Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.20 | 1.48% |
| Return on Equity (%) | ▲ | 17.33% | +1.28 | 16.05% |
| Net Interest Margin (%) | ▲ | 5.94% | +0.29 | 5.65% |
| Efficiency Ratio (%) | ▲ | 60.80% | -2.45 | 63.25% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.31 | $2 |
| Cost of Funds (%) | ▲ | 1.67% | -0.30 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $474 | +24.26 | $449 |
| Gross Loans ($M) | ▲ | $412 | +24.17 | $388 |
| Loan Growth YoY (%) | ▲ | 97.47% | +1.67 | 95.79% |
| Total Deposits ($M) | ▲ | $418 | +17.92 | $400 |
| Shareholders Equity ($M) | ▲ | $47 | +5.28 | $41 |
| Tang. Book Value ($M) | ▲ | $47 | +5.28 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 97.47% | +1.67 | 95.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.76% | -0.12 | 1.88% |
| Allowance / Loans (%) | — | 1.07% | -0.06% | 1.13% |
| Net Charge-Off Ratio (%) | ▲ | 1.44% | -0.72 | 2.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇███ | Net Interest Margin (%) | 4.65% | 4.82% | 5.00% | 5.65% | 5.82% | 5.92% | 5.99% | 5.94% |
| ▁▂▅▆▆▇██ | Return on Assets (%) | 0.95% | 1.06% | 1.46% | 1.48% | 1.53% | 1.61% | 1.76% | 1.67% |
| █▇▆▃▂▂▁▁ | Efficiency Ratio (%) | 72.0% | 69.9% | 68.1% | 63.2% | 62.7% | 62.0% | 60.2% | 60.8% |
| ██▆▄▃▃▁▁ | Cost of Funds (%) | 2.35% | 2.38% | 2.20% | 1.96% | 1.85% | 1.85% | 1.74% | 1.67% |
| ███▃▃▃▁▁ | NPA / Assets (%) | 2.19% | 2.15% | 2.18% | 1.88% | 1.87% | 1.90% | 1.76% | 1.76% |
| ███▇▄▄▁▃ | Net Charge-Off Ratio (%) | 2.46% | 2.39% | 2.41% | 2.16% | 1.67% | 1.70% | 1.07% | 1.44% |
| ▂▃▁▁▃▄▇█ | Tang. Book Value ($M) | $42 | $42 | $41 | $41 | $43 | $44 | $45 | $47 |
| ▄▃▃▁▁▂█▇ | Gross Loans ($M) | $397 | $396 | $395 | $388 | $385 | $390 | $418 | $412 |
| ▃▁▁▁▁▁█▆ | Total Deposits ($M) | $406 | $400 | $398 | $400 | $397 | $401 | $426 | $418 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 8% |