Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.82% | +0.42 | 0.40% |
| Return on Equity (%) | ▲ | 11.56% | +5.28 | 6.28% |
| Net Interest Margin (%) | ▲ | 3.91% | +0.39 | 3.52% |
| Efficiency Ratio (%) | ▲ | 75.83% | -10.73 | 86.55% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.38 | $0 |
| Cost of Funds (%) | ▲ | 1.60% | -0.08 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $291 | +15.72 | $275 |
| Gross Loans ($M) | ▲ | $195 | +5.89 | $189 |
| Loan Growth YoY (%) | ▼ | 71.81% | -1.55 | 73.36% |
| Total Deposits ($M) | ▲ | $268 | +13.64 | $254 |
| Shareholders Equity ($M) | ▲ | $21 | +2.63 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.72 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.61 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 71.81% | -1.55 | 73.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.22 | 0.40% |
| Allowance / Loans (%) | — | 1.30% | -0.02% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.28% | -0.31 | 0.58% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.41% | +0.42 | 10.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▆▇█ | Net Interest Margin (%) | 2.94% | 3.02% | 3.12% | 3.52% | 3.61% | 3.65% | 3.74% | 3.91% |
| ▁▁▁▃▄▅▆█ | Return on Assets (%) | 0.21% | 0.23% | 0.28% | 0.40% | 0.46% | 0.54% | 0.59% | 0.82% |
| █▇▇▅▄▃▂▁ | Efficiency Ratio (%) | 93.9% | 91.6% | 90.4% | 86.6% | 84.0% | 82.1% | 80.3% | 75.8% |
| █▇▆▂▅▄▄▁ | Cost of Funds (%) | 1.96% | 1.90% | 1.85% | 1.68% | 1.79% | 1.77% | 1.74% | 1.60% |
| ▁█▅▄▁▁▁▂ | NPA / Assets (%) | 0.03% | 0.87% | 0.46% | 0.40% | 0.12% | 0.09% | 0.07% | 0.19% |
| ▁█▅▄▁▁▁▂ | Net Charge-Off Ratio (%) | 0.05% | 1.29% | 0.68% | 0.58% | 0.17% | 0.13% | 0.11% | 0.28% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $16 | $17 | $17 | $18 | $18 | $19 | $20 | $20 |
| ▁▂▃▆▆▇▇█ | Gross Loans ($M) | $179 | $182 | $185 | $189 | $190 | $192 | $193 | $195 |
| ▁▃▄▄▅▇██ | Total Deposits ($M) | $243 | $251 | $255 | $254 | $256 | $263 | $266 | $268 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Agricultural | 2% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 86% |
| Brokered / Other | 7% |