Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 3.12% | -0.55 | 3.67% |
| Return on Equity (%) | ▼ | 27.24% | -2.95 | 30.19% |
| Net Interest Margin (%) | ▼ | 4.72% | -0.74 | 5.46% |
| Efficiency Ratio (%) | ▼ | 34.04% | +2.04 | 32.00% |
| Pre-Provision Profit ($M) | ▲ | $43 | +0.44 | $42 |
| Cost of Funds (%) | ▲ | 1.90% | -0.08 | 1.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $5,478 | +802.04 | $4,676 |
| Gross Loans ($M) | ▲ | $4,857 | +699.11 | $4,158 |
| Loan Growth YoY (%) | ▼ | 99.98% | -0.90 | 100.88% |
| Total Deposits ($M) | ▲ | $4,822 | +735.82 | $4,086 |
| Shareholders Equity ($M) | ▲ | $638 | +67.28 | $571 |
| Tang. Book Value ($M) | ▲ | $553 | +68.34 | $485 |
| Loan / Deposit Ratio (%) | ▼ | 99.98% | -0.90 | 100.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.35% | +0.76 | 0.59% |
| Allowance / Loans (%) | — | 0.75% | -0.12% | 0.87% |
| Net Charge-Off Ratio (%) | ▼ | 1.52% | +0.86 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -9.81 | 9.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▅▅▅▄▁ | Net Interest Margin (%) | 5.98% | 5.97% | 5.91% | 5.46% | 5.41% | 5.37% | 5.29% | 4.72% |
| █▆▆▅▅▅▄▁ | Return on Assets (%) | 4.12% | 3.85% | 3.82% | 3.67% | 3.71% | 3.66% | 3.60% | 3.12% |
| ▁▁▂▄▃▃▃█ | Efficiency Ratio (%) | 30.7% | 31.0% | 31.5% | 32.0% | 31.9% | 31.9% | 32.0% | 34.0% |
| ██▄▂▂▅▃▁ | Cost of Funds (%) | 2.37% | 2.38% | 2.12% | 1.99% | 2.02% | 2.18% | 2.03% | 1.90% |
| ▅▁▁▂▂▂▁█ | NPA / Assets (%) | 0.88% | 0.41% | 0.41% | 0.59% | 0.60% | 0.53% | 0.50% | 1.35% |
| ▅▁▁▂▂▁▁█ | Net Charge-Off Ratio (%) | 1.02% | 0.47% | 0.46% | 0.66% | 0.67% | 0.59% | 0.56% | 1.52% |
| ▅▆▁▃▅▇▆█ | Tang. Book Value ($M) | $510 | $528 | $460 | $485 | $512 | $538 | $528 | $553 |
| ▁▁▁▃▅▆▇█ | Gross Loans ($M) | $3,896 | $3,829 | $3,905 | $4,158 | $4,396 | $4,584 | $4,724 | $4,857 |
| ▁▁▁▂▄▆██ | Total Deposits ($M) | $3,914 | $3,901 | $3,958 | $4,086 | $4,336 | $4,547 | $4,816 | $4,822 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 25% |
| Agricultural | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 11% |