Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.18 | 0.72% |
| Return on Equity (%) | ▼ | 14.65% | -0.79 | 15.44% |
| Net Interest Margin (%) | ▲ | 2.93% | +0.13 | 2.81% |
| Efficiency Ratio (%) | ▲ | 69.83% | -6.81 | 76.65% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.66% | -0.08 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $167 | +8.97 | $158 |
| Gross Loans ($M) | ▲ | $53 | +6.10 | $47 |
| Loan Growth YoY (%) | ▲ | 35.02% | +3.26 | 31.76% |
| Total Deposits ($M) | ▲ | $151 | +3.76 | $147 |
| Shareholders Equity ($M) | ▲ | $10 | +2.36 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +2.36 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +2.27 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 35.02% | +3.26 | 31.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.08% | -0.02 | 0.10% |
| Allowance / Loans (%) | — | 0.68% | -0.14% | 0.82% |
| Net Charge-Off Ratio (%) | ▲ | 0.25% | -0.08 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -29.00 | 29.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▅████ | Net Interest Margin (%) | 2.58% | 2.63% | 2.67% | 2.81% | 2.96% | 2.96% | 2.94% | 2.93% |
| ▁▁▂▄▇▇█▇ | Return on Assets (%) | 0.59% | 0.57% | 0.65% | 0.72% | 0.87% | 0.86% | 0.95% | 0.90% |
| ██▇▆▃▃▁▁ | Efficiency Ratio (%) | 79.7% | 80.5% | 78.3% | 76.6% | 73.2% | 73.2% | 70.7% | 69.8% |
| ▇█▅▂▂▁▂▁ | Cost of Funds (%) | 2.09% | 2.18% | 1.93% | 1.74% | 1.73% | 1.65% | 1.72% | 1.66% |
| ▄▅▁█▂▅▆▇ | NPA / Assets (%) | 0.04% | 0.05% | 0.00% | 0.10% | 0.02% | 0.06% | 0.07% | 0.08% |
| ▄▅▁█▂▅▆▆ | Net Charge-Off Ratio (%) | 0.15% | 0.17% | 0.01% | 0.33% | 0.07% | 0.19% | 0.24% | 0.25% |
| ▁▅▁▃▂▇█▇ | Tang. Book Value ($M) | $6 | $9 | $7 | $8 | $7 | $10 | $11 | $10 |
| ▁▁▁▂▄▃▆█ | Gross Loans ($M) | $46 | $45 | $46 | $47 | $49 | $48 | $51 | $53 |
| ▇▁▄▆▃▅██ | Total Deposits ($M) | $149 | $137 | $143 | $147 | $142 | $145 | $152 | $151 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 7% |
| Agricultural | 4% |
| Consumer | 14% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 5% |