Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.37% | -0.63 | 3.01% |
| Return on Equity (%) | ▼ | 22.84% | -5.85 | 28.69% |
| Net Interest Margin (%) | ▼ | 6.46% | -0.36 | 6.83% |
| Efficiency Ratio (%) | ▼ | 59.57% | +0.28 | 59.30% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.06 | $2 |
| Cost of Funds (%) | ▼ | 0.21% | +0.04 | 0.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $322 | +3.33 | $318 |
| Gross Loans ($M) | ▼ | $209 | -23.99 | $233 |
| Loan Growth YoY (%) | ▼ | 71.74% | -9.20 | 80.93% |
| Total Deposits ($M) | ▲ | $287 | +2.63 | $284 |
| Shareholders Equity ($M) | ▲ | $34 | +0.56 | $34 |
| Tang. Book Value ($M) | ▲ | $34 | +0.62 | $33 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +0.91 | $35 |
| Loan / Deposit Ratio (%) | ▼ | 71.74% | -9.20 | 80.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.91% | +0.60 | 1.31% |
| Allowance / Loans (%) | — | 1.39% | 0.26% | 1.13% |
| Net Charge-Off Ratio (%) | ▼ | 2.13% | +0.34 | 1.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.59% | +1.43 | 15.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅████▂ | Net Interest Margin (%) | 6.36% | 6.48% | 6.64% | 6.83% | 6.77% | 6.79% | 6.78% | 6.46% |
| ▅▁▂▇█▁▃▁ | Return on Assets (%) | 2.82% | 2.38% | 2.51% | 3.01% | 3.10% | 2.40% | 2.56% | 2.37% |
| ▁▂▁█▃▁▁█ | Efficiency Ratio (%) | 55.0% | 55.5% | 55.0% | 59.3% | 56.3% | 54.9% | 54.6% | 59.6% |
| ▂█▁▁▆▄▆▆ | Cost of Funds (%) | 0.18% | 0.23% | 0.17% | 0.17% | 0.21% | 0.20% | 0.21% | 0.21% |
| █▆▁▁▃▄▁▃ | NPA / Assets (%) | 3.03% | 2.59% | 1.29% | 1.31% | 1.88% | 1.96% | 1.32% | 1.91% |
| █▆▂▂▃▃▁▃ | Net Charge-Off Ratio (%) | 4.16% | 3.40% | 1.72% | 1.79% | 2.29% | 2.14% | 1.29% | 2.13% |
| ▆█▁▃▆█▁▄ | Tang. Book Value ($M) | $36 | $37 | $31 | $33 | $36 | $37 | $32 | $34 |
| ▆█▆█▆▅▄▁ | Gross Loans ($M) | $226 | $230 | $227 | $233 | $225 | $221 | $219 | $209 |
| ▄▁▃██▅██ | Total Deposits ($M) | $273 | $264 | $272 | $284 | $285 | $276 | $284 | $287 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 13% |
| Agricultural | 7% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 57% |
| Interest-Bearing (core) | 39% |
| Brokered / Other | 4% |