Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.34 | 0.73% |
| Return on Equity (%) | ▲ | 12.32% | +3.81 | 8.51% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.45 | 3.10% |
| Efficiency Ratio (%) | ▲ | 56.18% | -9.48 | 65.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.22 | $0 |
| Cost of Funds (%) | ▲ | 2.24% | -0.18 | 2.42% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $155 | +13.06 | $142 |
| Gross Loans ($M) | ▲ | $129 | +16.77 | $112 |
| Loan Growth YoY (%) | ▲ | 98.76% | +6.73 | 92.03% |
| Total Deposits ($M) | ▲ | $130 | +8.57 | $121 |
| Shareholders Equity ($M) | ▲ | $13 | +1.29 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.30 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 98.76% | +6.73 | 92.03% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.39% | +0.08 | 0.31% |
| Allowance / Loans (%) | — | 0.99% | 0.00% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.08 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▄▄▅▆█ | Net Interest Margin (%) | 2.93% | 2.83% | 2.84% | 3.10% | 3.17% | 3.22% | 3.30% | 3.55% |
| ▂▁▁▁▂▄▅█ | Return on Assets (%) | 0.75% | 0.72% | 0.70% | 0.73% | 0.79% | 0.85% | 0.89% | 1.07% |
| ▇▇██▇▆▅▁ | Efficiency Ratio (%) | 63.6% | 64.2% | 65.0% | 65.7% | 63.9% | 62.3% | 61.2% | 56.2% |
| ▃██▃▁▃▃▁ | Cost of Funds (%) | 2.44% | 2.79% | 2.72% | 2.42% | 2.28% | 2.39% | 2.39% | 2.24% |
| ▂▁▁▂▄▂█▇ | NPA / Assets (%) | 0.31% | 0.29% | 0.29% | 0.31% | 0.34% | 0.31% | 0.41% | 0.39% |
| ▂▁▁▃▅▂██ | Net Charge-Off Ratio (%) | 0.38% | 0.35% | 0.36% | 0.39% | 0.43% | 0.37% | 0.48% | 0.47% |
| ▁▂▁▃▄▆▇█ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $12 | $13 | $13 | $13 |
| ▁▃▁▁▃▆██ | Gross Loans ($M) | $110 | $115 | $112 | $112 | $115 | $122 | $129 | $129 |
| ▁▃▃▅▆▇▇█ | Total Deposits ($M) | $111 | $116 | $116 | $121 | $123 | $126 | $127 | $130 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Agricultural | 7% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 30% |