Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.08 | 0.58% |
| Return on Equity (%) | ▲ | 5.34% | +0.38 | 4.96% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.23 | 3.75% |
| Efficiency Ratio (%) | ▲ | 74.13% | -2.11 | 76.24% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.10 | $1 |
| Cost of Funds (%) | ▲ | 1.11% | -0.25 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $305 | +7.79 | $297 |
| Gross Loans ($M) | ▲ | $193 | +23.49 | $169 |
| Loan Growth YoY (%) | ▲ | 75.91% | +8.07 | 67.84% |
| Total Deposits ($M) | ▲ | $251 | +4.31 | $247 |
| Shareholders Equity ($M) | ▲ | $38 | +2.52 | $35 |
| Tang. Book Value ($M) | ▲ | $35 | +2.52 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +2.06 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 75.91% | +8.07 | 67.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.68% | +0.69 | 0.99% |
| Allowance / Loans (%) | — | 1.11% | 0.02% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 2.66% | +0.92 | 1.74% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -19.06 | 19.06% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▅▃▃▄█ | Net Interest Margin (%) | 3.56% | 3.48% | 3.38% | 3.75% | 3.54% | 3.59% | 3.63% | 3.98% |
| ▁▁▂▅▂▄▇█ | Return on Assets (%) | 0.48% | 0.48% | 0.52% | 0.58% | 0.52% | 0.55% | 0.61% | 0.66% |
| ██▄▄▆▅▂▁ | Efficiency Ratio (%) | 78.4% | 77.9% | 76.0% | 76.2% | 77.3% | 76.7% | 74.8% | 74.1% |
| ▆█▇▄▃▁▃▁ | Cost of Funds (%) | 1.48% | 1.60% | 1.48% | 1.35% | 1.27% | 1.14% | 1.27% | 1.11% |
| ▁▂▅▂█▂▁▅ | NPA / Assets (%) | 0.54% | 0.99% | 1.89% | 0.99% | 2.81% | 0.88% | 0.80% | 1.68% |
| ▁▂▅▂█▂▁▄ | Net Charge-Off Ratio (%) | 0.87% | 1.62% | 3.18% | 1.74% | 5.08% | 1.63% | 1.30% | 2.66% |
| ▁▃▃▅▅▇██ | Tang. Book Value ($M) | $30 | $32 | $32 | $33 | $33 | $34 | $35 | $35 |
| ▄▅▄▂▁▁▇█ | Gross Loans ($M) | $176 | $178 | $175 | $169 | $166 | $163 | $187 | $193 |
| ▂▄▅▄▁▅▄█ | Total Deposits ($M) | $245 | $247 | $248 | $247 | $244 | $248 | $247 | $251 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 14% |
| Agricultural | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 7% |