Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.69% | +0.31 | 1.38% |
| Return on Equity (%) | ▲ | 17.22% | +0.29 | 16.93% |
| Net Interest Margin (%) | ▲ | 3.40% | +0.37 | 3.03% |
| Efficiency Ratio (%) | ▲ | 49.86% | -2.66 | 52.52% |
| Pre-Provision Profit ($M) | ▲ | $23 | +3.81 | $19 |
| Cost of Funds (%) | ▲ | 1.56% | -0.28 | 1.85% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $5,282 | -140.89 | $5,423 |
| Gross Loans ($M) | ▼ | $3,490 | -41.43 | $3,532 |
| Loan Growth YoY (%) | ▼ | 75.70% | -1.79 | 77.49% |
| Total Deposits ($M) | ▲ | $4,558 | +53.63 | $4,505 |
| Shareholders Equity ($M) | ▲ | $514 | +49.29 | $465 |
| Tang. Book Value ($M) | ▲ | $429 | +56.31 | $372 |
| TBV excl. AOCI ($M)** | ▲ | $500 | +56.00 | $444 |
| Loan / Deposit Ratio (%) | ▼ | 75.70% | -1.79 | 77.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.43% | -0.09 | 0.52% |
| Allowance / Loans (%) | — | 1.13% | -0.03% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.62% | -0.05 | 0.68% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.06% | +0.67 | 13.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▆█ | Net Interest Margin (%) | 2.87% | 2.90% | 2.94% | 3.03% | 3.08% | 3.15% | 3.22% | 3.40% |
| ▁▁▁▂▃▄▅█ | Return on Assets (%) | 1.33% | 1.37% | 1.32% | 1.38% | 1.45% | 1.49% | 1.54% | 1.69% |
| ▇▇██▅▅▃▁ | Efficiency Ratio (%) | 52.2% | 51.9% | 52.6% | 52.5% | 51.5% | 51.3% | 50.5% | 49.9% |
| ███▆▆▅▂▁ | Cost of Funds (%) | 2.01% | 2.01% | 1.96% | 1.85% | 1.84% | 1.81% | 1.64% | 1.56% |
| ▇█▆▄▃▄▂▁ | NPA / Assets (%) | 0.57% | 0.61% | 0.54% | 0.52% | 0.48% | 0.50% | 0.46% | 0.43% |
| ▆█▄▃▁▂▃▁ | Net Charge-Off Ratio (%) | 0.75% | 0.82% | 0.71% | 0.68% | 0.62% | 0.65% | 0.68% | 0.62% |
| ▁▄▂▅▄▇██ | Tang. Book Value ($M) | $292 | $364 | $325 | $372 | $363 | $417 | $444 | $429 |
| ▅▄█▃▆▆▆▁ | Gross Loans ($M) | $3,555 | $3,544 | $3,605 | $3,532 | $3,571 | $3,564 | $3,573 | $3,490 |
| ▆▇▁▁▆▆█▃ | Total Deposits ($M) | $4,618 | $4,655 | $4,503 | $4,505 | $4,622 | $4,612 | $4,676 | $4,558 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 16% |
| Agricultural | 3% |
| Consumer | 2% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 15% |