Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.05% | +0.78 | 1.27% |
| Return on Equity (%) | ▲ | 23.11% | +9.13 | 13.98% |
| Net Interest Margin (%) | ▲ | 4.31% | +0.07 | 4.24% |
| Efficiency Ratio (%) | ▲ | 51.57% | -14.27 | 65.85% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.72 | $1 |
| Cost of Funds (%) | ▲ | 1.42% | -0.23 | 1.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $358 | +44.61 | $313 |
| Gross Loans ($M) | ▲ | $208 | +17.75 | $190 |
| Loan Growth YoY (%) | ▼ | 63.12% | -3.53 | 66.65% |
| Total Deposits ($M) | ▲ | $325 | +43.11 | $281 |
| Shareholders Equity ($M) | ▲ | $30 | +1.79 | $29 |
| Tang. Book Value ($M) | ▲ | $27 | +2.00 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +3.28 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 63.12% | -3.53 | 66.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.43% | -0.67 | 1.10% |
| Allowance / Loans (%) | — | 1.52% | 0.10% | 1.41% |
| Net Charge-Off Ratio (%) | ▲ | 0.62% | -1.18 | 1.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.08% | -0.86 | 12.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▅▆██▇ | Net Interest Margin (%) | 4.08% | 4.06% | 3.94% | 4.24% | 4.29% | 4.38% | 4.42% | 4.31% |
| ▅▃▁▃▃▅▆█ | Return on Assets (%) | 1.55% | 1.22% | 0.94% | 1.27% | 1.35% | 1.60% | 1.64% | 2.05% |
| ▆▆██▇▄▄▁ | Efficiency Ratio (%) | 62.1% | 62.8% | 67.1% | 65.8% | 63.4% | 58.3% | 57.7% | 51.6% |
| ▁▂█▃▂▂▁▁ | Cost of Funds (%) | 1.51% | 1.63% | 2.28% | 1.64% | 1.56% | 1.55% | 1.51% | 1.42% |
| █▅▇▆▅▆▆▁ | NPA / Assets (%) | 1.37% | 0.98% | 1.15% | 1.10% | 1.00% | 1.08% | 1.06% | 0.43% |
| █▆▇▇▆▆▆▁ | Net Charge-Off Ratio (%) | 2.12% | 1.59% | 1.89% | 1.80% | 1.62% | 1.63% | 1.64% | 0.62% |
| ▁▂▅▆▇███ | Tang. Book Value ($M) | $19 | $20 | $23 | $25 | $25 | $27 | $27 | $27 |
| ▁▁▅▆▆███ | Gross Loans ($M) | $149 | $150 | $184 | $190 | $193 | $202 | $203 | $208 |
| ▁▁▅▆▆▆▇█ | Total Deposits ($M) | $205 | $217 | $271 | $281 | $288 | $290 | $301 | $325 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 73% |
| C&I / Commercial | 12% |
| Agricultural | 12% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 5% |