Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 3.10% | -0.10 | 3.20% |
| Return on Equity (%) | ▲ | 20.44% | +1.03 | 19.41% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.20 | 4.40% |
| Efficiency Ratio (%) | ▼ | 35.96% | +1.90 | 34.06% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.05 | $3 |
| Cost of Funds (%) | ▼ | 1.18% | +0.02 | 1.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $363 | +6.56 | $356 |
| Gross Loans ($M) | ▲ | $257 | +8.45 | $248 |
| Loan Growth YoY (%) | ▼ | 86.52% | -1.02 | 87.54% |
| Total Deposits ($M) | ▲ | $293 | +12.98 | $280 |
| Shareholders Equity ($M) | ▼ | $56 | -3.88 | $60 |
| Tang. Book Value ($M) | ▼ | $56 | -3.88 | $60 |
| TBV excl. AOCI ($M)** | ▼ | $59 | -4.53 | $63 |
| Loan / Deposit Ratio (%) | ▼ | 86.52% | -1.02 | 87.54% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.04% | +0.03 | 0.01% |
| Allowance / Loans (%) | — | 1.19% | -0.00% | 1.20% |
| Net Charge-Off Ratio (%) | ▼ | 0.06% | +0.04 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆██▇ | Net Interest Margin (%) | 4.07% | 4.13% | 4.18% | 4.40% | 4.52% | 4.63% | 4.70% | 4.59% |
| ▂▂▁█▇▇▆█ | Return on Assets (%) | 2.43% | 2.45% | 2.28% | 3.20% | 3.00% | 3.02% | 2.88% | 3.10% |
| ▆▆█▁▃▂▆▃ | Efficiency Ratio (%) | 39.0% | 38.8% | 41.4% | 34.1% | 36.1% | 35.8% | 38.8% | 36.0% |
| ▆██▁▁▃▄▂ | Cost of Funds (%) | 1.27% | 1.33% | 1.33% | 1.16% | 1.16% | 1.21% | 1.23% | 1.18% |
| ▁▁▁▃▁▃▃█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.01% | 0.01% | 0.04% |
| ▁▁▁▃▁▃▃█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.02% | 0.02% | 0.06% |
| █▃▅█▄▇▁▄ | Tang. Book Value ($M) | $59 | $55 | $57 | $60 | $56 | $59 | $53 | $56 |
| ▁▄▅▅▇███ | Gross Loans ($M) | $233 | $243 | $249 | $248 | $254 | $258 | $260 | $257 |
| ▄▁▁▃▅▁▄█ | Total Deposits ($M) | $281 | $274 | $275 | $280 | $283 | $275 | $282 | $293 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 8% |