Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.38% | +0.28 | 2.10% |
| Return on Equity (%) | ▲ | 16.84% | +0.63 | 16.21% |
| Net Interest Margin (%) | ▲ | 4.73% | +0.52 | 4.22% |
| Efficiency Ratio (%) | ▲ | 39.58% | -1.19 | 40.77% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.53% | -0.27 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $188 | -2.43 | $190 |
| Gross Loans ($M) | ▲ | $123 | +0.99 | $122 |
| Loan Growth YoY (%) | ▲ | 77.86% | +0.04 | 77.81% |
| Total Deposits ($M) | ▲ | $157 | +1.31 | $155 |
| Shareholders Equity ($M) | ▲ | $28 | +2.14 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +2.14 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +1.68 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 77.86% | +0.04 | 77.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.45 | 0.45% |
| Allowance / Loans (%) | — | 0.95% | -0.09% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.70 | 0.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.75% | +1.07 | 14.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▆█ | Net Interest Margin (%) | 4.07% | 4.04% | 4.01% | 4.22% | 4.40% | 4.54% | 4.50% | 4.73% |
| ▁▁▁▄▅▅▄█ | Return on Assets (%) | 1.98% | 1.95% | 1.93% | 2.10% | 2.19% | 2.19% | 2.10% | 2.38% |
| ▆██▃▃▆█▁ | Efficiency Ratio (%) | 42.5% | 43.5% | 43.7% | 40.8% | 41.1% | 42.8% | 44.0% | 39.6% |
| ▄█▅▃▂▂▁▁ | Cost of Funds (%) | 1.87% | 2.29% | 1.99% | 1.80% | 1.63% | 1.67% | 1.53% | 1.53% |
| ▁▁▃▃█▃▃▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.41% | 0.45% | 1.50% | 0.46% | 0.42% | 0.00% |
| ▁▁▃▃█▃▃▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.62% | 0.70% | 2.28% | 0.70% | 0.60% | 0.00% |
| ▁▃▂▄▆▇▆█ | Tang. Book Value ($M) | $24 | $25 | $25 | $26 | $27 | $27 | $27 | $28 |
| ▅▅▆▁▂▁█▁ | Gross Loans ($M) | $134 | $134 | $138 | $122 | $125 | $122 | $143 | $123 |
| ▄▁▂█▆▃▅█ | Total Deposits ($M) | $150 | $144 | $146 | $155 | $153 | $148 | $152 | $157 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 1% |
| Agricultural | 20% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 6% |