Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.55% | -0.02 | 0.57% |
| Return on Equity (%) | ▼ | 5.65% | -0.28 | 5.93% |
| Net Interest Margin (%) | ▲ | 3.01% | +0.08 | 2.93% |
| Efficiency Ratio (%) | ▲ | 71.89% | -2.62 | 74.51% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.38 | $2 |
| Cost of Funds (%) | ▲ | 2.93% | -0.31 | 3.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $986 | +44.82 | $942 |
| Gross Loans ($M) | ▼ | $733 | -38.48 | $771 |
| Loan Growth YoY (%) | ▼ | 95.94% | -11.01 | 106.95% |
| Total Deposits ($M) | ▲ | $755 | +46.38 | $708 |
| Shareholders Equity ($M) | ▲ | $96 | +5.04 | $91 |
| Tang. Book Value ($M) | ▲ | $91 | +5.19 | $86 |
| TBV excl. AOCI ($M)** | ▲ | $95 | +5.21 | $89 |
| Loan / Deposit Ratio (%) | ▼ | 95.94% | -11.01 | 106.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.57% | -0.15 | 1.72% |
| Allowance / Loans (%) | — | 1.23% | -0.58% | 1.81% |
| Net Charge-Off Ratio (%) | ▼ | 2.11% | +0.01 | 2.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.83% | +0.97 | 11.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▂▁▅██▅ | Net Interest Margin (%) | 2.98% | 2.95% | 2.96% | 2.93% | 3.02% | 3.08% | 3.07% | 3.01% |
| ▅▁▃█▇█▃█ | Return on Assets (%) | 0.47% | 0.33% | 0.42% | 0.57% | 0.54% | 0.55% | 0.42% | 0.55% |
| ▇▁▂██▇▆▆ | Efficiency Ratio (%) | 73.3% | 62.9% | 64.7% | 74.5% | 75.6% | 73.9% | 72.4% | 71.9% |
| ▆▄█▅▅▄▂▁ | Cost of Funds (%) | 3.31% | 3.20% | 3.51% | 3.24% | 3.23% | 3.15% | 3.07% | 2.93% |
| ▂▅▅█▇▁▆▇ | NPA / Assets (%) | 1.01% | 1.39% | 1.40% | 1.72% | 1.57% | 0.87% | 1.42% | 1.57% |
| ▁▅▅█▇▁▇█ | Net Charge-Off Ratio (%) | 1.22% | 1.68% | 1.72% | 2.10% | 1.93% | 1.10% | 1.87% | 2.11% |
| ▂▁▁▃▄▇▇█ | Tang. Book Value ($M) | $85 | $84 | $84 | $86 | $87 | $89 | $90 | $91 |
| ▅█▆▇▇▆▂▁ | Gross Loans ($M) | $758 | $778 | $762 | $771 | $771 | $766 | $740 | $733 |
| ▁▄▄▃▃▆▇█ | Total Deposits ($M) | $689 | $715 | $717 | $708 | $707 | $736 | $740 | $755 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 14% |