Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.46% | +0.26 | 1.20% |
| Return on Equity (%) | ▲ | 8.61% | +1.13 | 7.48% |
| Net Interest Margin (%) | ▲ | 3.86% | +0.45 | 3.41% |
| Efficiency Ratio (%) | ▲ | 50.79% | -3.79 | 54.58% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 1.33% | -0.10 | 1.44% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $353 | +6.45 | $347 |
| Gross Loans ($M) | ▲ | $226 | +1.02 | $225 |
| Loan Growth YoY (%) | ▼ | 77.09% | -0.52 | 77.61% |
| Total Deposits ($M) | ▲ | $289 | +3.04 | $286 |
| Shareholders Equity ($M) | ▲ | $60 | +3.38 | $57 |
| Tang. Book Value ($M) | ▲ | $59 | +3.38 | $56 |
| TBV excl. AOCI ($M)** | ▲ | $64 | +3.69 | $60 |
| Loan / Deposit Ratio (%) | ▼ | 77.09% | -0.52 | 77.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.08 | 0.29% |
| Allowance / Loans (%) | — | 1.45% | 0.07% | 1.38% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.14 | 0.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.05% | +0.18 | 24.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▆█ | Net Interest Margin (%) | 3.06% | 3.10% | 3.16% | 3.41% | 3.45% | 3.51% | 3.59% | 3.86% |
| ▁▁▁▅▅▆▅█ | Return on Assets (%) | 0.95% | 0.97% | 0.97% | 1.20% | 1.23% | 1.27% | 1.25% | 1.46% |
| ███▃▃▃▄▁ | Efficiency Ratio (%) | 61.4% | 60.7% | 61.4% | 54.6% | 54.2% | 53.8% | 55.5% | 50.8% |
| ▅▇█▄▄▅▅▁ | Cost of Funds (%) | 1.48% | 1.54% | 1.59% | 1.44% | 1.44% | 1.46% | 1.47% | 1.33% |
| ▁▄▂▄▆▇▇█ | NPA / Assets (%) | 0.20% | 0.27% | 0.23% | 0.29% | 0.32% | 0.35% | 0.34% | 0.37% |
| ▁▃▂▅▆▇▆█ | Net Charge-Off Ratio (%) | 0.30% | 0.40% | 0.34% | 0.44% | 0.49% | 0.54% | 0.51% | 0.58% |
| ▁▄▁▄▄█▇█ | Tang. Book Value ($M) | $54 | $56 | $54 | $56 | $56 | $59 | $58 | $59 |
| ▅▆█▁▁▃▆▁ | Gross Loans ($M) | $231 | $232 | $235 | $225 | $226 | $228 | $232 | $226 |
| ▁▄▇▇▆▇▅█ | Total Deposits ($M) | $276 | $282 | $287 | $286 | $286 | $287 | $283 | $289 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 69% |
| C&I / Commercial | 12% |
| Agricultural | 12% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |