Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.36% | -0.29 | 1.65% |
| Return on Equity (%) | ▼ | 11.19% | -2.63 | 13.82% |
| Net Interest Margin (%) | ▲ | 4.95% | +0.14 | 4.81% |
| Efficiency Ratio (%) | ▼ | 58.68% | +2.68 | 56.00% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▼ | 0.70% | +0.08 | 0.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $110 | +3.70 | $106 |
| Gross Loans ($M) | ▲ | $68 | +5.81 | $63 |
| Loan Growth YoY (%) | ▲ | 70.80% | +3.99 | 66.81% |
| Total Deposits ($M) | ▲ | $95 | +2.97 | $92 |
| Shareholders Equity ($M) | ▲ | $13 | +0.63 | $13 |
| Tang. Book Value ($M) | ▲ | $13 | +0.63 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 70.80% | +3.99 | 66.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.01 | 0.04% |
| Allowance / Loans (%) | — | 1.10% | -0.07% | 1.17% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.02 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.09% | -0.53 | 22.63% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆▇██▇ | Net Interest Margin (%) | 4.31% | 4.39% | 4.51% | 4.81% | 4.95% | 5.03% | 5.05% | 4.95% |
| ▃▄▁▇█▆▂▃ | Return on Assets (%) | 1.36% | 1.44% | 1.18% | 1.65% | 1.77% | 1.58% | 1.25% | 1.36% |
| ▅▅█▁▂▃▇▂ | Efficiency Ratio (%) | 64.1% | 64.5% | 70.4% | 56.0% | 58.1% | 60.0% | 67.5% | 58.7% |
| ▁▄▅▂▄▇█▆ | Cost of Funds (%) | 0.58% | 0.66% | 0.67% | 0.61% | 0.66% | 0.70% | 0.74% | 0.70% |
| ▆▅▁██▇▆▅ | NPA / Assets (%) | 0.03% | 0.02% | 0.01% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% |
| ▆▅▁██▆▆▅ | Net Charge-Off Ratio (%) | 0.05% | 0.04% | 0.02% | 0.06% | 0.06% | 0.05% | 0.05% | 0.04% |
| ▁▄▃▆▅▇▇█ | Tang. Book Value ($M) | $11 | $12 | $12 | $13 | $12 | $13 | $13 | $13 |
| ▁▂▂▄▅▆██ | Gross Loans ($M) | $58 | $59 | $61 | $63 | $64 | $65 | $67 | $68 |
| ▁▂▂▆▅▅▅█ | Total Deposits ($M) | $86 | $88 | $87 | $92 | $92 | $91 | $91 | $95 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 10% |
| Consumer | 5% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 32% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 3% |