Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.11% | -0.07 | 2.18% |
| Return on Equity (%) | ▼ | 18.89% | -0.86 | 19.75% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.03 | 4.03% |
| Efficiency Ratio (%) | ▼ | 48.88% | +1.57 | 47.30% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.00 | $1 |
| Cost of Funds (%) | ▲ | 1.27% | -0.04 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $115 | +6.93 | $108 |
| Gross Loans ($M) | ▲ | $60 | +6.94 | $53 |
| Loan Growth YoY (%) | ▲ | 58.12% | +3.35 | 54.77% |
| Total Deposits ($M) | ▲ | $102 | +6.43 | $96 |
| Shareholders Equity ($M) | ▲ | $13 | +0.46 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +0.46 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +0.50 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 58.12% | +3.35 | 54.77% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.13% | +0.25 | 0.88% |
| Allowance / Loans (%) | — | 1.28% | -0.17% | 1.44% |
| Net Charge-Off Ratio (%) | ▼ | 2.16% | +0.37 | 1.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅█▄▇██▆ | Net Interest Margin (%) | 3.93% | 4.06% | 4.13% | 4.03% | 4.10% | 4.12% | 4.14% | 4.07% |
| ▁▇█▃▆█▅▁ | Return on Assets (%) | 2.12% | 2.29% | 2.32% | 2.18% | 2.27% | 2.32% | 2.24% | 2.11% |
| ▄▁▁▆▄▂▅█ | Efficiency Ratio (%) | 46.1% | 43.5% | 43.8% | 47.3% | 45.9% | 44.5% | 46.7% | 48.9% |
| ▅▃▅▄▅██▁ | Cost of Funds (%) | 1.32% | 1.30% | 1.32% | 1.31% | 1.33% | 1.35% | 1.36% | 1.27% |
| ▄▃▁▂▄█▇▆ | NPA / Assets (%) | 0.98% | 0.92% | 0.79% | 0.88% | 1.02% | 1.28% | 1.20% | 1.13% |
| ▅▃▁▁▄█▆▅ | Net Charge-Off Ratio (%) | 2.16% | 2.01% | 1.68% | 1.79% | 2.08% | 2.61% | 2.35% | 2.16% |
| ▁▄▃▆▄█▅█ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $12 | $13 | $12 | $13 |
| ▁▂▃▄▅▅▆█ | Gross Loans ($M) | $48 | $50 | $52 | $53 | $54 | $55 | $56 | $60 |
| ▁▃▄▁▃▅▂█ | Total Deposits ($M) | $96 | $98 | $98 | $96 | $97 | $99 | $96 | $102 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Agricultural | 1% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |