Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.48% | +0.46 | 1.03% |
| Return on Equity (%) | ▲ | 10.80% | +3.30 | 7.50% |
| Net Interest Margin (%) | ▲ | 2.81% | +0.45 | 2.36% |
| Efficiency Ratio (%) | ▲ | 44.62% | -7.09 | 51.72% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▼ | 1.76% | +0.03 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $293 | +18.46 | $275 |
| Gross Loans ($M) | ▲ | $131 | +8.66 | $123 |
| Loan Growth YoY (%) | ▲ | 50.60% | +0.17 | 50.43% |
| Total Deposits ($M) | ▲ | $253 | +16.13 | $236 |
| Shareholders Equity ($M) | ▲ | $40 | +2.32 | $38 |
| Tang. Book Value ($M) | ▲ | $40 | +2.32 | $38 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +3.14 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 50.60% | +0.17 | 50.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.04 | 0.04% |
| Allowance / Loans (%) | — | 2.66% | -0.11% | 2.78% |
| Net Charge-Off Ratio (%) | ▼ | 0.17% | +0.09 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.80% | +0.70 | 25.10% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▅▆▆█ | Net Interest Margin (%) | 2.12% | 2.22% | 2.24% | 2.36% | 2.49% | 2.56% | 2.61% | 2.81% |
| ▁▃▂▄▄▅▄█ | Return on Assets (%) | 0.70% | 0.92% | 0.87% | 1.03% | 1.06% | 1.17% | 1.07% | 1.48% |
| █▅▆▄▄▃▅▁ | Efficiency Ratio (%) | 60.1% | 53.3% | 55.3% | 51.7% | 52.3% | 49.6% | 53.9% | 44.6% |
| ▁▄▆▆████ | Cost of Funds (%) | 1.64% | 1.70% | 1.73% | 1.74% | 1.77% | 1.76% | 1.76% | 1.76% |
| ▃█▁▂▂▁▁▃ | NPA / Assets (%) | 0.07% | 0.20% | 0.01% | 0.04% | 0.04% | 0.00% | 0.02% | 0.08% |
| ▃█▁▂▂▁▁▃ | Net Charge-Off Ratio (%) | 0.15% | 0.45% | 0.02% | 0.08% | 0.09% | 0.01% | 0.05% | 0.17% |
| ▁▃▄▄▆███ | Tang. Book Value ($M) | $36 | $37 | $37 | $38 | $38 | $40 | $40 | $40 |
| ▁▂▃▃▅▆██ | Gross Loans ($M) | $119 | $121 | $123 | $123 | $126 | $128 | $130 | $131 |
| ▁▃▃▄▄▆▇█ | Total Deposits ($M) | $224 | $234 | $234 | $236 | $236 | $244 | $248 | $253 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 57% |
| C&I / Commercial | 24% |
| Agricultural | 9% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 19% |