Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.60% | -0.04 | 0.64% |
| Return on Equity (%) | ▼ | 13.50% | -10.54 | 24.04% |
| Net Interest Margin (%) | ▼ | 3.49% | -0.02 | 3.51% |
| Efficiency Ratio (%) | ▲ | 77.65% | -4.23 | 81.88% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.47% | -0.10 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $429 | +14.52 | $415 |
| Gross Loans ($M) | ▼ | $219 | -4.27 | $223 |
| Loan Growth YoY (%) | ▲ | 57.23% | +0.12 | 57.11% |
| Total Deposits ($M) | ▼ | $378 | -8.33 | $386 |
| Shareholders Equity ($M) | ▲ | $19 | +6.51 | $12 |
| Tang. Book Value ($M) | ▲ | $17 | +6.50 | $10 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +6.50 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 57.23% | +0.12 | 57.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Allowance / Loans (%) | — | 1.09% | 0.04% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.04 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.35% | +1.30 | 11.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂████▇ | Net Interest Margin (%) | 3.02% | 3.05% | 3.11% | 3.51% | 3.57% | 3.57% | 3.52% | 3.49% |
| ▁██▅▆▆▇▅ | Return on Assets (%) | 0.42% | 0.77% | 0.72% | 0.64% | 0.65% | 0.65% | 0.70% | 0.60% |
| ██▇▅▅▅▁▃ | Efficiency Ratio (%) | 86.8% | 86.3% | 85.1% | 81.9% | 81.6% | 81.4% | 73.8% | 77.7% |
| ▇█▅▄▅█▄▁ | Cost of Funds (%) | 1.64% | 1.69% | 1.58% | 1.56% | 1.61% | 1.67% | 1.57% | 1.47% |
| ▇▂▂▂▃██▁ | NPA / Assets (%) | 0.09% | 0.02% | 0.02% | 0.02% | 0.03% | 0.10% | 0.10% | 0.00% |
| █▂▂▂▃██▁ | Net Charge-Off Ratio (%) | 0.18% | 0.05% | 0.04% | 0.04% | 0.06% | 0.19% | 0.19% | 0.01% |
| ▁▅▂▃▅▇██ | Tang. Book Value ($M) | $6 | $12 | $8 | $10 | $12 | $15 | $17 | $17 |
| ▁▁▇▆█▇█▅ | Gross Loans ($M) | $207 | $209 | $226 | $223 | $227 | $225 | $229 | $219 |
| ▂▁█▆▃▅▆▅ | Total Deposits ($M) | $368 | $359 | $396 | $386 | $373 | $378 | $385 | $378 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 16% |
| Agricultural | 29% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |