Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.93% | +0.17 | 1.76% |
| Return on Equity (%) | ▲ | 16.93% | +1.07 | 15.86% |
| Net Interest Margin (%) | ▲ | 4.65% | +0.36 | 4.28% |
| Efficiency Ratio (%) | ▲ | 56.05% | -0.93 | 56.98% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.35 | $2 |
| Cost of Funds (%) | ▲ | 1.57% | -0.32 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $394 | +39.19 | $355 |
| Gross Loans ($M) | ▲ | $294 | +6.24 | $288 |
| Loan Growth YoY (%) | ▼ | 84.79% | -7.34 | 92.13% |
| Total Deposits ($M) | ▲ | $342 | +33.82 | $308 |
| Shareholders Equity ($M) | ▲ | $44 | +5.20 | $39 |
| Tang. Book Value ($M) | ▲ | $44 | +5.20 | $39 |
| Loan / Deposit Ratio (%) | ▼ | 84.79% | -7.34 | 92.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.64% | -0.34 | 0.98% |
| Allowance / Loans (%) | — | 1.50% | 0.03% | 1.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.23% | -0.98 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.49% | +0.89 | 15.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▃▁▄▅▆█ | Net Interest Margin (%) | 4.35% | 4.38% | 4.38% | 4.28% | 4.43% | 4.48% | 4.56% | 4.65% |
| ▇█▅▁▃▃▄▅ | Return on Assets (%) | 1.99% | 2.03% | 1.93% | 1.76% | 1.84% | 1.83% | 1.87% | 1.93% |
| ▁▁▃████▇ | Efficiency Ratio (%) | 50.8% | 50.4% | 52.8% | 57.0% | 56.6% | 57.3% | 57.0% | 56.0% |
| ▄▆██▄▄▃▁ | Cost of Funds (%) | 1.71% | 1.81% | 1.91% | 1.89% | 1.73% | 1.73% | 1.68% | 1.57% |
| ▃▁▄█▄▄▅▅ | NPA / Assets (%) | 0.46% | 0.15% | 0.47% | 0.98% | 0.54% | 0.52% | 0.67% | 0.64% |
| ▄▂▄█▁▁▂▂ | Net Charge-Off Ratio (%) | 0.53% | 0.19% | 0.58% | 1.20% | 0.03% | 0.02% | 0.23% | 0.23% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $36 | $38 | $38 | $39 | $40 | $41 | $43 | $44 |
| ▃▁▁▆▄▆██ | Gross Loans ($M) | $277 | $271 | $273 | $288 | $281 | $287 | $295 | $294 |
| ▁▂▃▄▄▅▆█ | Total Deposits ($M) | $284 | $295 | $299 | $308 | $309 | $315 | $326 | $342 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 39% |
| Interest-Bearing (core) | 45% |
| Brokered / Other | 16% |