Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.74% | +0.09 | 0.64% |
| Return on Equity (%) | ▲ | 7.77% | +0.33 | 7.44% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.26 | 4.07% |
| Efficiency Ratio (%) | ▲ | 74.44% | -2.25 | 76.69% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 0.74% | -0.03 | 0.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $706 | +15.99 | $690 |
| Gross Loans ($M) | ▲ | $513 | +7.80 | $505 |
| Loan Growth YoY (%) | ▼ | 81.71% | -0.52 | 82.23% |
| Total Deposits ($M) | ▲ | $621 | +13.26 | $607 |
| Shareholders Equity ($M) | ▲ | $67 | +7.07 | $60 |
| Tang. Book Value ($M) | ▲ | $66 | +7.10 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $70 | +7.18 | $63 |
| Loan / Deposit Ratio (%) | ▼ | 81.71% | -0.52 | 82.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.05% | +0.03 | 1.02% |
| Allowance / Loans (%) | — | 1.08% | 0.01% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.45% | +0.08 | 1.37% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.33% | +0.69 | 12.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▂▄▆▇█ | Net Interest Margin (%) | 4.03% | 4.07% | 4.14% | 4.07% | 4.18% | 4.25% | 4.28% | 4.33% |
| ▆██▁▇█▅▆ | Return on Assets (%) | 0.74% | 0.77% | 0.77% | 0.64% | 0.76% | 0.77% | 0.72% | 0.74% |
| ▃▂▆█▄▁▇▄ | Efficiency Ratio (%) | 73.8% | 73.0% | 75.5% | 76.7% | 74.5% | 72.3% | 75.7% | 74.4% |
| ▁▆█▇▆▂▅▄ | Cost of Funds (%) | 0.70% | 0.75% | 0.78% | 0.76% | 0.75% | 0.72% | 0.74% | 0.74% |
| ▇▆█▅▅▁█▆ | NPA / Assets (%) | 1.07% | 1.05% | 1.09% | 1.02% | 1.01% | 0.89% | 1.11% | 1.05% |
| ▆▇█▄▅▁█▇ | Net Charge-Off Ratio (%) | 1.44% | 1.45% | 1.48% | 1.37% | 1.38% | 1.24% | 1.51% | 1.45% |
| ▁▂▄▄▅▇██ | Tang. Book Value ($M) | $53 | $56 | $58 | $59 | $61 | $63 | $66 | $66 |
| ▁▁▃▄▇██▇ | Gross Loans ($M) | $494 | $494 | $500 | $505 | $511 | $515 | $516 | $513 |
| ▂▃▁▃▄█▄▆ | Total Deposits ($M) | $601 | $608 | $595 | $607 | $612 | $635 | $614 | $621 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 64% |
| C&I / Commercial | 10% |
| Consumer | 26% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 3% |