Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.59 | 0.93% |
| Return on Equity (%) | ▲ | 16.01% | +5.41 | 10.60% |
| Net Interest Margin (%) | ▲ | 4.41% | +0.46 | 3.95% |
| Efficiency Ratio (%) | ▲ | 65.30% | -4.50 | 69.81% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $1 |
| Cost of Funds (%) | ▲ | 1.54% | -0.12 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $431 | +8.72 | $422 |
| Gross Loans ($M) | ▲ | $318 | +6.87 | $311 |
| Loan Growth YoY (%) | ▲ | 81.07% | +0.56 | 80.51% |
| Total Deposits ($M) | ▲ | $387 | +5.25 | $382 |
| Shareholders Equity ($M) | ▲ | $42 | +3.49 | $38 |
| Tang. Book Value ($M) | ▲ | $39 | +3.54 | $36 |
| TBV excl. AOCI ($M)** | ▲ | $44 | +3.49 | $40 |
| Loan / Deposit Ratio (%) | ▲ | 81.07% | +0.56 | 80.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.99% | +0.84 | 0.15% |
| Allowance / Loans (%) | — | 1.29% | 0.12% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 1.29% | +1.09 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.80% | +0.48 | 12.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 3.60% | 3.63% | 3.68% | 3.95% | 4.05% | 4.03% | 4.12% | 4.41% |
| ▁▁▂▁▃▃▄█ | Return on Assets (%) | 0.92% | 0.94% | 1.00% | 0.93% | 1.14% | 1.12% | 1.22% | 1.53% |
| ██▇▄▂▃▂▁ | Efficiency Ratio (%) | 75.1% | 74.1% | 73.3% | 69.8% | 67.7% | 68.8% | 67.4% | 65.3% |
| ▅█▇▄▅▆▄▁ | Cost of Funds (%) | 1.72% | 1.84% | 1.79% | 1.66% | 1.69% | 1.74% | 1.66% | 1.54% |
| ▁▁▁▁▄▇▇█ | NPA / Assets (%) | 0.15% | 0.17% | 0.12% | 0.15% | 0.50% | 0.79% | 0.78% | 0.99% |
| ▁▁▁▁▄▆▆█ | Net Charge-Off Ratio (%) | 0.21% | 0.24% | 0.15% | 0.20% | 0.67% | 0.99% | 0.99% | 1.29% |
| ▁▄▂▄▄▇██ | Tang. Book Value ($M) | $33 | $36 | $34 | $36 | $36 | $38 | $39 | $39 |
| ▁▁▃▄▅██▆ | Gross Loans ($M) | $298 | $302 | $307 | $311 | $316 | $324 | $328 | $318 |
| ▁▁▃▇▇▇▅█ | Total Deposits ($M) | $351 | $348 | $358 | $382 | $381 | $379 | $371 | $387 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 9% |
| Agricultural | 12% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 8% |