Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.24 | 1.16% |
| Return on Equity (%) | ▲ | 15.87% | +0.89 | 14.98% |
| Net Interest Margin (%) | ▲ | 3.67% | +0.09 | 3.58% |
| Efficiency Ratio (%) | ▲ | 47.11% | -10.39 | 57.50% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.69 | $2 |
| Cost of Funds (%) | ▲ | 1.27% | -0.10 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $582 | +23.90 | $558 |
| Gross Loans ($M) | ▲ | $273 | +24.90 | $249 |
| Loan Growth YoY (%) | ▲ | 51.21% | +3.09 | 48.12% |
| Total Deposits ($M) | ▲ | $528 | +16.38 | $512 |
| Shareholders Equity ($M) | ▲ | $51 | +7.31 | $43 |
| Tang. Book Value ($M) | ▲ | $51 | +7.31 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +7.51 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 51.21% | +3.09 | 48.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.20% | +0.12 | 0.08% |
| Allowance / Loans (%) | — | 1.14% | 0.17% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 0.43% | +0.24 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅▆█▇▇█ | Net Interest Margin (%) | 3.36% | 3.46% | 3.53% | 3.58% | 3.66% | 3.62% | 3.63% | 3.67% |
| ▁▁▂▃▅▄▅█ | Return on Assets (%) | 1.05% | 1.07% | 1.13% | 1.16% | 1.25% | 1.20% | 1.25% | 1.40% |
| ███▇▅▅▅▁ | Efficiency Ratio (%) | 59.6% | 58.9% | 58.0% | 57.5% | 54.8% | 54.1% | 53.5% | 47.1% |
| ▆██▃▄▇▅▁ | Cost of Funds (%) | 1.47% | 1.54% | 1.57% | 1.37% | 1.40% | 1.49% | 1.43% | 1.27% |
| ▄█▁▁▁▁██ | NPA / Assets (%) | 0.14% | 0.20% | 0.09% | 0.08% | 0.08% | 0.08% | 0.22% | 0.20% |
| ▁▃▃▃▃▃██ | Net Charge-Off Ratio (%) | 0.05% | 0.20% | 0.19% | 0.19% | 0.19% | 0.19% | 0.46% | 0.43% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $38 | $42 | $41 | $43 | $45 | $49 | $49 | $51 |
| ▁▅▇▅▅▅▇█ | Gross Loans ($M) | $216 | $246 | $260 | $249 | $247 | $247 | $260 | $273 |
| ▂▁▁▆▅▅▃█ | Total Deposits ($M) | $489 | $476 | $482 | $512 | $505 | $506 | $495 | $528 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 21% |