Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.14 | 0.53% |
| Return on Equity (%) | ▲ | 7.97% | +1.62 | 6.35% |
| Net Interest Margin (%) | ▲ | 5.44% | +0.94 | 4.50% |
| Efficiency Ratio (%) | ▲ | 70.65% | -5.38 | 76.03% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.63 | $0 |
| Cost of Funds (%) | ▲ | 2.09% | -0.03 | 2.12% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +95.44 | $209 |
| Gross Loans ($M) | ▲ | $264 | +98.01 | $166 |
| Loan Growth YoY (%) | ▲ | 97.75% | +8.98 | 88.76% |
| Total Deposits ($M) | ▲ | $267 | +81.52 | $186 |
| Shareholders Equity ($M) | ▲ | $28 | +10.71 | $17 |
| Tang. Book Value ($M) | ▲ | $23 | +10.73 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 97.75% | +8.98 | 88.76% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.78% | +0.29 | 0.49% |
| Allowance / Loans (%) | — | 1.09% | 0.33% | 0.76% |
| Net Charge-Off Ratio (%) | ▼ | 0.81% | +0.38 | 0.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▆▆██ | Net Interest Margin (%) | 4.04% | 3.98% | 4.02% | 4.50% | 4.93% | 5.08% | 5.29% | 5.44% |
| ▁▁▁▅█▇█▆ | Return on Assets (%) | 0.23% | 0.19% | 0.21% | 0.53% | 0.78% | 0.77% | 0.87% | 0.67% |
| ███▂▁▁▁▁ | Efficiency Ratio (%) | 91.5% | 93.0% | 92.1% | 76.0% | 71.3% | 72.4% | 70.6% | 70.7% |
| ▁█▄▁▂▂▁▁ | Cost of Funds (%) | 2.05% | 2.72% | 2.37% | 2.12% | 2.17% | 2.15% | 2.08% | 2.09% |
| ██▆▁▅▄▄▃ | NPA / Assets (%) | 1.47% | 1.48% | 1.22% | 0.49% | 1.04% | 0.91% | 0.90% | 0.78% |
| ██▅▁▄▃▃▂ | Net Charge-Off Ratio (%) | 2.18% | 2.12% | 1.44% | 0.43% | 1.15% | 0.99% | 0.94% | 0.81% |
| ▁▁▁▂▃▄▅█ | Tang. Book Value ($M) | $10 | $11 | $11 | $12 | $14 | $16 | $17 | $23 |
| ▁▁▂▄▅▆██ | Gross Loans ($M) | $107 | $114 | $128 | $166 | $187 | $210 | $247 | $264 |
| ▁▁▂▃▄▅▇█ | Total Deposits ($M) | $144 | $147 | $163 | $186 | $201 | $216 | $248 | $267 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 37% |
| Agricultural | 14% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 21% |