Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.43% | -0.77 | 1.19% |
| Return on Equity (%) | ▼ | 4.90% | -9.40 | 14.30% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.61 | 3.69% |
| Efficiency Ratio (%) | ▼ | 69.45% | +12.17 | 57.27% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.58% | -0.41 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $292 | +24.11 | $268 |
| Gross Loans ($M) | ▲ | $188 | +29.91 | $158 |
| Loan Growth YoY (%) | ▼ | 72.06% | -4.32 | 76.37% |
| Total Deposits ($M) | ▲ | $255 | +52.55 | $203 |
| Shareholders Equity ($M) | ▲ | $26 | +2.85 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +1.59 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +1.44 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 72.06% | -4.32 | 76.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.49% | +0.82 | 0.67% |
| Allowance / Loans (%) | — | 2.22% | 0.09% | 2.13% |
| Net Charge-Off Ratio (%) | ▼ | 2.32% | +1.18 | 1.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.32% | -1.35 | 13.67% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▄▁▃▅▆█ | Net Interest Margin (%) | 4.02% | 3.98% | 3.93% | 3.69% | 3.86% | 4.05% | 4.09% | 4.31% |
| ▁▃▄▇██▆▃ | Return on Assets (%) | 0.04% | 0.50% | 0.71% | 1.19% | 1.29% | 1.39% | 1.01% | 0.43% |
| ▁▁▂▂▁▁▄█ | Efficiency Ratio (%) | 53.6% | 55.5% | 56.2% | 57.3% | 55.4% | 54.8% | 61.0% | 69.4% |
| ▅██▆▄▅▃▁ | Cost of Funds (%) | 1.91% | 2.21% | 2.16% | 1.99% | 1.88% | 1.95% | 1.79% | 1.58% |
| ▁▂▁▄▂▅██ | NPA / Assets (%) | 0.08% | 0.26% | 0.24% | 0.67% | 0.39% | 0.89% | 1.39% | 1.49% |
| ▁▂▁▄▂▅██ | Net Charge-Off Ratio (%) | 0.15% | 0.45% | 0.40% | 1.14% | 0.65% | 1.44% | 2.15% | 2.32% |
| ▁▅▂▄▅█▇▆ | Tang. Book Value ($M) | $21 | $24 | $22 | $23 | $24 | $26 | $25 | $25 |
| ▁▂▃▃▃▄█▆ | Gross Loans ($M) | $143 | $156 | $163 | $158 | $161 | $171 | $203 | $188 |
| ▁▁▂▂▂▂██ | Total Deposits ($M) | $187 | $189 | $201 | $203 | $197 | $200 | $260 | $255 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 40% |
| C&I / Commercial | 26% |
| Agricultural | 30% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 14% |