Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.30% | -0.09 | 1.39% |
| Return on Equity (%) | ▼ | 13.62% | -0.65 | 14.27% |
| Net Interest Margin (%) | ▲ | 3.51% | +0.10 | 3.41% |
| Efficiency Ratio (%) | ▲ | 57.32% | -0.34 | 57.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 2.63% | -0.39 | 3.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $173 | +9.50 | $164 |
| Gross Loans ($M) | ▲ | $141 | +1.91 | $139 |
| Loan Growth YoY (%) | ▼ | 89.85% | -4.35 | 94.20% |
| Total Deposits ($M) | ▲ | $156 | +9.30 | $147 |
| Shareholders Equity ($M) | ▲ | $17 | +0.30 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +0.30 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 89.85% | -4.35 | 94.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.20 | 0.19% |
| Allowance / Loans (%) | — | 0.73% | -0.05% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.48% | +0.25 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.92% | -0.10 | 13.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▇████ | Net Interest Margin (%) | 2.81% | 2.85% | 2.95% | 3.41% | 3.46% | 3.50% | 3.50% | 3.51% |
| ▁▁▂███▅▇ | Return on Assets (%) | 0.66% | 0.62% | 0.78% | 1.39% | 1.42% | 1.44% | 1.08% | 1.30% |
| █▆▅▁▁▁▁▁ | Efficiency Ratio (%) | 73.5% | 69.2% | 66.4% | 57.7% | 56.3% | 56.1% | 57.3% | 57.3% |
| ▇█▆▃▂▂▃▁ | Cost of Funds (%) | 3.53% | 3.69% | 3.40% | 3.02% | 2.81% | 2.87% | 2.93% | 2.63% |
| ▅▃▁▁▃█▄▃ | NPA / Assets (%) | 0.67% | 0.46% | 0.19% | 0.19% | 0.40% | 0.97% | 0.49% | 0.39% |
| ▅▃▁▁▃█▄▃ | Net Charge-Off Ratio (%) | 0.76% | 0.54% | 0.22% | 0.23% | 0.46% | 1.15% | 0.59% | 0.48% |
| ▁▂▄▆▇█▇▇ | Tang. Book Value ($M) | $15 | $15 | $16 | $16 | $17 | $17 | $17 | $17 |
| ▆▄▅▁███▂ | Gross Loans ($M) | $145 | $142 | $144 | $139 | $147 | $147 | $147 | $141 |
| ▁▄▁▁▇▄██ | Total Deposits ($M) | $147 | $151 | $148 | $147 | $155 | $151 | $156 | $156 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 14% |
| Agricultural | 12% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 44% |