Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.24% | +0.11 | 2.13% |
| Return on Equity (%) | ▲ | 22.80% | +0.59 | 22.21% |
| Net Interest Margin (%) | ▲ | 4.74% | +0.28 | 4.46% |
| Efficiency Ratio (%) | ▲ | 52.69% | -0.40 | 53.09% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.92 | $6 |
| Cost of Funds (%) | ▲ | 0.98% | -0.12 | 1.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,166 | +109.44 | $1,057 |
| Gross Loans ($M) | ▲ | $848 | +142.19 | $706 |
| Loan Growth YoY (%) | ▲ | 81.03% | +7.38 | 73.65% |
| Total Deposits ($M) | ▲ | $1,032 | +88.01 | $944 |
| Shareholders Equity ($M) | ▲ | $115 | +12.46 | $102 |
| Tang. Book Value ($M) | ▲ | $115 | +12.46 | $102 |
| TBV excl. AOCI ($M)** | ▲ | $128 | +13.15 | $115 |
| Loan / Deposit Ratio (%) | ▲ | 81.03% | +7.38 | 73.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.29 | 0.00% |
| Allowance / Loans (%) | — | 1.37% | -0.10% | 1.47% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.40 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.08% | -1.80 | 13.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▄▅▆█ | Net Interest Margin (%) | 4.13% | 4.15% | 4.25% | 4.46% | 4.42% | 4.45% | 4.51% | 4.74% |
| ▁▁▂▄▄▅██ | Return on Assets (%) | 2.05% | 2.04% | 2.07% | 2.13% | 2.13% | 2.17% | 2.25% | 2.24% |
| ▆▇▅▇█▇▁▅ | Efficiency Ratio (%) | 52.9% | 53.0% | 52.5% | 53.1% | 53.4% | 53.0% | 51.6% | 52.7% |
| ███▃▃▅▂▁ | Cost of Funds (%) | 1.32% | 1.29% | 1.28% | 1.10% | 1.07% | 1.17% | 1.04% | 0.98% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.31% | 0.30% | 0.29% |
| ▁▁▁▁▁██▇ | Net Charge-Off Ratio (%) | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.45% | 0.42% | 0.40% |
| ▁▄▂▄▅▇▇█ | Tang. Book Value ($M) | $94 | $102 | $99 | $102 | $107 | $110 | $112 | $115 |
| ▁▁▁▁▁▃▆█ | Gross Loans ($M) | $696 | $695 | $707 | $706 | $712 | $749 | $809 | $848 |
| ▁▄▃▃▆▆██ | Total Deposits ($M) | $904 | $953 | $939 | $944 | $991 | $989 | $1,025 | $1,032 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 1% |