Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.25% | +0.71 | 0.54% |
| Return on Equity (%) | ▲ | 15.94% | +7.11 | 8.83% |
| Net Interest Margin (%) | ▲ | 3.27% | +0.79 | 2.48% |
| Efficiency Ratio (%) | ▲ | 61.59% | -17.35 | 78.93% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.45 | $1 |
| Cost of Funds (%) | ▲ | 1.99% | -0.41 | 2.39% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $758 | +11.03 | $747 |
| Gross Loans ($M) | ▲ | $512 | +52.06 | $460 |
| Loan Growth YoY (%) | ▲ | 79.49% | +6.40 | 73.08% |
| Total Deposits ($M) | ▲ | $638 | +15.72 | $622 |
| Shareholders Equity ($M) | ▲ | $60 | +12.20 | $48 |
| Tang. Book Value ($M) | ▲ | $60 | +12.20 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $71 | +10.53 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 79.49% | +6.40 | 73.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.18% | -0.22 | 0.40% |
| Allowance / Loans (%) | — | 0.86% | -0.15% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.38 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.03% | +0.24 | 13.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▅▆█ | Net Interest Margin (%) | 2.09% | 2.12% | 2.18% | 2.48% | 2.69% | 2.81% | 2.91% | 3.27% |
| ▁▁▂▂▄▅▇█ | Return on Assets (%) | 0.36% | 0.39% | 0.48% | 0.54% | 0.76% | 0.87% | 1.06% | 1.25% |
| ██▇█▅▄▂▁ | Efficiency Ratio (%) | 80.3% | 80.9% | 78.0% | 78.9% | 73.1% | 69.9% | 66.3% | 61.6% |
| ██▇▅▃▃▁▁ | Cost of Funds (%) | 2.72% | 2.75% | 2.58% | 2.39% | 2.21% | 2.19% | 2.06% | 1.99% |
| ▇▆▅███▃▁ | NPA / Assets (%) | 0.37% | 0.36% | 0.33% | 0.40% | 0.42% | 0.42% | 0.24% | 0.18% |
| █▇▆███▃▁ | Net Charge-Off Ratio (%) | 0.61% | 0.59% | 0.55% | 0.66% | 0.66% | 0.65% | 0.38% | 0.27% |
| ▁▄▂▃▃▆██ | Tang. Book Value ($M) | $42 | $50 | $46 | $48 | $47 | $55 | $59 | $60 |
| ▄▃▂▁▃▄▅█ | Gross Loans ($M) | $480 | $479 | $469 | $460 | $473 | $486 | $492 | $512 |
| ▇██▃▂▁▅▆ | Total Deposits ($M) | $643 | $650 | $655 | $622 | $617 | $609 | $636 | $638 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 20% |
| Agricultural | 17% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |