Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.49% | +0.75 | 2.74% |
| Return on Equity (%) | ▲ | 24.49% | +1.52 | 22.97% |
| Net Interest Margin (%) | ▲ | 5.90% | +0.55 | 5.35% |
| Efficiency Ratio (%) | ▼ | 36.93% | +1.70 | 35.23% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.07 | $3 |
| Cost of Funds (%) | ▲ | 0.71% | -0.09 | 0.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $298 | -48.39 | $346 |
| Gross Loans ($M) | ▲ | $161 | +15.71 | $145 |
| Loan Growth YoY (%) | ▲ | 61.70% | +15.88 | 45.82% |
| Total Deposits ($M) | ▼ | $256 | -53.96 | $310 |
| Shareholders Equity ($M) | ▲ | $41 | +5.47 | $36 |
| Tang. Book Value ($M) | ▲ | $41 | +5.47 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 61.70% | +15.88 | 45.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.73% | +0.44 | 1.29% |
| Allowance / Loans (%) | — | 1.76% | -0.36% | 2.12% |
| Net Charge-Off Ratio (%) | ▲ | 3.05% | -0.02 | 3.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.86% | -1.31 | 23.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▅▅▆▅ | Net Interest Margin (%) | 6.21% | 6.22% | 6.30% | 5.35% | 5.92% | 5.93% | 6.00% | 5.90% |
| ██▇▁▅▅▅▅ | Return on Assets (%) | 4.04% | 3.99% | 3.76% | 2.74% | 3.40% | 3.51% | 3.50% | 3.49% |
| ▁▁▁▆▆▇▇█ | Efficiency Ratio (%) | 31.5% | 30.8% | 31.0% | 35.2% | 35.0% | 35.4% | 35.5% | 36.9% |
| █▆▄▂█▄▂▁ | Cost of Funds (%) | 1.30% | 1.17% | 0.96% | 0.80% | 1.37% | 1.00% | 0.81% | 0.71% |
| ██▄▁▃▇▄▃ | NPA / Assets (%) | 2.69% | 2.62% | 1.88% | 1.29% | 1.70% | 2.49% | 1.83% | 1.73% |
| ██▃▁▁▇▂▁ | Net Charge-Off Ratio (%) | 4.47% | 4.43% | 3.54% | 3.07% | 3.16% | 4.21% | 3.26% | 3.05% |
| ▁▃▅▂▄▆█▇ | Tang. Book Value ($M) | $35 | $37 | $39 | $36 | $38 | $40 | $43 | $41 |
| ▄▄▂▁▁▅▇█ | Gross Loans ($M) | $151 | $152 | $148 | $145 | $144 | $153 | $157 | $161 |
| ▁▁▂█▁▁▃▃ | Total Deposits ($M) | $226 | $229 | $239 | $310 | $229 | $226 | $248 | $256 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 33% |
| C&I / Commercial | 24% |
| Agricultural | 12% |
| Other | 31% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 50% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 2% |