Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.48 | 0.91% |
| Return on Equity (%) | ▲ | 16.07% | +4.33 | 11.74% |
| Net Interest Margin (%) | ▲ | 3.83% | +0.48 | 3.35% |
| Efficiency Ratio (%) | ▲ | 56.32% | -10.27 | 66.59% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.94 | $1 |
| Cost of Funds (%) | ▲ | 1.68% | -0.22 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $634 | +109.73 | $524 |
| Gross Loans ($M) | ▲ | $427 | +79.37 | $347 |
| Loan Growth YoY (%) | ▼ | 78.46% | -0.67 | 79.13% |
| Total Deposits ($M) | ▲ | $537 | +104.03 | $433 |
| Shareholders Equity ($M) | ▲ | $59 | +17.60 | $41 |
| Tang. Book Value ($M) | ▲ | $56 | +15.84 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $63 | +15.88 | $47 |
| Loan / Deposit Ratio (%) | ▼ | 78.46% | -0.67 | 79.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.01 | 0.16% |
| Allowance / Loans (%) | — | 1.16% | -0.07% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.17% | -0.05 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.31% | +1.72 | 10.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅▆█ | Net Interest Margin (%) | 3.04% | 3.06% | 3.25% | 3.35% | 3.42% | 3.51% | 3.60% | 3.83% |
| ▁▁▁▂▆▅▅█ | Return on Assets (%) | 0.82% | 0.84% | 0.80% | 0.91% | 1.23% | 1.16% | 1.11% | 1.39% |
| ▆▆▇█▄▄▃▁ | Efficiency Ratio (%) | 63.4% | 63.2% | 64.5% | 66.6% | 60.5% | 60.9% | 59.8% | 56.3% |
| ▅█▅▄▃▅▂▁ | Cost of Funds (%) | 1.95% | 2.16% | 1.97% | 1.90% | 1.81% | 1.94% | 1.77% | 1.68% |
| █▆▁▂▂▂▂▂ | NPA / Assets (%) | 0.55% | 0.43% | 0.08% | 0.16% | 0.16% | 0.16% | 0.14% | 0.15% |
| █▆▁▂▂▂▁▁ | Net Charge-Off Ratio (%) | 0.86% | 0.67% | 0.12% | 0.23% | 0.24% | 0.24% | 0.16% | 0.17% |
| ▁▁▁▁▂▂▃█ | Tang. Book Value ($M) | $39 | $39 | $39 | $40 | $43 | $42 | $45 | $56 |
| ▁▁▂▂▃▅▇█ | Gross Loans ($M) | $325 | $323 | $343 | $347 | $362 | $386 | $406 | $427 |
| ▁▁▂▂▃▅▇█ | Total Deposits ($M) | $413 | $405 | $428 | $433 | $448 | $484 | $507 | $537 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 8% |
| Agricultural | 28% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 13% |