Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.95% | +0.01 | 0.94% |
| Return on Equity (%) | ▼ | 4.62% | -0.14 | 4.76% |
| Net Interest Margin (%) | ▲ | 3.21% | +0.33 | 2.88% |
| Efficiency Ratio (%) | ▲ | 57.97% | -6.09 | 64.07% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $1 |
| Cost of Funds (%) | ▲ | 1.25% | -0.09 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $439 | +18.29 | $421 |
| Gross Loans ($M) | ▲ | $268 | +19.06 | $249 |
| Loan Growth YoY (%) | ▲ | 81.70% | +2.84 | 78.87% |
| Total Deposits ($M) | ▲ | $324 | +12.46 | $312 |
| Shareholders Equity ($M) | ▲ | $90 | +6.57 | $83 |
| Tang. Book Value ($M) | ▲ | $90 | +6.59 | $83 |
| TBV excl. AOCI ($M)** | ▲ | $96 | +6.33 | $90 |
| Loan / Deposit Ratio (%) | ▲ | 81.70% | +2.84 | 78.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.49% | -0.16 | 0.65% |
| Allowance / Loans (%) | — | 1.01% | -0.06% | 1.07% |
| Net Charge-Off Ratio (%) | ▲ | 0.81% | -0.30 | 1.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 38.52% | +0.64 | 37.87% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▄▄▅█ | Net Interest Margin (%) | 2.82% | 2.84% | 2.87% | 2.88% | 2.99% | 3.01% | 3.05% | 3.21% |
| ▃▁▃▁▅█▆▂ | Return on Assets (%) | 0.96% | 0.93% | 0.97% | 0.94% | 1.00% | 1.05% | 1.01% | 0.95% |
| █▇▆█▆▃▃▁ | Efficiency Ratio (%) | 64.0% | 63.0% | 62.2% | 64.1% | 62.4% | 59.8% | 59.8% | 58.0% |
| ▁▅█▅▅▅▅▁ | Cost of Funds (%) | 1.24% | 1.34% | 1.42% | 1.33% | 1.35% | 1.35% | 1.33% | 1.25% |
| ▁▇▇█▆▄▃▁ | NPA / Assets (%) | 0.51% | 0.63% | 0.62% | 0.65% | 0.61% | 0.56% | 0.55% | 0.49% |
| ▁▆▆█▆▄▃▁ | Net Charge-Off Ratio (%) | 0.84% | 1.03% | 1.01% | 1.11% | 1.01% | 0.93% | 0.89% | 0.81% |
| ▁▃▂▄▄▇██ | Tang. Book Value ($M) | $79 | $82 | $81 | $83 | $84 | $87 | $89 | $90 |
| ▁▂▂▁▃▄██ | Gross Loans ($M) | $247 | $250 | $251 | $249 | $253 | $256 | $267 | $268 |
| ▁▁▂▄▃▃▆█ | Total Deposits ($M) | $302 | $301 | $304 | $312 | $310 | $310 | $317 | $324 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 12% |
| Agricultural | 2% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 86% |
| Brokered / Other | 6% |