Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.32% | -0.55 | 0.88% |
| Return on Equity (%) | ▼ | 3.14% | -5.80 | 8.94% |
| Net Interest Margin (%) | ▼ | 3.36% | -0.04 | 3.40% |
| Efficiency Ratio (%) | ▼ | 79.91% | +9.60 | 70.30% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.14 | $0 |
| Cost of Funds (%) | ▼ | 1.41% | +0.11 | 1.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $210 | +6.76 | $203 |
| Gross Loans ($M) | ▲ | $121 | +9.59 | $111 |
| Loan Growth YoY (%) | ▲ | 67.06% | +3.59 | 63.46% |
| Total Deposits ($M) | ▲ | $178 | +4.76 | $173 |
| Shareholders Equity ($M) | ▲ | $21 | +2.13 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +2.39 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.83 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 67.06% | +3.59 | 63.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.86% | -0.03 | 0.88% |
| Allowance / Loans (%) | — | 1.29% | 0.05% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 1.49% | -0.13 | 1.62% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.88% | -0.53 | 16.41% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▂██▇▇▇ | Net Interest Margin (%) | 3.25% | 3.21% | 3.25% | 3.40% | 3.40% | 3.36% | 3.37% | 3.36% |
| ▄▅▅█▇▇▆▁ | Return on Assets (%) | 0.56% | 0.63% | 0.64% | 0.88% | 0.77% | 0.78% | 0.68% | 0.32% |
| █▆▆▁▃▁▄█ | Efficiency Ratio (%) | 79.2% | 76.7% | 76.4% | 70.3% | 72.9% | 71.0% | 74.1% | 79.9% |
| ▄▂▄▁▆▅█▂ | Cost of Funds (%) | 1.51% | 1.41% | 1.53% | 1.30% | 1.69% | 1.62% | 1.86% | 1.41% |
| █▇█▁▁▁▁▁ | NPA / Assets (%) | 1.79% | 1.67% | 1.80% | 0.88% | 0.93% | 0.86% | 0.95% | 0.86% |
| ███▁▁▁▁▁ | Net Charge-Off Ratio (%) | 2.83% | 2.85% | 2.89% | 1.62% | 1.55% | 1.54% | 1.56% | 1.49% |
| ▁▄▂▃▄▇██ | Tang. Book Value ($M) | $17 | $18 | $17 | $18 | $18 | $20 | $20 | $20 |
| ▂▂▁▂▆▆▇█ | Gross Loans ($M) | $112 | $111 | $110 | $111 | $117 | $117 | $119 | $121 |
| ▁▄▁▇▅█▅█ | Total Deposits ($M) | $148 | $160 | $147 | $173 | $164 | $176 | $163 | $178 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 8% |