Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.04 | 0.82% |
| Return on Equity (%) | ▲ | 6.92% | +0.13 | 6.79% |
| Net Interest Margin (%) | ▲ | 3.74% | +0.15 | 3.59% |
| Efficiency Ratio (%) | ▼ | 72.64% | +0.54 | 72.10% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.13 | $2 |
| Cost of Funds (%) | ▲ | 1.79% | -0.10 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $616 | +28.44 | $588 |
| Gross Loans ($M) | ▼ | $471 | -0.28 | $471 |
| Loan Growth YoY (%) | ▼ | 86.94% | -3.69 | 90.63% |
| Total Deposits ($M) | ▲ | $534 | +21.17 | $513 |
| Shareholders Equity ($M) | ▲ | $76 | +6.19 | $70 |
| Tang. Book Value ($M) | ▲ | $76 | +6.19 | $70 |
| TBV excl. AOCI ($M)** | ▲ | $79 | +8.07 | $71 |
| Loan / Deposit Ratio (%) | ▼ | 86.94% | -3.69 | 90.63% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.12% | +0.74 | 0.38% |
| Allowance / Loans (%) | — | 1.30% | 0.05% | 1.24% |
| Net Charge-Off Ratio (%) | ▼ | 1.41% | +0.94 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.02% | +1.76 | 17.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆██▇ | Net Interest Margin (%) | 3.45% | 3.49% | 3.53% | 3.59% | 3.70% | 3.79% | 3.82% | 3.74% |
| ▁▂▂▁▆██▃ | Return on Assets (%) | 0.80% | 0.84% | 0.84% | 0.82% | 0.93% | 0.99% | 0.99% | 0.86% |
| █▇▇█▃▁▁█ | Efficiency Ratio (%) | 72.3% | 71.6% | 71.9% | 72.1% | 69.7% | 68.2% | 68.2% | 72.6% |
| ▆██▃▃▂▂▁ | Cost of Funds (%) | 1.98% | 2.03% | 2.06% | 1.89% | 1.88% | 1.85% | 1.82% | 1.79% |
| █▁▂▂█▁▂█ | NPA / Assets (%) | 1.07% | 0.27% | 0.42% | 0.38% | 1.03% | 0.38% | 0.44% | 1.12% |
| █▁▂▂▇▁▂█ | Net Charge-Off Ratio (%) | 1.29% | 0.33% | 0.50% | 0.48% | 1.27% | 0.46% | 0.51% | 1.41% |
| ▁▂▂▄▅▆██ | Tang. Book Value ($M) | $66 | $68 | $69 | $70 | $72 | $74 | $75 | $76 |
| ▂▁▄▅▆██▅ | Gross Loans ($M) | $462 | $459 | $469 | $471 | $475 | $480 | $480 | $471 |
| ▁▁▁▅▄▅▇█ | Total Deposits ($M) | $488 | $490 | $488 | $513 | $509 | $514 | $526 | $534 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 10% |
| Agricultural | 6% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 19% |