Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.82% | +0.39 | 1.43% |
| Return on Equity (%) | ▲ | 13.70% | +2.97 | 10.73% |
| Net Interest Margin (%) | ▲ | 3.31% | +0.30 | 3.01% |
| Efficiency Ratio (%) | ▲ | 42.06% | -2.87 | 44.94% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.33 | $1 |
| Cost of Funds (%) | ▲ | 1.91% | -0.16 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $377 | +2.39 | $375 |
| Gross Loans ($M) | ▲ | $285 | +21.18 | $264 |
| Loan Growth YoY (%) | ▲ | 86.25% | +6.25 | 80.00% |
| Total Deposits ($M) | ▲ | $325 | +0.74 | $324 |
| Shareholders Equity ($M) | ▲ | $51 | +1.79 | $49 |
| Tang. Book Value ($M) | ▲ | $51 | +1.79 | $49 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +1.87 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 86.25% | +6.25 | 80.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.62% | +0.04 | 0.58% |
| Allowance / Loans (%) | — | 1.61% | -0.03% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 0.58% | +0.05 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.81% | -1.03 | 22.83% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▂▃▄▆ | Net Interest Margin (%) | 3.49% | 3.47% | 3.41% | 3.01% | 3.08% | 3.13% | 3.20% | 3.31% |
| █▁▆▄▅▅▂█ | Return on Assets (%) | 1.92% | 1.05% | 1.69% | 1.43% | 1.58% | 1.57% | 1.26% | 1.82% |
| ▁█▂▂▂▂▆▁ | Efficiency Ratio (%) | 40.9% | 64.0% | 46.2% | 44.9% | 44.6% | 45.8% | 56.5% | 42.1% |
| ▂▁▅▅█▆▂▁ | Cost of Funds (%) | 1.96% | 1.89% | 2.06% | 2.07% | 2.23% | 2.12% | 1.93% | 1.91% |
| ▂▁█▂▃▄▁▄ | NPA / Assets (%) | 0.57% | 0.55% | 0.75% | 0.58% | 0.61% | 0.63% | 0.54% | 0.62% |
| ██▇▂▃▅▁▄ | Net Charge-Off Ratio (%) | 0.69% | 0.66% | 0.65% | 0.52% | 0.54% | 0.58% | 0.47% | 0.58% |
| ▃▁▄▆▇█▇█ | Tang. Book Value ($M) | $48 | $46 | $48 | $49 | $50 | $50 | $50 | $51 |
| ▃▃▃▁▂▃▇█ | Gross Loans ($M) | $270 | $271 | $269 | $264 | $268 | $271 | $281 | $285 |
| ▁▂▃█▇███ | Total Deposits ($M) | $293 | $297 | $304 | $324 | $320 | $326 | $327 | $325 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 10% |