Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.02 | 0.91% |
| Return on Equity (%) | ▲ | 6.20% | +0.25 | 5.95% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.13 | 3.39% |
| Efficiency Ratio (%) | ▲ | 64.61% | -2.43 | 67.04% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.77% | -0.04 | 1.80% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $191 | +18.41 | $173 |
| Gross Loans ($M) | ▲ | $126 | +6.74 | $119 |
| Loan Growth YoY (%) | ▼ | 77.30% | -5.20 | 82.50% |
| Total Deposits ($M) | ▲ | $162 | +18.31 | $143 |
| Shareholders Equity ($M) | ▲ | $28 | +1.91 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +1.91 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +2.35 | $27 |
| Loan / Deposit Ratio (%) | ▼ | 77.30% | -5.20 | 82.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Allowance / Loans (%) | — | 0.98% | -0.03% | 1.01% |
| Net Charge-Off Ratio (%) | ▼ | 0.08% | +0.08 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▆████ | Net Interest Margin (%) | 3.19% | 3.16% | 3.25% | 3.39% | 3.51% | 3.50% | 3.50% | 3.52% |
| ▁▁▁▆███▆ | Return on Assets (%) | 0.63% | 0.64% | 0.68% | 0.91% | 1.03% | 1.06% | 1.03% | 0.93% |
| ██▇▃▁▁▁▂ | Efficiency Ratio (%) | 76.3% | 75.5% | 74.4% | 67.0% | 63.4% | 62.4% | 63.5% | 64.6% |
| █▂▂▂▁▅▄▁ | Cost of Funds (%) | 2.13% | 1.83% | 1.84% | 1.80% | 1.75% | 1.94% | 1.90% | 1.77% |
| ▁▁▆▁▁▅█▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.07% | 0.00% | 0.00% | 0.05% | 0.10% | 0.05% |
| ▁▁▆▁▁▅█▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% | 0.08% | 0.15% | 0.08% |
| ▁▂▁▃▅▇██ | Tang. Book Value ($M) | $25 | $26 | $25 | $26 | $27 | $27 | $28 | $28 |
| ▁▁▁▃█▆█▇ | Gross Loans ($M) | $115 | $115 | $116 | $119 | $128 | $125 | $130 | $126 |
| ▁▅▅▆▆▇▇█ | Total Deposits ($M) | $106 | $136 | $135 | $143 | $142 | $148 | $155 | $162 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 12% |