Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.55% | -0.25 | 1.80% |
| Return on Equity (%) | ▼ | 12.62% | -2.91 | 15.53% |
| Net Interest Margin (%) | ▼ | 4.57% | -0.06 | 4.63% |
| Efficiency Ratio (%) | ▼ | 54.47% | +2.76 | 51.71% |
| Pre-Provision Profit ($M) | ▲ | $6 | +0.11 | $6 |
| Cost of Funds (%) | ▲ | 1.39% | -0.14 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,215 | +101.66 | $1,113 |
| Gross Loans ($M) | ▲ | $761 | +30.69 | $730 |
| Loan Growth YoY (%) | ▼ | 71.69% | -2.95 | 74.64% |
| Total Deposits ($M) | ▲ | $1,050 | +81.31 | $969 |
| Shareholders Equity ($M) | ▲ | $150 | +19.36 | $131 |
| Tang. Book Value ($M) | ▲ | $147 | +19.37 | $128 |
| TBV excl. AOCI ($M)** | ▲ | $162 | +22.19 | $139 |
| Loan / Deposit Ratio (%) | ▼ | 71.69% | -2.95 | 74.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.73% | +0.60 | 1.13% |
| Allowance / Loans (%) | — | 1.03% | 0.10% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 2.75% | +1.08 | 1.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇▇██▆ | Net Interest Margin (%) | 4.10% | 4.14% | 4.21% | 4.63% | 4.66% | 4.74% | 4.72% | 4.57% |
| ▁▂▂██▆█▂ | Return on Assets (%) | 1.50% | 1.57% | 1.55% | 1.80% | 1.78% | 1.71% | 1.77% | 1.55% |
| ▃▄▄▂▁▂▂█ | Efficiency Ratio (%) | 52.4% | 52.8% | 52.8% | 51.7% | 51.3% | 51.9% | 51.9% | 54.5% |
| ▇██▄▂▂▁▁ | Cost of Funds (%) | 1.66% | 1.72% | 1.71% | 1.53% | 1.44% | 1.46% | 1.43% | 1.39% |
| ▁▁▁▂▁▂▆█ | NPA / Assets (%) | 1.02% | 1.02% | 1.05% | 1.13% | 1.10% | 1.20% | 1.55% | 1.73% |
| ▁▁▁▁▁▂▆█ | Net Charge-Off Ratio (%) | 1.58% | 1.53% | 1.57% | 1.67% | 1.66% | 1.80% | 2.44% | 2.75% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $114 | $123 | $122 | $128 | $133 | $140 | $143 | $147 |
| ▁▁▃▅▆▆▇█ | Gross Loans ($M) | $693 | $700 | $712 | $730 | $737 | $740 | $750 | $761 |
| ▁▁▂▂▅▄██ | Total Deposits ($M) | $945 | $950 | $962 | $969 | $1,001 | $990 | $1,048 | $1,050 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 14% |
| Agricultural | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 12% |