Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.08 | 1.13% |
| Return on Equity (%) | ▲ | 11.56% | +0.39 | 11.17% |
| Net Interest Margin (%) | ▲ | 3.92% | +0.45 | 3.46% |
| Efficiency Ratio (%) | ▲ | 62.66% | -2.15 | 64.80% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $1 |
| Cost of Funds (%) | ▲ | 1.58% | -0.22 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $430 | +38.95 | $391 |
| Gross Loans ($M) | ▲ | $316 | +35.31 | $280 |
| Loan Growth YoY (%) | ▲ | 81.80% | +2.01 | 79.79% |
| Total Deposits ($M) | ▲ | $381 | +34.69 | $346 |
| Shareholders Equity ($M) | ▲ | $45 | +4.78 | $41 |
| Tang. Book Value ($M) | ▲ | $45 | +4.81 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +5.32 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 81.80% | +2.01 | 79.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.01 | 0.20% |
| Allowance / Loans (%) | — | 1.31% | -0.17% | 1.48% |
| Net Charge-Off Ratio (%) | ▼ | 0.28% | +0.00 | 0.27% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.09% | -0.33 | 13.43% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▄▅▆█ | Net Interest Margin (%) | 3.33% | 3.40% | 3.42% | 3.46% | 3.56% | 3.67% | 3.74% | 3.92% |
| ▂▅▁▅▄█▅█ | Return on Assets (%) | 1.05% | 1.12% | 1.02% | 1.13% | 1.10% | 1.19% | 1.12% | 1.21% |
| ▅▂█▄▇▃█▁ | Efficiency Ratio (%) | 65.1% | 63.2% | 66.8% | 64.8% | 66.2% | 64.0% | 67.0% | 62.7% |
| ██▇▆▆▄▁▁ | Cost of Funds (%) | 1.84% | 1.88% | 1.82% | 1.80% | 1.78% | 1.72% | 1.61% | 1.58% |
| ▇▆▄▄█▁▂▄ | NPA / Assets (%) | 0.27% | 0.25% | 0.20% | 0.20% | 0.30% | 0.11% | 0.14% | 0.20% |
| ▇▇▅▄█▁▂▄ | Net Charge-Off Ratio (%) | 0.36% | 0.35% | 0.29% | 0.27% | 0.41% | 0.16% | 0.20% | 0.28% |
| ▁▄▁▃▅███ | Tang. Book Value ($M) | $38 | $40 | $38 | $40 | $41 | $44 | $44 | $45 |
| ▁▁▂▃▄▅▆█ | Gross Loans ($M) | $266 | $270 | $278 | $280 | $286 | $292 | $303 | $316 |
| ▁▂▄▄▄▆██ | Total Deposits ($M) | $317 | $327 | $350 | $346 | $344 | $362 | $383 | $381 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 17% |
| Consumer | 1% |
| Other | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 11% |