Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.31 | 1.22% |
| Return on Equity (%) | ▲ | 15.51% | +2.87 | 12.64% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.44 | 3.28% |
| Efficiency Ratio (%) | ▲ | 55.50% | -4.65 | 60.16% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.56 | $2 |
| Cost of Funds (%) | ▲ | 1.96% | -0.19 | 2.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $567 | +42.55 | $525 |
| Gross Loans ($M) | ▲ | $431 | +50.87 | $380 |
| Loan Growth YoY (%) | ▲ | 86.53% | +3.80 | 82.73% |
| Total Deposits ($M) | ▲ | $493 | +38.19 | $455 |
| Shareholders Equity ($M) | ▲ | $55 | +4.19 | $51 |
| Tang. Book Value ($M) | ▲ | $54 | +4.22 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $57 | +4.23 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 86.53% | +3.80 | 82.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.15% | -0.25 | 0.40% |
| Allowance / Loans (%) | — | 1.14% | -0.01% | 1.15% |
| Net Charge-Off Ratio (%) | ▲ | 0.20% | -0.35 | 0.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▅▁▅▇██ | Net Interest Margin (%) | 3.48% | 3.54% | 3.51% | 3.28% | 3.55% | 3.65% | 3.71% | 3.72% |
| ▃▅▅▁▆█▇█ | Return on Assets (%) | 1.32% | 1.39% | 1.39% | 1.22% | 1.44% | 1.50% | 1.46% | 1.53% |
| ▆▅▅█▃▂▂▁ | Efficiency Ratio (%) | 59.0% | 57.9% | 58.1% | 60.2% | 56.9% | 56.2% | 56.6% | 55.5% |
| ▂▅▆▅█▇▄▁ | Cost of Funds (%) | 2.03% | 2.16% | 2.17% | 2.15% | 2.28% | 2.21% | 2.11% | 1.96% |
| ▁██▇▇▃▂▃ | NPA / Assets (%) | 0.01% | 0.47% | 0.50% | 0.40% | 0.44% | 0.17% | 0.11% | 0.15% |
| ▁██▇▇▃▂▃ | Net Charge-Off Ratio (%) | 0.01% | 0.60% | 0.66% | 0.55% | 0.56% | 0.22% | 0.13% | 0.20% |
| ▁▃▂▄▆▇▆█ | Tang. Book Value ($M) | $47 | $49 | $48 | $50 | $52 | $53 | $52 | $54 |
| ▁▁▃▃▆▆██ | Gross Loans ($M) | $361 | $368 | $381 | $380 | $410 | $413 | $430 | $431 |
| ▁▂▄▆▅▄▆█ | Total Deposits ($M) | $386 | $401 | $440 | $455 | $445 | $436 | $461 | $493 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 17% |
| Agricultural | 13% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 17% |