Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.14 | 0.80% |
| Return on Equity (%) | ▲ | 8.63% | +0.30 | 8.33% |
| Net Interest Margin (%) | ▼ | 3.11% | -0.07 | 3.18% |
| Efficiency Ratio (%) | ▼ | 61.82% | +5.60 | 56.22% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.42 | $3 |
| Cost of Funds (%) | ▲ | 2.74% | -0.16 | 2.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $773 | -4.02 | $777 |
| Gross Loans ($M) | ▲ | $562 | +13.71 | $548 |
| Loan Growth YoY (%) | ▲ | 93.23% | +2.40 | 90.83% |
| Total Deposits ($M) | ▼ | $596 | -1.81 | $598 |
| Shareholders Equity ($M) | ▲ | $84 | +8.22 | $76 |
| Tang. Book Value ($M) | ▲ | $74 | +8.50 | $65 |
| TBV excl. AOCI ($M)** | ▲ | $81 | +7.28 | $74 |
| Loan / Deposit Ratio (%) | ▲ | 93.23% | +2.40 | 90.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.41% | +1.66 | 1.75% |
| Allowance / Loans (%) | — | 1.08% | 0.17% | 0.91% |
| Net Charge-Off Ratio (%) | ▼ | 4.69% | +2.23 | 2.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.93% | +1.46 | 13.47% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▅▇▃▄▄█▁ | Net Interest Margin (%) | 3.25% | 3.25% | 3.29% | 3.18% | 3.21% | 3.23% | 3.35% | 3.11% |
| █▇▅▁▁▁▂▄ | Return on Assets (%) | 1.15% | 1.08% | 0.99% | 0.80% | 0.83% | 0.79% | 0.86% | 0.94% |
| ▁▂▂▃▂▄▄█ | Efficiency Ratio (%) | 53.3% | 55.4% | 54.5% | 56.2% | 54.9% | 56.8% | 56.6% | 61.8% |
| ▅█▅▄▂▄▄▁ | Cost of Funds (%) | 2.95% | 3.15% | 2.99% | 2.90% | 2.82% | 2.92% | 2.94% | 2.74% |
| ▁▁▂▄▄▃▂█ | NPA / Assets (%) | 0.66% | 0.76% | 1.23% | 1.75% | 1.75% | 1.61% | 1.24% | 3.41% |
| ▁▁▂▄▄▃▂█ | Net Charge-Off Ratio (%) | 0.94% | 1.09% | 1.75% | 2.46% | 2.45% | 2.22% | 1.67% | 4.69% |
| ▁▂▂▄▅▆██ | Tang. Book Value ($M) | $59 | $62 | $63 | $65 | $67 | $70 | $72 | $74 |
| ▁▂▄▆████ | Gross Loans ($M) | $512 | $523 | $537 | $548 | $559 | $565 | $564 | $562 |
| ▁▃▅▅▆█▃▅ | Total Deposits ($M) | $565 | $580 | $599 | $598 | $604 | $620 | $580 | $596 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 20% |
| Agricultural | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 35% |