Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.66% | +0.18 | 0.48% |
| Return on Equity (%) | ▲ | 7.06% | +2.02 | 5.04% |
| Net Interest Margin (%) | ▲ | 2.03% | +0.26 | 1.77% |
| Efficiency Ratio (%) | ▲ | 54.70% | -7.18 | 61.88% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $1 |
| Cost of Funds (%) | ▲ | 2.42% | -0.01 | 2.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $365 | +12.79 | $352 |
| Gross Loans ($M) | ▲ | $93 | +10.62 | $82 |
| Loan Growth YoY (%) | ▲ | 70.31% | +8.08 | 62.23% |
| Total Deposits ($M) | ▼ | $131 | -0.01 | $131 |
| Shareholders Equity ($M) | ▲ | $34 | +0.54 | $34 |
| Tang. Book Value ($M) | ▲ | $34 | +0.54 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +2.16 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 70.31% | +8.08 | 62.23% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.63% | -0.02% | 0.64% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.92% | -7.66 | 30.59% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▄▅█ | Net Interest Margin (%) | 1.58% | 1.59% | 1.60% | 1.77% | 1.76% | 1.78% | 1.81% | 2.03% |
| ▁▁▁▃▂▄▄█ | Return on Assets (%) | 0.38% | 0.40% | 0.40% | 0.48% | 0.45% | 0.49% | 0.52% | 0.66% |
| ███▅▇▅▅▁ | Efficiency Ratio (%) | 65.5% | 66.0% | 66.4% | 61.9% | 63.8% | 62.0% | 60.9% | 54.7% |
| █▆▃▁▂▃▂▁ | Cost of Funds (%) | 3.18% | 2.94% | 2.69% | 2.43% | 2.52% | 2.63% | 2.59% | 2.42% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▄▃▄▆▇█ | Tang. Book Value ($M) | $33 | $34 | $34 | $34 | $34 | $34 | $34 | $34 |
| ▁▁▂▃▅█▇█ | Gross Loans ($M) | $77 | $79 | $81 | $82 | $86 | $91 | $91 | $93 |
| ▁▁▁▂▆▄█▂ | Total Deposits ($M) | $127 | $123 | $119 | $131 | $161 | $147 | $181 | $131 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 9% |