Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.49 | 0.65% |
| Return on Equity (%) | ▲ | 12.27% | +4.41 | 7.86% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.74 | 3.61% |
| Efficiency Ratio (%) | ▲ | 66.75% | -11.65 | 78.40% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.33 | $0 |
| Cost of Funds (%) | ▲ | 1.31% | -0.23 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $174 | +5.16 | $168 |
| Gross Loans ($M) | ▲ | $121 | +6.39 | $114 |
| Loan Growth YoY (%) | ▲ | 81.38% | +1.48 | 79.90% |
| Total Deposits ($M) | ▲ | $147 | +4.76 | $142 |
| Shareholders Equity ($M) | ▲ | $16 | +1.69 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.69 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.71 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 81.38% | +1.48 | 79.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.90% | -0.20 | 1.10% |
| Allowance / Loans (%) | — | 1.04% | 0.30% | 0.74% |
| Net Charge-Off Ratio (%) | ▲ | 1.21% | -0.22 | 1.44% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 16.72% | -0.01 | 16.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▄▅█ | Net Interest Margin (%) | 3.32% | 3.34% | 3.40% | 3.61% | 3.74% | 3.82% | 3.92% | 4.35% |
| ▁▁▁▃▃▃▃█ | Return on Assets (%) | 0.51% | 0.45% | 0.43% | 0.65% | 0.61% | 0.67% | 0.61% | 1.15% |
| ███▆▅▄▅▁ | Efficiency Ratio (%) | 82.9% | 82.8% | 83.8% | 78.4% | 77.4% | 74.5% | 75.7% | 66.8% |
| ▇█▅█▇▆▄▁ | Cost of Funds (%) | 1.48% | 1.51% | 1.44% | 1.53% | 1.50% | 1.47% | 1.40% | 1.31% |
| ▅▇▇██▁▁▃ | NPA / Assets (%) | 0.98% | 1.07% | 1.07% | 1.10% | 1.14% | 0.80% | 0.79% | 0.90% |
| ▅██▆▆▁▁▃ | Net Charge-Off Ratio (%) | 1.39% | 1.57% | 1.61% | 1.44% | 1.46% | 1.12% | 1.07% | 1.21% |
| ▁▄▁▄▅▇██ | Tang. Book Value ($M) | $13 | $15 | $14 | $15 | $15 | $16 | $16 | $16 |
| ▄▂▂▂▅▁▇█ | Gross Loans ($M) | $116 | $114 | $114 | $114 | $117 | $113 | $119 | $121 |
| ▁▃█▄▄▆██ | Total Deposits ($M) | $137 | $140 | $146 | $142 | $142 | $144 | $147 | $147 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 5% |