Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.22% | +9.40 | -9.18% |
| Return on Equity (%) | ▲ | 24.44% | +3865.99 | -3,841.55% |
| Net Interest Margin (%) | ▲ | 2.68% | +0.42 | 2.26% |
| Efficiency Ratio (%) | ▲ | 90.10% | -30.04 | 120.14% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.72 | $-0 |
| Cost of Funds (%) | ▲ | 1.67% | -0.42 | 2.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $383 | +29.82 | $353 |
| Gross Loans ($M) | ▲ | $200 | +22.79 | $177 |
| Loan Growth YoY (%) | ▲ | 52.53% | +2.45 | 50.08% |
| Total Deposits ($M) | ▲ | $377 | +27.25 | $350 |
| Shareholders Equity ($M) | ▲ | $3 | +3.06 | $0 |
| Tang. Book Value ($M) | ▲ | $3 | +3.06 | $0 |
| TBV excl. AOCI ($M)** | ▲ | $7 | +3.05 | $4 |
| Loan / Deposit Ratio (%) | ▲ | 52.53% | +2.45 | 50.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.05 | 0.40% |
| Allowance / Loans (%) | — | 0.89% | -0.17% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.66% | -0.13 | 0.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.85% | -0.57 | 19.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄████ | Net Interest Margin (%) | 1.93% | 1.91% | 1.96% | 2.26% | 2.59% | 2.67% | 2.68% | 2.68% |
| ███▁▄▆▆█ | Return on Assets (%) | -0.73% | -0.77% | -0.72% | -9.18% | -4.58% | -2.97% | -2.21% | 0.22% |
| ███▆▃▂▁▁ | Efficiency Ratio (%) | 131.7% | 134.3% | 131.7% | 120.1% | 105.5% | 98.8% | 95.3% | 90.1% |
| ██▆▅▁▁▁▁ | Cost of Funds (%) | 2.39% | 2.36% | 2.14% | 2.08% | 1.67% | 1.70% | 1.69% | 1.67% |
| ▁▁▁█▂▁█▇ | NPA / Assets (%) | 0.13% | 0.14% | 0.17% | 0.40% | 0.18% | 0.16% | 0.38% | 0.34% |
| ▁▁▁█▂▁█▆ | Net Charge-Off Ratio (%) | 0.31% | 0.32% | 0.36% | 0.79% | 0.37% | 0.33% | 0.80% | 0.66% |
| ▇█▄▃▁▅▆▆ | Tang. Book Value ($M) | $5 | $6 | $2 | $0 | $-3 | $2 | $4 | $3 |
| ▁▁▁▂▂▂▂█ | Gross Loans ($M) | $172 | $172 | $175 | $177 | $176 | $177 | $176 | $200 |
| ▁▂▃▄▄▅▆█ | Total Deposits ($M) | $333 | $339 | $345 | $350 | $355 | $358 | $362 | $377 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 2% |
| Agricultural | 2% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 11% |