Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.76% | +0.21 | 0.55% |
| Return on Equity (%) | ▲ | 5.03% | +1.43 | 3.60% |
| Net Interest Margin (%) | ▲ | 3.21% | +0.18 | 3.03% |
| Efficiency Ratio (%) | ▲ | 66.62% | -8.66 | 75.28% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 3.13% | -0.27 | 3.40% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $414 | +18.04 | $395 |
| Gross Loans ($M) | ▲ | $309 | +16.44 | $293 |
| Loan Growth YoY (%) | ▲ | 97.94% | +2.33 | 95.61% |
| Total Deposits ($M) | ▲ | $312 | +9.59 | $302 |
| Shareholders Equity ($M) | ▲ | $63 | +1.81 | $61 |
| Tang. Book Value ($M) | ▲ | $63 | +1.81 | $61 |
| Loan / Deposit Ratio (%) | ▲ | 97.94% | +2.33 | 95.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.65% | -0.03 | 0.68% |
| Allowance / Loans (%) | — | 1.10% | -0.06% | 1.16% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 18.46% | -0.80 | 19.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▆▄▁▃▄▆█ | Net Interest Margin (%) | 3.08% | 3.16% | 3.12% | 3.03% | 3.08% | 3.11% | 3.15% | 3.21% |
| ▄█▆▁▄▆▆█ | Return on Assets (%) | 0.66% | 0.75% | 0.70% | 0.55% | 0.64% | 0.71% | 0.70% | 0.76% |
| ▅▃▃█▇▅▄▁ | Efficiency Ratio (%) | 71.1% | 68.9% | 69.4% | 75.3% | 73.2% | 71.2% | 70.4% | 66.6% |
| ▇█▇▆▄▃▁▁ | Cost of Funds (%) | 3.44% | 3.52% | 3.43% | 3.40% | 3.32% | 3.25% | 3.14% | 3.13% |
| █▃▂▂▂▂▁▁ | NPA / Assets (%) | 0.82% | 0.71% | 0.68% | 0.68% | 0.68% | 0.68% | 0.67% | 0.65% |
| █▂▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.18% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $60 | $61 | $61 | $61 | $61 | $62 | $62 | $63 |
| ▁▂▃▁▁▁▆█ | Gross Loans ($M) | $293 | $295 | $297 | $293 | $294 | $292 | $303 | $309 |
| ▁▂▆▃▁▁██ | Total Deposits ($M) | $300 | $302 | $307 | $302 | $298 | $299 | $310 | $312 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 65% |
| Consumer | 35% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 66% |
| Brokered / Other | 34% |