Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.76% | +0.00 | 1.76% |
| Return on Equity (%) | ▼ | 14.17% | -0.88 | 15.05% |
| Net Interest Margin (%) | ▲ | 5.28% | +0.16 | 5.13% |
| Efficiency Ratio (%) | ▲ | 53.67% | -0.35 | 54.03% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.10 | $2 |
| Cost of Funds (%) | ▲ | 2.27% | -0.37 | 2.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $429 | +22.05 | $407 |
| Gross Loans ($M) | ▲ | $333 | +32.98 | $300 |
| Loan Growth YoY (%) | ▲ | 89.21% | +5.77 | 83.44% |
| Total Deposits ($M) | ▲ | $369 | +13.89 | $355 |
| Shareholders Equity ($M) | ▲ | $53 | +5.27 | $48 |
| Tang. Book Value ($M) | ▲ | $53 | +5.27 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $54 | +5.21 | $49 |
| Loan / Deposit Ratio (%) | ▲ | 89.21% | +5.77 | 83.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.85% | +0.40 | 0.45% |
| Allowance / Loans (%) | — | 0.96% | -0.08% | 1.04% |
| Net Charge-Off Ratio (%) | ▲ | 0.35% | -0.24 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.14% | -0.59 | 15.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▁▁▁▂ | Net Interest Margin (%) | 5.89% | 5.82% | 5.77% | 5.13% | 5.16% | 5.16% | 5.14% | 5.28% |
| ██▇▄▃▂▁▄ | Return on Assets (%) | 2.06% | 2.07% | 2.00% | 1.76% | 1.69% | 1.63% | 1.55% | 1.76% |
| ▁▁▁▄▆▆█▄ | Efficiency Ratio (%) | 51.0% | 50.7% | 50.7% | 54.0% | 55.3% | 55.6% | 58.1% | 53.7% |
| ▄██▇█▆▅▁ | Cost of Funds (%) | 2.48% | 2.72% | 2.71% | 2.64% | 2.76% | 2.59% | 2.53% | 2.27% |
| ▁▂▁▄▂▁██ | NPA / Assets (%) | 0.14% | 0.29% | 0.21% | 0.45% | 0.28% | 0.17% | 0.90% | 0.85% |
| ▁▂▂█▄▂▅▄ | Net Charge-Off Ratio (%) | 0.17% | 0.26% | 0.27% | 0.59% | 0.38% | 0.23% | 0.39% | 0.35% |
| ▁▂▃▄▅▇▇█ | Tang. Book Value ($M) | $43 | $46 | $46 | $48 | $49 | $51 | $51 | $53 |
| ▃▂▃▁▁▁▂█ | Gross Loans ($M) | $308 | $304 | $308 | $300 | $300 | $303 | $306 | $333 |
| ▁▁▄▆▅▅▆█ | Total Deposits ($M) | $326 | $320 | $343 | $355 | $345 | $348 | $357 | $369 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 63% |
| C&I / Commercial | 30% |
| Agricultural | 2% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 28% |