Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.60% | -0.63 | 1.23% |
| Return on Equity (%) | ▼ | 6.19% | -4.47 | 10.66% |
| Net Interest Margin (%) | ▼ | 95.71% | -29.66 | 125.36% |
| Efficiency Ratio (%) | ▲ | 68.91% | -3.69 | 72.60% |
| Pre-Provision Profit ($M) | ▲ | $15 | +3.77 | $11 |
| Cost of Funds (%) | ▲ | 1.56% | -0.29 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $247 | +83.49 | $163 |
| Gross Loans ($M) | ▲ | $165 | +69.36 | $96 |
| Loan Growth YoY (%) | ▲ | 72.30% | +7.96 | 64.34% |
| Total Deposits ($M) | ▲ | $218 | +77.70 | $141 |
| Shareholders Equity ($M) | ▲ | $22 | +4.49 | $18 |
| Tang. Book Value ($M) | ▲ | $22 | +4.63 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 72.30% | +7.96 | 64.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.45% | +1.45 | 0.00% |
| Allowance / Loans (%) | — | 4.52% | -1.17% | 5.69% |
| Net Charge-Off Ratio (%) | ▼ | 2.16% | +2.16 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 11.76% | -3.87 | 15.64% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▅▆▆▆██▁ | Net Interest Margin (%) | 104.54% | 117.56% | 122.11% | 125.36% | 125.99% | 135.05% | 137.78% | 95.71% |
| ▄▅▅▇▇██▁ | Return on Assets (%) | 0.90% | 0.99% | 1.00% | 1.23% | 1.19% | 1.32% | 1.30% | 0.60% |
| █▇▆▂▂▁▁▁ | Efficiency Ratio (%) | 98.6% | 92.2% | 87.6% | 72.6% | 71.9% | 68.8% | 67.9% | 68.9% |
| ▆▃▇▆▁██▁ | Cost of Funds (%) | 1.83% | 1.68% | 1.91% | 1.84% | 1.50% | 1.94% | 1.98% | 1.56% |
| ▁▁▁▁▁▄█▅ | NPA / Assets (%) | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 1.01% | 2.59% | 1.45% |
| ▁▁▁▁▁▄█▅ | Net Charge-Off Ratio (%) | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 1.36% | 3.52% | 2.16% |
| ▁▂▂▂▃▇██ | Tang. Book Value ($M) | $16 | $17 | $16 | $17 | $18 | $21 | $22 | $22 |
| ▁▁▂▂▆█▇█ | Gross Loans ($M) | $78 | $88 | $93 | $96 | $133 | $156 | $154 | $165 |
| ▁▁▁▃▆▆▆█ | Total Deposits ($M) | $100 | $101 | $115 | $141 | $177 | $181 | $180 | $218 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 36% |
| C&I / Commercial | 6% |
| Consumer | 57% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 6% |