Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.37 | 0.57% |
| Return on Equity (%) | ▲ | 11.93% | +3.60 | 8.33% |
| Net Interest Margin (%) | ▲ | 4.25% | +0.45 | 3.80% |
| Efficiency Ratio (%) | ▲ | 77.20% | -6.93 | 84.13% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $0 |
| Cost of Funds (%) | ▲ | 1.44% | -0.08 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $320 | -1.39 | $322 |
| Gross Loans ($M) | ▼ | $247 | -1.31 | $249 |
| Loan Growth YoY (%) | ▼ | 85.21% | -0.74 | 85.95% |
| Total Deposits ($M) | ▲ | $287 | +0.71 | $286 |
| Shareholders Equity ($M) | ▲ | $25 | +2.46 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +2.46 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.15 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 85.21% | -0.74 | 85.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.01% | +1.32 | 0.69% |
| Allowance / Loans (%) | — | 1.23% | 0.08% | 1.15% |
| Net Charge-Off Ratio (%) | ▼ | 2.60% | +1.71 | 0.89% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.77% | +0.45 | 10.32% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▂▁▁▃▅█ | Net Interest Margin (%) | 3.94% | 3.90% | 3.90% | 3.80% | 3.85% | 3.96% | 4.04% | 4.25% |
| ▅▁▁▂▄▇▇█ | Return on Assets (%) | 0.74% | 0.50% | 0.46% | 0.57% | 0.65% | 0.84% | 0.82% | 0.94% |
| ▃██▆▄▁▁▁ | Efficiency Ratio (%) | 81.1% | 86.7% | 87.6% | 84.1% | 81.1% | 77.2% | 78.2% | 77.2% |
| ▄▇█▆█▆▆▁ | Cost of Funds (%) | 1.51% | 1.56% | 1.58% | 1.53% | 1.57% | 1.54% | 1.53% | 1.44% |
| ▁▁▁▂████ | NPA / Assets (%) | 0.27% | 0.26% | 0.26% | 0.69% | 2.15% | 2.10% | 2.00% | 2.01% |
| ▁▁▁▂████ | Net Charge-Off Ratio (%) | 0.37% | 0.35% | 0.34% | 0.89% | 2.74% | 2.70% | 2.48% | 2.60% |
| ▁▃▁▃▅███ | Tang. Book Value ($M) | $21 | $22 | $22 | $23 | $24 | $25 | $25 | $25 |
| ▁▃▅▆▇▇█▆ | Gross Loans ($M) | $230 | $239 | $245 | $249 | $252 | $252 | $257 | $247 |
| ▁▆█▆▅▆▂▇ | Total Deposits ($M) | $278 | $285 | $289 | $286 | $284 | $285 | $281 | $287 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 7% |