Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.09% | +0.36 | 1.73% |
| Return on Equity (%) | ▲ | 17.38% | +2.64 | 14.74% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.44 | 3.85% |
| Efficiency Ratio (%) | ▲ | 50.79% | -4.62 | 55.41% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.48 | $2 |
| Cost of Funds (%) | ▲ | 1.68% | -0.17 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $380 | +29.69 | $350 |
| Gross Loans ($M) | ▲ | $300 | +20.38 | $280 |
| Loan Growth YoY (%) | ▼ | 89.19% | -0.84 | 90.03% |
| Total Deposits ($M) | ▲ | $331 | +25.56 | $305 |
| Shareholders Equity ($M) | ▲ | $46 | +3.90 | $42 |
| Tang. Book Value ($M) | ▲ | $46 | +3.84 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +5.64 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 89.19% | -0.84 | 90.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.29 | 0.23% |
| Allowance / Loans (%) | — | 1.67% | -0.07% | 1.73% |
| Net Charge-Off Ratio (%) | ▼ | 0.63% | +0.37 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▅▆██ | Net Interest Margin (%) | 3.58% | 3.68% | 3.74% | 3.85% | 3.94% | 4.09% | 4.21% | 4.29% |
| ▁▂▁▄▃▅▅█ | Return on Assets (%) | 1.40% | 1.49% | 1.48% | 1.73% | 1.66% | 1.83% | 1.77% | 2.09% |
| █▇█▅▄▂▄▁ | Efficiency Ratio (%) | 58.7% | 57.5% | 58.2% | 55.4% | 54.8% | 52.6% | 53.8% | 50.8% |
| ▇██▄▃▃▃▁ | Cost of Funds (%) | 1.99% | 2.03% | 2.01% | 1.85% | 1.78% | 1.78% | 1.81% | 1.68% |
| ▂▁█▂▁▆▇█ | NPA / Assets (%) | 0.24% | 0.21% | 0.52% | 0.23% | 0.19% | 0.42% | 0.47% | 0.52% |
| ▁▁█▂▁▇▆█ | Net Charge-Off Ratio (%) | 0.25% | 0.20% | 0.60% | 0.26% | 0.22% | 0.53% | 0.49% | 0.63% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $38 | $40 | $41 | $42 | $42 | $43 | $45 | $46 |
| ▃▄▄▁▃▆██ | Gross Loans ($M) | $287 | $291 | $291 | $280 | $286 | $296 | $302 | $300 |
| ▁▁▂▂█▆▆▇ | Total Deposits ($M) | $303 | $300 | $305 | $305 | $340 | $327 | $326 | $331 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 9% |
| Agricultural | 3% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 14% |