Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.24% | +0.45 | 0.79% |
| Return on Equity (%) | ▲ | 14.40% | +4.45 | 9.95% |
| Net Interest Margin (%) | ▲ | 4.36% | +0.42 | 3.94% |
| Efficiency Ratio (%) | ▲ | 64.12% | -5.24 | 69.36% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.88 | $2 |
| Cost of Funds (%) | ▲ | 1.52% | -0.25 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $825 | +42.53 | $782 |
| Gross Loans ($M) | ▲ | $691 | +66.42 | $625 |
| Loan Growth YoY (%) | ▲ | 96.89% | +6.07 | 90.81% |
| Total Deposits ($M) | ▲ | $707 | +25.06 | $682 |
| Shareholders Equity ($M) | ▲ | $71 | +7.74 | $64 |
| Tang. Book Value ($M) | ▲ | $66 | +7.90 | $58 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +7.89 | $62 |
| Loan / Deposit Ratio (%) | ▲ | 96.89% | +6.07 | 90.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.60% | -0.00 | 0.61% |
| Allowance / Loans (%) | — | 0.85% | 0.02% | 0.83% |
| Net Charge-Off Ratio (%) | ▲ | 0.63% | -0.00 | 0.63% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.66% | -0.10 | 10.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▇█ | Net Interest Margin (%) | 3.64% | 3.70% | 3.75% | 3.94% | 4.06% | 4.15% | 4.21% | 4.36% |
| ▁▁▂▂▃▄▅█ | Return on Assets (%) | 0.66% | 0.71% | 0.75% | 0.79% | 0.85% | 0.90% | 1.01% | 1.24% |
| ██▅▄▃▂▁▁ | Efficiency Ratio (%) | 74.6% | 73.4% | 70.7% | 69.4% | 67.2% | 65.7% | 64.2% | 64.1% |
| ███▅▄▄▂▁ | Cost of Funds (%) | 1.94% | 1.98% | 1.93% | 1.77% | 1.72% | 1.69% | 1.62% | 1.52% |
| ▁▁█▇▇▆▇▇ | NPA / Assets (%) | 0.10% | 0.16% | 0.72% | 0.61% | 0.63% | 0.56% | 0.62% | 0.60% |
| ▁▁█▇▇▆▇▇ | Net Charge-Off Ratio (%) | 0.13% | 0.20% | 0.80% | 0.63% | 0.64% | 0.60% | 0.65% | 0.63% |
| ▁▃▃▄▅▆██ | Tang. Book Value ($M) | $51 | $55 | $55 | $58 | $59 | $62 | $64 | $66 |
| ▁▂▂▂▄▄██ | Gross Loans ($M) | $607 | $619 | $628 | $625 | $645 | $648 | $682 | $691 |
| ▁▃▃▅▆▇▇█ | Total Deposits ($M) | $652 | $667 | $667 | $682 | $688 | $700 | $699 | $707 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 5% |
| Agricultural | 1% |
| Consumer | 22% |
| Other | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 5% |