Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.45 | 0.84% |
| Return on Equity (%) | ▲ | 9.96% | +3.38 | 6.58% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.55 | 3.83% |
| Efficiency Ratio (%) | ▲ | 63.44% | -8.88 | 72.32% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.56 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.12 | 1.84% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $371 | +18.64 | $352 |
| Gross Loans ($M) | ▲ | $297 | +30.39 | $267 |
| Loan Growth YoY (%) | ▲ | 98.18% | +8.94 | 89.24% |
| Total Deposits ($M) | ▲ | $298 | +3.48 | $295 |
| Shareholders Equity ($M) | ▲ | $48 | +3.83 | $44 |
| Tang. Book Value ($M) | ▲ | $48 | +3.83 | $44 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +3.58 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 98.18% | +8.94 | 89.24% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.94% | +0.84 | 0.10% |
| Allowance / Loans (%) | — | 1.36% | 0.07% | 1.29% |
| Net Charge-Off Ratio (%) | ▼ | 1.17% | +1.14 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▁▄▆▇█ | Net Interest Margin (%) | 3.78% | 3.86% | 3.94% | 3.83% | 4.06% | 4.19% | 4.28% | 4.38% |
| ▃▄▅▁▅███ | Return on Assets (%) | 0.96% | 1.03% | 1.09% | 0.84% | 1.07% | 1.23% | 1.24% | 1.28% |
| ▇▅▄█▃▂▁▂ | Efficiency Ratio (%) | 70.3% | 68.4% | 66.8% | 72.3% | 65.6% | 63.3% | 61.9% | 63.4% |
| ▃▃▄▆█▃▄▁ | Cost of Funds (%) | 1.77% | 1.76% | 1.79% | 1.84% | 1.88% | 1.77% | 1.79% | 1.72% |
| ▁▁▂▁▁▁█▇ | NPA / Assets (%) | 0.13% | 0.13% | 0.16% | 0.10% | 0.05% | 0.00% | 1.15% | 0.94% |
| ▁▁▁▁▁▁█▇ | Net Charge-Off Ratio (%) | 0.16% | 0.15% | 0.10% | 0.03% | 0.00% | 0.00% | 1.42% | 1.17% |
| ▁▂▃▄▅▇▇█ | Tang. Book Value ($M) | $41 | $43 | $43 | $44 | $45 | $46 | $47 | $48 |
| ▁▁▂▃▅▆██ | Gross Loans ($M) | $251 | $253 | $261 | $267 | $276 | $286 | $293 | $297 |
| ▁▂▂█▆█▆█ | Total Deposits ($M) | $268 | $272 | $273 | $295 | $290 | $297 | $290 | $298 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 17% |