Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.85% | +0.51 | 1.35% |
| Return on Equity (%) | ▲ | 22.20% | +6.27 | 15.93% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.60 | 3.41% |
| Efficiency Ratio (%) | ▲ | 51.55% | -8.56 | 60.11% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.54 | $3 |
| Cost of Funds (%) | ▲ | 2.29% | -0.14 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $841 | +101.06 | $740 |
| Gross Loans ($M) | ▲ | $687 | +113.00 | $574 |
| Loan Growth YoY (%) | ▲ | 89.97% | +5.48 | 84.49% |
| Total Deposits ($M) | ▲ | $757 | +83.26 | $674 |
| Shareholders Equity ($M) | ▲ | $70 | +7.44 | $63 |
| Tang. Book Value ($M) | ▲ | $62 | +7.62 | $54 |
| TBV excl. AOCI ($M)** | ▲ | $65 | +7.25 | $58 |
| Loan / Deposit Ratio (%) | ▲ | 89.97% | +5.48 | 84.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.20 | 0.10% |
| Allowance / Loans (%) | — | 0.86% | 0.03% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.37% | +0.24 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▆█ | Net Interest Margin (%) | 3.16% | 3.24% | 3.30% | 3.41% | 3.54% | 3.66% | 3.73% | 4.01% |
| ▁▁▂▃▄▄▂█ | Return on Assets (%) | 1.14% | 1.22% | 1.25% | 1.35% | 1.43% | 1.43% | 1.27% | 1.85% |
| ██▇▆▅▄▇▁ | Efficiency Ratio (%) | 64.4% | 63.0% | 62.6% | 60.1% | 58.9% | 57.3% | 61.8% | 51.6% |
| ▆██▆▇▁▃▁ | Cost of Funds (%) | 2.42% | 2.49% | 2.50% | 2.43% | 2.45% | 2.31% | 2.36% | 2.29% |
| ▄▁▂▁▁▂▇█ | NPA / Assets (%) | 0.17% | 0.10% | 0.13% | 0.10% | 0.08% | 0.13% | 0.26% | 0.30% |
| ▄▁▂▁▁▂▇█ | Net Charge-Off Ratio (%) | 0.22% | 0.13% | 0.16% | 0.13% | 0.11% | 0.15% | 0.32% | 0.37% |
| ▁▄▁▄▅█▇█ | Tang. Book Value ($M) | $50 | $55 | $51 | $54 | $57 | $61 | $59 | $62 |
| ▁▁▂▃▄▆▇█ | Gross Loans ($M) | $527 | $547 | $556 | $574 | $596 | $636 | $655 | $687 |
| ▁▁▁▃▃▄▆█ | Total Deposits ($M) | $629 | $633 | $643 | $674 | $673 | $685 | $717 | $757 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 8% |
| Agricultural | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 16% |