Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.55% | +0.07 | 0.48% |
| Return on Equity (%) | ▲ | 5.68% | +0.12 | 5.56% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.29 | 3.66% |
| Efficiency Ratio (%) | ▲ | 81.98% | -0.33 | 82.32% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▲ | 1.01% | -0.10 | 1.11% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $317 | -11.40 | $329 |
| Gross Loans ($M) | ▼ | $206 | -9.52 | $216 |
| Loan Growth YoY (%) | ▼ | 75.43% | -2.00 | 77.43% |
| Total Deposits ($M) | ▼ | $271 | -3.89 | $275 |
| Shareholders Equity ($M) | ▲ | $30 | +1.42 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +1.49 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +1.11 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 75.43% | -2.00 | 77.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.27 | 0.02% |
| Allowance / Loans (%) | — | 0.89% | -0.46% | 1.35% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.43% | +1.08 | 16.35% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▅█ | Net Interest Margin (%) | 3.46% | 3.48% | 3.50% | 3.66% | 3.69% | 3.74% | 3.74% | 3.95% |
| ▆▇██▁▃▃█ | Return on Assets (%) | 0.33% | 0.42% | 0.54% | 0.48% | -0.15% | 0.08% | 0.06% | 0.55% |
| █▄▃▁▃▂▂▁ | Efficiency Ratio (%) | 87.9% | 84.9% | 84.1% | 82.3% | 83.6% | 83.1% | 83.4% | 82.0% |
| ▇██▃▄▆▃▁ | Cost of Funds (%) | 1.22% | 1.26% | 1.28% | 1.11% | 1.13% | 1.21% | 1.09% | 1.01% |
| ▁▁▁▁▄▄█▁ | NPA / Assets (%) | 0.03% | 0.03% | 0.03% | 0.02% | 1.20% | 1.37% | 2.98% | 0.29% |
| ▁▁▁▁▄▄█▁ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.04% | 0.04% | 1.85% | 2.07% | 4.62% | 0.03% |
| ▁█▃▂▄▇█▆ | Tang. Book Value ($M) | $27 | $31 | $28 | $28 | $29 | $30 | $31 | $30 |
| ▇█▅█▆▃▁▂ | Gross Loans ($M) | $214 | $217 | $211 | $216 | $212 | $207 | $203 | $206 |
| ▂▄█▇▂▁▄▆ | Total Deposits ($M) | $263 | $267 | $278 | $275 | $263 | $259 | $267 | $271 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 14% |
| Consumer | 9% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 90% |
| Brokered / Other | 3% |