Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.92% | +0.30 | 0.61% |
| Return on Equity (%) | ▲ | 13.77% | +0.59 | 13.18% |
| Net Interest Margin (%) | ▲ | 3.44% | +0.65 | 2.79% |
| Efficiency Ratio (%) | ▲ | 75.43% | -11.15 | 86.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.57 | $1 |
| Cost of Funds (%) | ▲ | 1.35% | -0.34 | 1.69% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $462 | -50.58 | $513 |
| Gross Loans ($M) | ▲ | $314 | +14.78 | $299 |
| Loan Growth YoY (%) | ▲ | 85.38% | +3.47 | 81.91% |
| Total Deposits ($M) | ▲ | $364 | +2.31 | $361 |
| Shareholders Equity ($M) | ▲ | $31 | +6.51 | $25 |
| Tang. Book Value ($M) | ▲ | $31 | +6.51 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $38 | +3.63 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 85.38% | +3.47 | 81.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.32% | +0.09 | 0.24% |
| Allowance / Loans (%) | — | 1.16% | 0.04% | 1.12% |
| Net Charge-Off Ratio (%) | ▼ | 0.48% | +0.39 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.52% | +0.27 | 12.25% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▅▅█ | Net Interest Margin (%) | 2.20% | 2.22% | 2.32% | 2.79% | 2.78% | 2.85% | 2.94% | 3.44% |
| ▁▁▁▅▄▅▅█ | Return on Assets (%) | 0.25% | 0.27% | 0.29% | 0.61% | 0.58% | 0.65% | 0.64% | 0.92% |
| ███▇▅▅▅▁ | Efficiency Ratio (%) | 89.7% | 89.0% | 88.3% | 86.6% | 84.3% | 84.2% | 84.2% | 75.4% |
| ▆▆█▅▆▇▁▁ | Cost of Funds (%) | 1.77% | 1.79% | 1.94% | 1.69% | 1.75% | 1.85% | 1.38% | 1.35% |
| ▂▁▂▁▁▃▇█ | NPA / Assets (%) | 0.24% | 0.23% | 0.25% | 0.24% | 0.23% | 0.25% | 0.31% | 0.32% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.09% | 0.09% | 0.09% | 0.08% | 0.08% | 0.08% | 0.47% | 0.48% |
| ▁▅▂▄▆███ | Tang. Book Value ($M) | $19 | $26 | $22 | $25 | $27 | $30 | $31 | $31 |
| ▁▃▄▅▅▅██ | Gross Loans ($M) | $279 | $289 | $297 | $299 | $299 | $299 | $313 | $314 |
| ▁▆▇█▂▅██ | Total Deposits ($M) | $336 | $354 | $359 | $361 | $341 | $351 | $361 | $364 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 16% |