Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.14 | 0.76% |
| Return on Equity (%) | ▲ | 6.74% | +0.42 | 6.32% |
| Net Interest Margin (%) | ▲ | 5.45% | +0.39 | 5.06% |
| Efficiency Ratio (%) | ▲ | 75.29% | -5.85 | 81.14% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.39% | -0.18 | 1.57% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $105 | -0.48 | $106 |
| Gross Loans ($M) | ▲ | $64 | +0.63 | $64 |
| Loan Growth YoY (%) | ▲ | 70.17% | +2.48 | 67.70% |
| Total Deposits ($M) | ▼ | $89 | -2.23 | $91 |
| Shareholders Equity ($M) | ▲ | $14 | +1.13 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +1.13 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.95 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 70.17% | +2.48 | 67.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.53% | +0.19 | 3.34% |
| Allowance / Loans (%) | — | 2.95% | -0.13% | 3.08% |
| Net Charge-Off Ratio (%) | ▼ | 4.45% | +0.34 | 4.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.81% | +1.04 | 16.77% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▃▄██▇ | Net Interest Margin (%) | 4.75% | 4.86% | 4.87% | 5.06% | 5.15% | 5.65% | 5.58% | 5.45% |
| ▁▄▇▁▂█▆▄ | Return on Assets (%) | 0.80% | 0.88% | 1.01% | 0.76% | 0.84% | 1.07% | 0.96% | 0.90% |
| ▆▄▂█▆▁▂▂ | Efficiency Ratio (%) | 78.6% | 77.0% | 75.2% | 81.1% | 78.9% | 73.3% | 74.5% | 75.3% |
| ▆▇█▆▅▄▁▃ | Cost of Funds (%) | 1.57% | 1.64% | 1.71% | 1.57% | 1.50% | 1.47% | 1.24% | 1.39% |
| ▁▃▁▂▇▆█▃ | NPA / Assets (%) | 3.04% | 3.51% | 3.02% | 3.34% | 4.14% | 4.05% | 4.40% | 3.53% |
| ▁▂▁▃▅▄█▄ | Net Charge-Off Ratio (%) | 3.45% | 3.79% | 3.56% | 4.11% | 4.74% | 4.42% | 5.59% | 4.45% |
| ▄▆▁▂▅███ | Tang. Book Value ($M) | $13 | $13 | $13 | $13 | $13 | $14 | $14 | $14 |
| ▅█▂▁▄▄▁▁ | Gross Loans ($M) | $69 | $75 | $66 | $64 | $68 | $68 | $64 | $64 |
| ▂▂▇█▄▁▄▇ | Total Deposits ($M) | $83 | $83 | $90 | $91 | $85 | $81 | $86 | $89 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| C&I / Commercial | 9% |
| Agricultural | 34% |
| Consumer | 4% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 4% |