Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.14% | +0.24 | 0.89% |
| Return on Equity (%) | ▲ | 11.38% | +2.19 | 9.19% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.27 | 3.68% |
| Efficiency Ratio (%) | ▲ | 54.01% | -2.98 | 56.99% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $1 |
| Cost of Funds (%) | ▲ | 1.46% | -0.02 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +18.31 | $231 |
| Gross Loans ($M) | ▲ | $185 | +12.58 | $172 |
| Loan Growth YoY (%) | ▼ | 82.48% | -3.47 | 85.95% |
| Total Deposits ($M) | ▲ | $221 | +23.65 | $198 |
| Shareholders Equity ($M) | ▲ | $25 | +2.30 | $22 |
| Tang. Book Value ($M) | ▲ | $25 | +2.30 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.24 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 82.48% | -3.47 | 85.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.07 | 0.17% |
| Allowance / Loans (%) | — | 1.07% | -0.11% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.32% | +0.32 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.59% | -0.07 | 13.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅███ | Net Interest Margin (%) | 3.48% | 3.49% | 3.54% | 3.68% | 3.78% | 3.91% | 3.96% | 3.95% |
| ▁▁▄▃▄▇██ | Return on Assets (%) | 0.77% | 0.81% | 0.92% | 0.89% | 0.94% | 1.06% | 1.14% | 1.14% |
| █▇▆▅▄▁▁▂ | Efficiency Ratio (%) | 60.0% | 58.6% | 57.3% | 57.0% | 56.1% | 53.4% | 52.5% | 54.0% |
| ▆█▇▁▃▁▂▁ | Cost of Funds (%) | 1.66% | 1.74% | 1.69% | 1.48% | 1.54% | 1.46% | 1.51% | 1.46% |
| ▆▆▆▆▁▁██ | NPA / Assets (%) | 0.17% | 0.16% | 0.17% | 0.17% | 0.00% | 0.00% | 0.26% | 0.24% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.32% |
| ▁▂▂▂▄▆██ | Tang. Book Value ($M) | $22 | $22 | $22 | $22 | $23 | $24 | $25 | $25 |
| ▂▁▂▄▃▂▇█ | Gross Loans ($M) | $167 | $164 | $169 | $172 | $172 | $168 | $180 | $185 |
| ▁▁▂▂▂▆▇█ | Total Deposits ($M) | $193 | $194 | $200 | $198 | $197 | $212 | $215 | $221 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 52% |
| C&I / Commercial | 12% |
| Agricultural | 33% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 19% |