Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.38% | -0.08 | 1.46% |
| Return on Equity (%) | ▼ | 11.93% | -3.65 | 15.58% |
| Net Interest Margin (%) | ▲ | 2.87% | +0.27 | 2.60% |
| Efficiency Ratio (%) | ▲ | 52.46% | -5.79 | 58.25% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.24% | -0.00 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $201 | +3.71 | $197 |
| Gross Loans ($M) | ▲ | $81 | +15.63 | $65 |
| Loan Growth YoY (%) | ▲ | 45.70% | +8.03 | 37.67% |
| Total Deposits ($M) | ▲ | $175 | +3.72 | $172 |
| Shareholders Equity ($M) | ▲ | $23 | +4.33 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.33 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +3.81 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 45.70% | +8.03 | 37.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.04 | 0.04% |
| Allowance / Loans (%) | — | 1.17% | -0.04% | 1.20% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.12 | 0.12% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▆█ | Net Interest Margin (%) | 2.42% | 2.40% | 2.41% | 2.60% | 2.61% | 2.68% | 2.71% | 2.87% |
| ▁▁▁█▄▄▄▇ | Return on Assets (%) | 0.92% | 0.91% | 0.88% | 1.46% | 1.12% | 1.16% | 1.14% | 1.38% |
| ▇▇█▄▆▅▅▁ | Efficiency Ratio (%) | 62.9% | 62.8% | 64.5% | 58.2% | 60.4% | 58.5% | 59.3% | 52.5% |
| ▂█▄▁▃▅▄▁ | Cost of Funds (%) | 1.28% | 1.39% | 1.30% | 1.25% | 1.29% | 1.32% | 1.30% | 1.24% |
| ██▇▄▄▂▆▁ | NPA / Assets (%) | 0.08% | 0.08% | 0.07% | 0.04% | 0.04% | 0.02% | 0.05% | 0.00% |
| ██▇▄▄▂▅▁ | Net Charge-Off Ratio (%) | 0.25% | 0.24% | 0.20% | 0.12% | 0.11% | 0.04% | 0.13% | 0.00% |
| ▁▄▁▃▄▇██ | Tang. Book Value ($M) | $17 | $20 | $17 | $19 | $20 | $23 | $23 | $23 |
| ▁▁▁▁▆▇██ | Gross Loans ($M) | $64 | $65 | $66 | $65 | $76 | $78 | $82 | $81 |
| ▁▂▃▆▄▄▆█ | Total Deposits ($M) | $165 | $167 | $169 | $172 | $170 | $170 | $173 | $175 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 12% |
| Agricultural | 8% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 80% |
| Brokered / Other | 4% |