Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.69% | -0.06 | 0.75% |
| Return on Equity (%) | ▼ | 6.98% | -1.11 | 8.09% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.49 | 3.80% |
| Efficiency Ratio (%) | ▼ | 70.44% | +1.41 | 69.03% |
| Pre-Provision Profit ($M) | ▲ | $7 | +1.22 | $5 |
| Cost of Funds (%) | ▲ | 2.31% | -0.54 | 2.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $2,073 | +300.89 | $1,772 |
| Gross Loans ($M) | ▲ | $1,701 | +243.76 | $1,457 |
| Loan Growth YoY (%) | ▼ | 92.81% | -0.76 | 93.57% |
| Total Deposits ($M) | ▲ | $1,810 | +273.00 | $1,537 |
| Shareholders Equity ($M) | ▲ | $205 | +42.52 | $162 |
| Tang. Book Value ($M) | ▲ | $200 | +42.51 | $158 |
| TBV excl. AOCI ($M)** | ▲ | $210 | +44.33 | $166 |
| Loan / Deposit Ratio (%) | ▼ | 92.81% | -0.76 | 93.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.61% | +0.89 | 1.72% |
| Allowance / Loans (%) | — | 1.25% | -0.07% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 2.74% | +0.67 | 2.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.52% | +0.40 | 10.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇▇█ | Net Interest Margin (%) | 3.41% | 3.49% | 3.56% | 3.80% | 3.99% | 4.07% | 4.16% | 4.28% |
| ▄▂▃▂▇▇█▁ | Return on Assets (%) | 0.85% | 0.79% | 0.80% | 0.75% | 0.99% | 1.01% | 1.08% | 0.69% |
| ▄▅▄▇▁▂▁█ | Efficiency Ratio (%) | 65.6% | 66.2% | 65.9% | 69.0% | 62.6% | 62.7% | 61.5% | 70.4% |
| █▇▆▄▂▂▂▁ | Cost of Funds (%) | 3.47% | 3.21% | 3.14% | 2.86% | 2.46% | 2.59% | 2.47% | 2.31% |
| ▁▂▅▄▅▇▇█ | NPA / Assets (%) | 0.99% | 1.36% | 1.88% | 1.72% | 1.90% | 2.26% | 2.25% | 2.61% |
| ▁▃▆▅▆█▆█ | Net Charge-Off Ratio (%) | 1.23% | 1.72% | 2.29% | 2.07% | 2.29% | 2.71% | 2.29% | 2.74% |
| ▁▁▂▂▃▄▇█ | Tang. Book Value ($M) | $147 | $151 | $154 | $158 | $163 | $170 | $192 | $200 |
| ▁▁▂▃▅▇██ | Gross Loans ($M) | $1,313 | $1,353 | $1,380 | $1,457 | $1,534 | $1,627 | $1,664 | $1,701 |
| ▁▂▂▂▅▄▇█ | Total Deposits ($M) | $1,454 | $1,524 | $1,506 | $1,537 | $1,640 | $1,619 | $1,728 | $1,810 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 20% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 29% |