Equity (%) | ▼ | 13.46% | -0.56 | 14.02% |
| Net Interest Margin (%) | ▲ | 3.70% | +0.49 | 3.22% |
| Efficiency Ratio (%) | ▲ | 58.58% | -8.84 | 67.42% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.43 | $2 |
| Cost of Funds (%) | ▲ | 2.23% | -0.18 | 2.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $947 | +82.32 | $865 |
| Gross Loans ($M) | ▲ | $738 | +60.53 | $677 |
| Loan Growth YoY (%) | ▲ | 87.65% | +1.07 | 86.58% |
| Total Deposits ($M) | ▲ | $833 | +59.11 | $774 |
| Shareholders Equity ($M) | ▲ | $81 | +13.60 | $67 |
| Tang. Book Value ($M) | ▲ | $81 | +13.60 | $67 |
| TBV excl. AOCI ($M)** | ▲ | $88 | +14.30 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 87.65% | +1.07 | 86.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.55% | +0.20 | 0.35% |
| Allowance / Loans (%) | — | 1.06% | -0.03% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.14 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.57% | +0.71 | 13.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 2.91% | 2.93% | 2.97% | 3.22% | 3.36% | 3.44% | 3.51% | 3.70% |
| ▁▁▂▅▇██▅ | Return on Assets (%) | 0.81% | 0.83% | 0.88% | 1.10% | 1.25% | 1.31% | 1.37% | 1.16% |
| ███▅▃▃▂▁ | Efficiency Ratio (%) | 75.1% | 74.5% | 73.2% | 67.4% | 64.4% | 63.3% | 62.2% | 58.6% |
| ▇██▄▄▄▃▁ | Cost of Funds (%) | 2.52% | 2.57% | 2.61% | 2.41% | 2.38% | 2.39% | 2.35% | 2.23% |
| ▁▁▂▄▄▅▄█ | NPA / Assets (%) | 0.21% | 0.18% | 0.25% | 0.35% | 0.35% | 0.41% | 0.36% | 0.55% |
| ▁▁▂▅▅▇▃█ | Net Charge-Off Ratio (%) | 0.27% | 0.23% | 0.30% | 0.43% | 0.44% | 0.51% | 0.33% | 0.58% |
| ▁▃▂▂▄▆██ | Tang. Book Value ($M) | $64 | $69 | $66 | $67 | $70 | $76 | $81 | $81 |
| ▁▂▃▄▆▇██ | Gross Loans ($M) | $632 | $645 | $661 | $677 | $699 | $718 | $736 | $738 |
| ▁▁▂▄▅▆▇█ | Total Deposits ($M) | $730 | $741 | $747 | $774 | $784 | $806 | $818 | $833 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |