Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.57% | +0.16 | 1.41% |
| Return on Equity (%) | ▼ | 16.83% | -0.03 | 16.86% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.30 | 3.49% |
| Efficiency Ratio (%) | ▼ | 61.34% | +1.57 | 59.77% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.19 | $3 |
| Cost of Funds (%) | ▲ | 2.14% | -0.29 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $688 | +15.60 | $673 |
| Gross Loans ($M) | ▲ | $483 | +21.36 | $462 |
| Loan Growth YoY (%) | ▲ | 82.54% | +2.76 | 79.78% |
| Total Deposits ($M) | ▲ | $576 | +6.90 | $569 |
| Shareholders Equity ($M) | ▲ | $65 | +7.10 | $58 |
| Tang. Book Value ($M) | ▲ | $65 | +7.10 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $73 | +7.67 | $65 |
| Loan / Deposit Ratio (%) | ▲ | 82.54% | +2.76 | 79.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -0.54 | 1.30% |
| Allowance / Loans (%) | — | 1.53% | -0.08% | 1.60% |
| Net Charge-Off Ratio (%) | ▲ | 0.06% | -0.61 | 0.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▇█ | Net Interest Margin (%) | 3.33% | 3.36% | 3.37% | 3.49% | 3.60% | 3.66% | 3.72% | 3.79% |
| ▄▃▁▃▅▆▇█ | Return on Assets (%) | 1.46% | 1.43% | 1.35% | 1.41% | 1.47% | 1.51% | 1.52% | 1.57% |
| ▂▄█▂▁▂▄▆ | Efficiency Ratio (%) | 59.9% | 60.3% | 62.2% | 59.8% | 59.2% | 59.7% | 60.3% | 61.3% |
| ▆██▆▄▄▁▁ | Cost of Funds (%) | 2.42% | 2.53% | 2.56% | 2.43% | 2.35% | 2.30% | 2.18% | 2.14% |
| ▁▇▅█▅▄▄▄ | NPA / Assets (%) | 0.40% | 1.18% | 0.93% | 1.30% | 0.90% | 0.80% | 0.80% | 0.76% |
| ▇▆▁█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.57% | 0.48% | 0.10% | 0.67% | 0.11% | 0.05% | 0.04% | 0.06% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $51 | $56 | $53 | $58 | $59 | $62 | $63 | $65 |
| ▃▂▁▂▁▃▆█ | Gross Loans ($M) | $464 | $460 | $456 | $462 | $456 | $464 | $475 | $483 |
| ▁▁▂▆██▅█ | Total Deposits ($M) | $552 | $549 | $553 | $569 | $580 | $577 | $566 | $576 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 5% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 22% |