Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.15 | 0.92% |
| Return on Equity (%) | ▼ | 15.72% | -1.20 | 16.92% |
| Net Interest Margin (%) | ▲ | 3.14% | +0.16 | 2.98% |
| Efficiency Ratio (%) | ▲ | 55.31% | -5.30 | 60.62% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 1.81% | -0.11 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $306 | +21.88 | $284 |
| Gross Loans ($M) | ▲ | $127 | +10.39 | $116 |
| Loan Growth YoY (%) | ▲ | 45.27% | +0.81 | 44.46% |
| Total Deposits ($M) | ▲ | $277 | +17.62 | $259 |
| Shareholders Equity ($M) | ▲ | $21 | +4.11 | $16 |
| Tang. Book Value ($M) | ▲ | $21 | +4.11 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +4.73 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 45.27% | +0.81 | 44.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.45% | +0.11 | 0.35% |
| Allowance / Loans (%) | — | 1.24% | 0.16% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 1.09% | +0.25 | 0.84% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -17.26 | 17.26% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▆▇██ | Net Interest Margin (%) | 2.92% | 2.94% | 2.96% | 2.98% | 3.08% | 3.12% | 3.14% | 3.14% |
| ▁▁▁▄▇▇▇█ | Return on Assets (%) | 0.81% | 0.82% | 0.85% | 0.92% | 1.01% | 1.02% | 1.03% | 1.07% |
| ██▇▅▃▃▃▁ | Efficiency Ratio (%) | 64.7% | 64.0% | 63.0% | 60.6% | 57.7% | 57.8% | 57.7% | 55.3% |
| ▇█▆▇▆▅▁▁ | Cost of Funds (%) | 1.90% | 1.93% | 1.89% | 1.91% | 1.90% | 1.88% | 1.79% | 1.81% |
| ▅▃▁▁▄▁▆█ | NPA / Assets (%) | 0.41% | 0.38% | 0.35% | 0.35% | 0.40% | 0.36% | 0.43% | 0.45% |
| ▆▂▁▁▄▁██ | Net Charge-Off Ratio (%) | 1.00% | 0.90% | 0.86% | 0.84% | 0.94% | 0.85% | 1.06% | 1.09% |
| ▁▆▁▃▄███ | Tang. Book Value ($M) | $15 | $19 | $14 | $16 | $17 | $20 | $21 | $21 |
| ▁▃▃▃▆▇▆█ | Gross Loans ($M) | $111 | $117 | $117 | $116 | $122 | $125 | $122 | $127 |
| ▁▁▅▃▅▆██ | Total Deposits ($M) | $249 | $249 | $263 | $259 | $264 | $269 | $276 | $277 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 16% |
| Consumer | 9% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 15% |