Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.70% | +0.33 | 1.37% |
| Return on Equity (%) | ▲ | 19.69% | +4.35 | 15.34% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.32 | 3.33% |
| Efficiency Ratio (%) | ▲ | 46.45% | -13.54 | 59.99% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.32 | $1 |
| Cost of Funds (%) | ▲ | 2.06% | -0.04 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $175 | +13.51 | $162 |
| Gross Loans ($M) | ▲ | $130 | +15.10 | $115 |
| Loan Growth YoY (%) | ▲ | 89.44% | +9.51 | 79.93% |
| Total Deposits ($M) | ▲ | $144 | +1.63 | $142 |
| Shareholders Equity ($M) | ▲ | $16 | +0.99 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +0.99 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +0.94 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 89.44% | +9.51 | 79.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.92% | +0.51 | 0.40% |
| Allowance / Loans (%) | — | 0.93% | -0.02% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 1.24% | +0.67 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 2.96% | 3.01% | 3.08% | 3.33% | 3.44% | 3.47% | 3.54% | 3.65% |
| ▁▁▁▆▆▆▄█ | Return on Assets (%) | 0.73% | 0.78% | 0.72% | 1.37% | 1.42% | 1.40% | 1.12% | 1.70% |
| ███▄▄▄▆▁ | Efficiency Ratio (%) | 75.0% | 73.3% | 75.9% | 60.0% | 59.7% | 59.5% | 65.0% | 46.4% |
| ▄█▇▂▅▄▄▁ | Cost of Funds (%) | 2.17% | 2.30% | 2.24% | 2.09% | 2.19% | 2.15% | 2.16% | 2.06% |
| █▁▁▂█▆▁▄ | NPA / Assets (%) | 1.81% | 0.33% | 0.17% | 0.40% | 1.98% | 1.38% | 0.23% | 0.92% |
| █▁▁▂█▆▁▄ | Net Charge-Off Ratio (%) | 2.53% | 0.45% | 0.24% | 0.57% | 2.64% | 1.93% | 0.32% | 1.24% |
| ▁▄▁▃▆█▅▇ | Tang. Book Value ($M) | $14 | $15 | $14 | $15 | $15 | $16 | $15 | $16 |
| ▁▁▁▂▆▆██ | Gross Loans ($M) | $111 | $114 | $113 | $115 | $124 | $124 | $128 | $130 |
| ▁▂▂▃▂▆█▄ | Total Deposits ($M) | $133 | $136 | $138 | $142 | $138 | $151 | $158 | $144 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 62% |
| C&I / Commercial | 10% |
| Agricultural | 23% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 12% |