Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.51% | +0.31 | 2.20% |
| Return on Equity (%) | ▲ | 9.01% | +1.05 | 7.96% |
| Net Interest Margin (%) | ▲ | 6.04% | +0.50 | 5.54% |
| Efficiency Ratio (%) | ▲ | 38.31% | -9.40 | 47.71% |
| Pre-Provision Profit ($M) | ▲ | $4 | +1.19 | $3 |
| Cost of Funds (%) | ▲ | 2.05% | -0.17 | 2.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $490 | +21.82 | $468 |
| Gross Loans ($M) | ▲ | $389 | +30.40 | $359 |
| Loan Growth YoY (%) | ▼ | 111.08% | -1.66 | 112.74% |
| Total Deposits ($M) | ▲ | $342 | +31.18 | $311 |
| Shareholders Equity ($M) | ▲ | $136 | +7.40 | $128 |
| Tang. Book Value ($M) | ▲ | $136 | +7.40 | $128 |
| TBV excl. AOCI ($M)** | ▲ | $140 | +7.14 | $133 |
| Loan / Deposit Ratio (%) | ▼ | 111.08% | -1.66 | 112.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.69% | +0.19 | 1.50% |
| Allowance / Loans (%) | — | 2.33% | 0.07% | 2.26% |
| Net Charge-Off Ratio (%) | ▲ | 1.79% | -0.05 | 1.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▄▁▅▆▇█ | Net Interest Margin (%) | 5.70% | 5.78% | 5.76% | 5.54% | 5.80% | 5.92% | 5.93% | 6.04% |
| ▅▄▂▁▇███ | Return on Assets (%) | 2.39% | 2.35% | 2.26% | 2.20% | 2.48% | 2.53% | 2.53% | 2.51% |
| ▆▆██▁▁▃▁ | Efficiency Ratio (%) | 44.4% | 44.6% | 47.5% | 47.7% | 39.2% | 39.1% | 40.7% | 38.3% |
| ▇██▅▇▇▄▁ | Cost of Funds (%) | 2.29% | 2.35% | 2.36% | 2.22% | 2.31% | 2.30% | 2.20% | 2.05% |
| ▁▁▁▄█▆▆▅ | NPA / Assets (%) | 1.14% | 1.13% | 1.19% | 1.50% | 2.10% | 1.75% | 1.79% | 1.69% |
| ▁▁▁▄█▄▇▃ | Net Charge-Off Ratio (%) | 1.49% | 1.43% | 1.48% | 1.83% | 2.40% | 1.85% | 2.18% | 1.79% |
| ▁▃▂▃▅▇▇█ | Tang. Book Value ($M) | $124 | $128 | $127 | $128 | $130 | $134 | $134 | $136 |
| ▁▃▄▅▆▇██ | Gross Loans ($M) | $325 | $347 | $357 | $359 | $367 | $376 | $385 | $389 |
| ▁▂▃▄▆▆▇█ | Total Deposits ($M) | $289 | $300 | $306 | $311 | $325 | $326 | $333 | $342 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 25% |