Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.10 | 1.16% |
| Return on Equity (%) | ▲ | 15.60% | +0.30 | 15.30% |
| Net Interest Margin (%) | ▲ | 3.97% | +0.30 | 3.67% |
| Efficiency Ratio (%) | ▲ | 61.55% | -0.29 | 61.84% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▼ | 0.77% | +0.06 | 0.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $139 | +1.76 | $137 |
| Gross Loans ($M) | ▲ | $73 | +4.25 | $69 |
| Loan Growth YoY (%) | ▲ | 56.65% | +2.79 | 53.86% |
| Total Deposits ($M) | ▲ | $127 | +1.14 | $126 |
| Shareholders Equity ($M) | ▲ | $11 | +0.66 | $11 |
| Tang. Book Value ($M) | ▲ | $11 | +0.66 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +0.63 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 56.65% | +2.79 | 53.86% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.41% | -0.21 | 0.62% |
| Allowance / Loans (%) | — | 1.60% | 0.04% | 1.56% |
| Net Charge-Off Ratio (%) | ▲ | 0.78% | -0.45 | 1.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 19.87% | -0.43 | 20.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 3.50% | 3.52% | 3.56% | 3.67% | 3.78% | 3.81% | 3.87% | 3.97% |
| ▁▂▁▃█▇▄▅ | Return on Assets (%) | 1.00% | 1.06% | 1.01% | 1.16% | 1.50% | 1.41% | 1.20% | 1.26% |
| ▇▆█▅▁▂▅▅ | Efficiency Ratio (%) | 64.1% | 63.1% | 65.2% | 61.8% | 56.6% | 57.9% | 61.4% | 61.6% |
| ▁▂▃▁▄██▆ | Cost of Funds (%) | 0.71% | 0.72% | 0.74% | 0.71% | 0.75% | 0.81% | 0.80% | 0.77% |
| ▂▂▄▅█▂▁▁ | NPA / Assets (%) | 0.48% | 0.46% | 0.56% | 0.62% | 0.76% | 0.45% | 0.44% | 0.41% |
| ▃▂▅▆█▁▁▁ | Net Charge-Off Ratio (%) | 0.94% | 0.89% | 1.09% | 1.23% | 1.39% | 0.83% | 0.84% | 0.78% |
| ▂▁▁▃█▆▆▇ | Tang. Book Value ($M) | $10 | $10 | $10 | $11 | $12 | $11 | $11 | $11 |
| ▂▂▁▁██▇█ | Gross Loans ($M) | $69 | $70 | $69 | $69 | $73 | $73 | $72 | $73 |
| ▅▇▅▇▁▂▅█ | Total Deposits ($M) | $125 | $126 | $124 | $126 | $121 | $123 | $125 | $127 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 6% |
| Agricultural | 3% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 70% |