Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.01% | -0.24 | 2.25% |
| Return on Equity (%) | ▼ | 12.85% | -2.78 | 15.63% |
| Net Interest Margin (%) | ▼ | 3.43% | -0.18 | 3.60% |
| Efficiency Ratio (%) | ▼ | 28.13% | +4.98 | 23.15% |
| Pre-Provision Profit ($M) | ▼ | $4 | -0.42 | $4 |
| Cost of Funds (%) | ▲ | 1.04% | -0.07 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $598 | +3.08 | $595 |
| Gross Loans ($M) | ▼ | $138 | -2.85 | $141 |
| Loan Growth YoY (%) | ▼ | 27.20% | -0.29 | 27.50% |
| Total Deposits ($M) | ▼ | $501 | -4.83 | $506 |
| Shareholders Equity ($M) | ▲ | $94 | +7.74 | $87 |
| Tang. Book Value ($M) | ▲ | $94 | +7.74 | $87 |
| TBV excl. AOCI ($M)** | ▲ | $110 | +10.69 | $99 |
| Loan / Deposit Ratio (%) | ▼ | 27.20% | -0.29 | 27.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.88% | +0.21 | 0.67% |
| Allowance / Loans (%) | — | 1.26% | -0.01% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 3.08% | +0.93 | 2.15% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▃▂▂▂▁ | Net Interest Margin (%) | 4.01% | 3.97% | 3.92% | 3.60% | 3.57% | 3.55% | 3.55% | 3.43% |
| ██▆▅▆▄▁▁ | Return on Assets (%) | 2.42% | 2.43% | 2.28% | 2.25% | 2.28% | 2.19% | 2.06% | 2.01% |
| ▁▁▅▃▃▄██ | Efficiency Ratio (%) | 21.1% | 20.5% | 25.1% | 23.1% | 23.4% | 24.3% | 29.0% | 28.1% |
| ▅▆▆▄▇█▃▁ | Cost of Funds (%) | 1.12% | 1.15% | 1.15% | 1.11% | 1.17% | 1.20% | 1.10% | 1.04% |
| ▁▁▁▃▂▆▆█ | NPA / Assets (%) | 0.61% | 0.58% | 0.57% | 0.67% | 0.64% | 0.78% | 0.77% | 0.88% |
| ▁▁▁▄▃▆▆█ | Net Charge-Off Ratio (%) | 1.63% | 1.48% | 1.68% | 2.15% | 1.96% | 2.49% | 2.54% | 3.08% |
| ▁▂▂▄▆▇▇█ | Tang. Book Value ($M) | $81 | $83 | $83 | $87 | $90 | $92 | $92 | $94 |
| ▆█▃▂▂▂▁▁ | Gross Loans ($M) | $155 | $161 | $145 | $141 | $143 | $142 | $140 | $138 |
| ▁▁▇█▁▁▅▆ | Total Deposits ($M) | $488 | $489 | $503 | $506 | $490 | $490 | $498 | $501 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 17% |