Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.27% | +0.33 | 1.94% |
| Return on Equity (%) | ▲ | 18.18% | +0.52 | 17.66% |
| Net Interest Margin (%) | ▲ | 5.07% | +0.69 | 4.39% |
| Efficiency Ratio (%) | ▲ | 38.79% | -5.98 | 44.76% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.30 | $4 |
| Cost of Funds (%) | ▲ | 1.41% | -0.11 | 1.52% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $639 | +45.72 | $593 |
| Gross Loans ($M) | ▲ | $496 | +60.08 | $436 |
| Loan Growth YoY (%) | ▲ | 89.36% | +5.78 | 83.59% |
| Total Deposits ($M) | ▲ | $549 | +33.19 | $516 |
| Shareholders Equity ($M) | ▲ | $79 | +12.59 | $66 |
| Tang. Book Value ($M) | ▲ | $78 | +12.65 | $66 |
| TBV excl. AOCI ($M)** | ▲ | $83 | +11.61 | $72 |
| Loan / Deposit Ratio (%) | ▲ | 89.36% | +5.78 | 83.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.08% | +0.67 | 0.42% |
| Allowance / Loans (%) | — | 1.08% | -0.00% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.40% | +0.83 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 4.03% | 4.04% | 4.09% | 4.39% | 4.49% | 4.61% | 4.70% | 5.07% |
| ▁▁▁▄▅▆▆█ | Return on Assets (%) | 1.68% | 1.69% | 1.70% | 1.94% | 2.03% | 2.11% | 2.08% | 2.27% |
| ███▇▆▅▄▁ | Efficiency Ratio (%) | 46.4% | 46.2% | 45.9% | 44.8% | 43.9% | 42.8% | 42.4% | 38.8% |
| ▇█▆▄▄▃▂▁ | Cost of Funds (%) | 1.64% | 1.69% | 1.59% | 1.52% | 1.53% | 1.49% | 1.47% | 1.41% |
| ▁▁▃▄▄▄▂█ | NPA / Assets (%) | 0.01% | 0.03% | 0.40% | 0.42% | 0.41% | 0.42% | 0.20% | 1.08% |
| ▁▁▃▄▄▄▂█ | Net Charge-Off Ratio (%) | 0.02% | 0.04% | 0.53% | 0.57% | 0.55% | 0.55% | 0.26% | 1.40% |
| ▁▂▂▄▅▆██ | Tang. Book Value ($M) | $57 | $62 | $62 | $66 | $69 | $73 | $76 | $78 |
| ▁▂▂▂▄▅▆█ | Gross Loans ($M) | $417 | $427 | $432 | $436 | $450 | $462 | $473 | $496 |
| ▁▂▂▄▄▅▅█ | Total Deposits ($M) | $484 | $496 | $499 | $516 | $513 | $519 | $517 | $549 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 10% |
| Agricultural | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 63% |
| Interest-Bearing (core) | 33% |
| Brokered / Other | 4% |