Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.57% | +0.16 | 1.41% |
| Return on Equity (%) | ▲ | 10.66% | +0.37 | 10.29% |
| Net Interest Margin (%) | ▲ | 2.91% | +0.11 | 2.79% |
| Efficiency Ratio (%) | ▲ | 44.43% | -5.07 | 49.50% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.21 | $1 |
| Cost of Funds (%) | ▲ | 2.14% | -0.06 | 2.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $304 | +16.79 | $287 |
| Gross Loans ($M) | ▲ | $212 | +17.81 | $194 |
| Loan Growth YoY (%) | ▲ | 104.58% | +5.91 | 98.67% |
| Total Deposits ($M) | ▲ | $201 | +5.98 | $195 |
| Shareholders Equity ($M) | ▲ | $44 | +4.49 | $40 |
| Tang. Book Value ($M) | ▲ | $44 | +4.49 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +4.52 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 104.58% | +5.91 | 98.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.96% | -0.06 | 1.02% |
| Allowance / Loans (%) | — | 0.91% | -0.07% | 0.98% |
| Net Charge-Off Ratio (%) | ▲ | 1.38% | -0.13 | 1.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 24.26% | -0.69 | 24.94% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▂▁▂▃▄▅ | Net Interest Margin (%) | 3.00% | 2.97% | 2.84% | 2.79% | 2.84% | 2.87% | 2.89% | 2.91% |
| █▇▃▂▁▂▂▄ | Return on Assets (%) | 1.81% | 1.73% | 1.49% | 1.41% | 1.34% | 1.45% | 1.42% | 1.57% |
| ▁▂▅▆█▆▇▃ | Efficiency Ratio (%) | 41.2% | 42.9% | 47.9% | 49.5% | 52.4% | 49.3% | 50.7% | 44.4% |
| ▁▅▇▆▅▆█▂ | Cost of Funds (%) | 2.11% | 2.18% | 2.23% | 2.20% | 2.18% | 2.21% | 2.25% | 2.14% |
| ▁▁██████ | NPA / Assets (%) | 0.14% | 0.14% | 1.01% | 1.02% | 1.07% | 1.03% | 0.98% | 0.96% |
| ▁▁██████ | Net Charge-Off Ratio (%) | 0.20% | 0.21% | 1.53% | 1.51% | 1.55% | 1.48% | 1.40% | 1.38% |
| ▁▃▂▃▃▆██ | Tang. Book Value ($M) | $38 | $40 | $39 | $40 | $40 | $43 | $44 | $44 |
| ▁▁▁▂▅▆▇█ | Gross Loans ($M) | $191 | $190 | $192 | $194 | $201 | $205 | $209 | $212 |
| ▁▃▆▆▇▇▆█ | Total Deposits ($M) | $185 | $190 | $196 | $195 | $197 | $198 | $195 | $201 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 72% |
| C&I / Commercial | 15% |
| Agricultural | 10% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 11% |