Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.12% | -0.20 | 1.32% |
| Return on Equity (%) | ▼ | 19.50% | -5.20 | 24.70% |
| Net Interest Margin (%) | ▼ | 3.11% | -0.16 | 3.26% |
| Efficiency Ratio (%) | ▲ | 57.33% | -0.33 | 57.67% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.06 | $1 |
| Cost of Funds (%) | ▼ | 2.84% | +0.08 | 2.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $249 | +23.75 | $226 |
| Gross Loans ($M) | ▲ | $165 | +10.86 | $155 |
| Loan Growth YoY (%) | ▲ | 78.57% | +0.66 | 77.91% |
| Total Deposits ($M) | ▲ | $208 | +12.17 | $196 |
| Shareholders Equity ($M) | ▲ | $14 | +1.79 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.79 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +1.74 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 78.57% | +0.66 | 77.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 2.38% | -0.33 | 2.71% |
| Allowance / Loans (%) | — | 1.26% | -0.08% | 1.34% |
| Net Charge-Off Ratio (%) | ▲ | 0.16% | -0.04 | 0.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.01% | +0.06 | 11.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▇▇██▃ | Net Interest Margin (%) | 3.00% | 3.02% | 3.04% | 3.26% | 3.27% | 3.33% | 3.31% | 3.11% |
| ▁▁▁█▇▆▅▆ | Return on Assets (%) | 0.76% | 0.82% | 0.77% | 1.32% | 1.19% | 1.17% | 1.07% | 1.12% |
| █▇█▂▁▁▃▂ | Efficiency Ratio (%) | 66.8% | 64.9% | 66.7% | 57.7% | 56.3% | 55.6% | 58.8% | 57.3% |
| ▆▇█▁▂▅▂▂ | Cost of Funds (%) | 3.02% | 3.11% | 3.17% | 2.75% | 2.85% | 2.96% | 2.83% | 2.84% |
| ▁▁▁█▇█▇▆ | NPA / Assets (%) | 1.62% | 1.68% | 1.63% | 2.71% | 2.57% | 2.60% | 2.50% | 2.38% |
| ▃█▄▂▃▄▁▁ | Net Charge-Off Ratio (%) | 0.22% | 0.37% | 0.26% | 0.20% | 0.22% | 0.25% | 0.19% | 0.16% |
| ▁▅▁▄▄▆██ | Tang. Book Value ($M) | $11 | $13 | $11 | $12 | $12 | $13 | $14 | $14 |
| ▁▃▂▄█▇██ | Gross Loans ($M) | $146 | $151 | $148 | $155 | $163 | $162 | $165 | $165 |
| ▁▁▃▆▇▅▆█ | Total Deposits ($M) | $167 | $169 | $178 | $196 | $198 | $188 | $195 | $208 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 23% |