Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.96% | +0.16 | 2.80% |
| Return on Equity (%) | ▼ | 29.51% | -7.59 | 37.10% |
| Net Interest Margin (%) | ▲ | 4.93% | +0.32 | 4.62% |
| Efficiency Ratio (%) | ▼ | 39.14% | +1.62 | 37.53% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.21 | $3 |
| Cost of Funds (%) | ▼ | 0.45% | +0.30 | 0.15% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $319 | -18.67 | $337 |
| Gross Loans ($M) | ▲ | $173 | +23.12 | $149 |
| Loan Growth YoY (%) | ▲ | 60.26% | +12.16 | 48.09% |
| Total Deposits ($M) | ▼ | $283 | -23.80 | $307 |
| Shareholders Equity ($M) | ▲ | $32 | +4.14 | $28 |
| Tang. Book Value ($M) | ▲ | $32 | +4.14 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +3.62 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 60.26% | +12.16 | 48.09% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.18% | -0.09% | 1.27% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.55% | -0.24 | 15.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▅██▆ | Net Interest Margin (%) | 4.99% | 5.00% | 5.03% | 4.62% | 4.84% | 5.04% | 5.03% | 4.93% |
| ███▁▄▅▁▃ | Return on Assets (%) | 3.21% | 3.24% | 3.20% | 2.80% | 2.98% | 3.04% | 2.83% | 2.96% |
| ▁▁▂▅▄▃█▇ | Efficiency Ratio (%) | 33.5% | 33.3% | 34.6% | 37.5% | 36.5% | 35.7% | 40.3% | 39.1% |
| ▁▁▁▁▁▁▇█ | Cost of Funds (%) | 0.15% | 0.14% | 0.14% | 0.15% | 0.16% | 0.17% | 0.38% | 0.45% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▁▄▅█▇█ | Tang. Book Value ($M) | $25 | $28 | $26 | $28 | $29 | $31 | $31 | $32 |
| ▁▁▁▁▄██▇ | Gross Loans ($M) | $149 | $147 | $148 | $149 | $160 | $175 | $178 | $173 |
| ▆██▅▃▁▁▂ | Total Deposits ($M) | $314 | $340 | $341 | $307 | $290 | $266 | $271 | $283 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 26% |
| C&I / Commercial | 69% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 53% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 3% |