Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.53% | -0.29 | 1.82% |
| Return on Equity (%) | ▼ | 13.23% | -0.93 | 14.16% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.27 | 4.43% |
| Efficiency Ratio (%) | ▼ | 48.77% | +2.93 | 45.84% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.13 | $1 |
| Cost of Funds (%) | ▲ | 1.62% | -0.68 | 2.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $150 | +53.43 | $97 |
| Gross Loans ($M) | ▲ | $103 | +42.30 | $60 |
| Loan Growth YoY (%) | ▲ | 87.12% | +9.09 | 78.03% |
| Total Deposits ($M) | ▲ | $117 | +40.33 | $77 |
| Shareholders Equity ($M) | ▲ | $17 | +4.54 | $13 |
| Tang. Book Value ($M) | ▲ | $16 | +3.40 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +3.81 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 87.12% | +9.09 | 78.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.38 | 0.53% |
| Allowance / Loans (%) | — | 0.89% | -0.29% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -0.55 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.79% | +13.79 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▄▄▅█ | Net Interest Margin (%) | 4.08% | 4.14% | 4.16% | 4.43% | 4.35% | 4.40% | 4.44% | 4.71% |
| ▂▃▁█▆▄▁▁ | Return on Assets (%) | 1.57% | 1.61% | 1.53% | 1.82% | 1.75% | 1.64% | 1.56% | 1.53% |
| ▃▃▆▁▂▅█▄ | Efficiency Ratio (%) | 47.9% | 48.3% | 51.4% | 45.8% | 47.2% | 50.2% | 53.4% | 48.8% |
| ▂█▅█▄▁▂▂ | Cost of Funds (%) | 1.58% | 2.22% | 1.92% | 2.30% | 1.85% | 1.43% | 1.63% | 1.62% |
| ▁▁▁█▁▁▁▂ | NPA / Assets (%) | 0.08% | 0.05% | 0.04% | 0.53% | 0.09% | 0.09% | 0.04% | 0.15% |
| ▁▁▁█▁▂▁▃ | Net Charge-Off Ratio (%) | 0.09% | 0.00% | 0.00% | 0.78% | 0.07% | 0.10% | 0.06% | 0.23% |
| ▁▂▂▃▃▅▇█ | Tang. Book Value ($M) | $12 | $13 | $12 | $13 | $13 | $14 | $16 | $16 |
| ▁▁▂▁▂▁██ | Gross Loans ($M) | $60 | $55 | $62 | $60 | $64 | $58 | $99 | $103 |
| ▁▁▂▂▂▂██ | Total Deposits ($M) | $73 | $70 | $77 | $77 | $77 | $77 | $118 | $117 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 35% |
| C&I / Commercial | 5% |
| Agricultural | 56% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 11% |