Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.81% | +0.43 | 1.38% |
| Return on Equity (%) | ▲ | 14.32% | +2.43 | 11.89% |
| Net Interest Margin (%) | ▲ | 4.54% | +0.31 | 4.23% |
| Efficiency Ratio (%) | ▲ | 45.83% | -2.73 | 48.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.31% | -0.17 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $173 | +12.14 | $161 |
| Gross Loans ($M) | ▲ | $121 | +11.33 | $110 |
| Loan Growth YoY (%) | ▲ | 80.08% | +0.75 | 79.33% |
| Total Deposits ($M) | ▲ | $149 | +12.64 | $137 |
| Shareholders Equity ($M) | ▲ | $22 | +2.74 | $19 |
| Tang. Book Value ($M) | ▲ | $22 | +2.74 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.51 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 80.08% | +0.75 | 79.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.28% | -0.07 | 0.35% |
| Allowance / Loans (%) | — | 1.23% | 0.04% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 0.40% | -0.12 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 3.99% | 4.01% | 4.03% | 4.23% | 4.32% | 4.40% | 4.44% | 4.54% |
| █▆▅▁▁▂▁▅ | Return on Assets (%) | 2.23% | 1.91% | 1.85% | 1.38% | 1.42% | 1.51% | 1.37% | 1.81% |
| ▁▇██▇▅▅▃ | Efficiency Ratio (%) | 44.7% | 48.0% | 48.4% | 48.6% | 47.7% | 47.0% | 47.0% | 45.8% |
| ▆██▅▆▆▅▁ | Cost of Funds (%) | 1.54% | 1.62% | 1.60% | 1.49% | 1.53% | 1.54% | 1.48% | 1.31% |
| █▁▂▂▂▅▂▁ | NPA / Assets (%) | 0.65% | 0.28% | 0.33% | 0.35% | 0.34% | 0.46% | 0.33% | 0.28% |
| █▁▂▂▂▄▁▁ | Net Charge-Off Ratio (%) | 0.99% | 0.43% | 0.49% | 0.52% | 0.49% | 0.67% | 0.47% | 0.40% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $17 | $19 | $18 | $19 | $20 | $21 | $21 | $22 |
| ▁▁▃▄▆▆▇█ | Gross Loans ($M) | $104 | $102 | $107 | $110 | $115 | $116 | $119 | $121 |
| ▂▁▄▃▆▄▇█ | Total Deposits ($M) | $132 | $130 | $139 | $137 | $143 | $138 | $146 | $149 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 15% |
| Agricultural | 28% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 6% |