Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.89% | +0.42 | 1.47% |
| Return on Equity (%) | ▲ | 18.46% | +0.91 | 17.55% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.58 | 3.89% |
| Efficiency Ratio (%) | ▲ | 58.89% | -6.51 | 65.40% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.42 | $1 |
| Cost of Funds (%) | ▲ | 1.03% | -0.05 | 1.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $286 | +4.62 | $281 |
| Gross Loans ($M) | ▲ | $187 | +9.67 | $178 |
| Loan Growth YoY (%) | ▲ | 72.47% | +3.95 | 68.51% |
| Total Deposits ($M) | ▼ | $256 | -0.28 | $256 |
| Shareholders Equity ($M) | ▲ | $29 | +4.77 | $24 |
| Tang. Book Value ($M) | ▲ | $29 | +4.77 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +4.64 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 72.47% | +3.95 | 68.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.41% | -0.38 | 0.79% |
| Allowance / Loans (%) | — | 1.03% | -0.20% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.62% | -0.63 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.66% | +1.10 | 16.56% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 3.29% | 3.39% | 3.50% | 3.89% | 4.03% | 4.11% | 4.22% | 4.47% |
| ▃▁▁▆▇▇▇█ | Return on Assets (%) | 0.76% | 0.29% | 0.21% | 1.47% | 1.61% | 1.66% | 1.62% | 1.89% |
| █▇█▅▃▃▄▁ | Efficiency Ratio (%) | 70.8% | 69.3% | 69.7% | 65.4% | 63.3% | 62.9% | 63.8% | 58.9% |
| █▇█▄▅▅▆▁ | Cost of Funds (%) | 1.15% | 1.14% | 1.16% | 1.09% | 1.11% | 1.11% | 1.12% | 1.03% |
| █▇▃▃▂▂▁▁ | NPA / Assets (%) | 1.73% | 1.46% | 0.80% | 0.79% | 0.66% | 0.69% | 0.41% | 0.41% |
| █▇▃▃▂▂▁▁ | Net Charge-Off Ratio (%) | 2.61% | 2.22% | 1.24% | 1.25% | 1.01% | 1.02% | 0.63% | 0.62% |
| ▁▁▁▃▅▇██ | Tang. Book Value ($M) | $22 | $23 | $22 | $24 | $26 | $28 | $29 | $29 |
| ▂▄▁▂▅▅▆█ | Gross Loans ($M) | $178 | $181 | $176 | $178 | $182 | $183 | $183 | $187 |
| ▁▄▅█▁█▆█ | Total Deposits ($M) | $246 | $251 | $252 | $256 | $247 | $257 | $254 | $256 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| C&I / Commercial | 21% |
| Agricultural | 8% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 4% |