Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.04 | 0.88% |
| Return on Equity (%) | ▼ | 16.41% | -1.77 | 18.18% |
| Net Interest Margin (%) | ▲ | 2.34% | +0.06 | 2.28% |
| Efficiency Ratio (%) | ▲ | 54.39% | -5.50 | 59.89% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 2.18% | -0.18 | 2.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $145 | +15.27 | $130 |
| Gross Loans ($M) | ▲ | $39 | +1.76 | $37 |
| Loan Growth YoY (%) | ▼ | 28.26% | -1.69 | 29.95% |
| Total Deposits ($M) | ▲ | $137 | +13.49 | $124 |
| Shareholders Equity ($M) | ▲ | $8 | +1.70 | $6 |
| Tang. Book Value ($M) | ▲ | $8 | +1.70 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $10 | +2.09 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 28.26% | -1.69 | 29.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.47% | +0.11 | 0.36% |
| Allowance / Loans (%) | — | 0.57% | 0.06% | 0.52% |
| Net Charge-Off Ratio (%) | ▼ | 1.77% | +0.50 | 1.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▆▇█▄ | Net Interest Margin (%) | 2.24% | 2.24% | 2.28% | 2.28% | 2.38% | 2.40% | 2.45% | 2.34% |
| ▂▂▁▅██▅▆ | Return on Assets (%) | 0.80% | 0.80% | 0.75% | 0.88% | 0.98% | 1.00% | 0.89% | 0.92% |
| ███▄▃▂▅▁ | Efficiency Ratio (%) | 65.5% | 65.2% | 66.5% | 59.9% | 58.6% | 56.9% | 61.2% | 54.4% |
| ▇██▆▂▁▁▁ | Cost of Funds (%) | 2.42% | 2.46% | 2.45% | 2.36% | 2.24% | 2.17% | 2.17% | 2.18% |
| ▁▁▂▇▆▆▆█ | NPA / Assets (%) | 0.03% | 0.00% | 0.07% | 0.36% | 0.35% | 0.34% | 0.32% | 0.47% |
| ▁▁▂▆▆▆▆█ | Net Charge-Off Ratio (%) | 0.10% | 0.00% | 0.25% | 1.27% | 1.24% | 1.29% | 1.21% | 1.77% |
| ▂▆▁▁▁▆█▆ | Tang. Book Value ($M) | $7 | $8 | $6 | $6 | $6 | $8 | $9 | $8 |
| ▁▂▆▇█▇██ | Gross Loans ($M) | $32 | $33 | $37 | $37 | $38 | $37 | $39 | $39 |
| ▁▁▁▃▅███ | Total Deposits ($M) | $117 | $119 | $119 | $124 | $129 | $136 | $138 | $137 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 7% |
| Agricultural | 2% |
| Consumer | 18% |
| Other | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 30% |