Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.33% | +0.15 | 0.18% |
| Return on Equity (%) | ▲ | 2.06% | +1.04 | 1.02% |
| Net Interest Margin (%) | ▲ | 2.97% | +0.03 | 2.94% |
| Efficiency Ratio (%) | ▲ | 80.44% | -7.43 | 87.87% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.77 | $1 |
| Cost of Funds (%) | ▼ | 1.63% | +0.03 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,143 | +69.31 | $1,074 |
| Gross Loans ($M) | ▲ | $865 | +78.80 | $786 |
| Loan Growth YoY (%) | ▲ | 95.71% | +2.76 | 92.95% |
| Total Deposits ($M) | ▲ | $898 | +57.50 | $840 |
| Shareholders Equity ($M) | ▼ | $181 | -9.01 | $190 |
| Tang. Book Value ($M) | ▼ | $156 | -7.78 | $163 |
| TBV excl. AOCI ($M)** | ▼ | $162 | -8.31 | $171 |
| Loan / Deposit Ratio (%) | ▲ | 95.71% | +2.76 | 92.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 0.66% | 0.00% | 0.65% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▁▁▁▁ | Net Interest Margin (%) | 3.40% | 3.32% | 3.23% | 2.94% | 2.98% | 2.99% | 2.99% | 2.97% |
| ▁▃▄▆███▇ | Return on Assets (%) | -0.38% | -0.09% | 0.03% | 0.18% | 0.48% | 0.41% | 0.39% | 0.33% |
| ▁▁▁█▁▂▃▃ | Efficiency Ratio (%) | 77.2% | 77.2% | 77.6% | 87.9% | 78.1% | 79.5% | 80.0% | 80.4% |
| ▁▄██▇▇▇█ | Cost of Funds (%) | 1.35% | 1.47% | 1.62% | 1.60% | 1.57% | 1.56% | 1.58% | 1.63% |
| ▃▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% |
| ▃▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% |
| █▄▄▅▄▅▃▁ | Tang. Book Value ($M) | $169 | $161 | $162 | $163 | $161 | $163 | $159 | $156 |
| ▁▃▃▄▅▆▇█ | Gross Loans ($M) | $737 | $773 | $781 | $786 | $803 | $832 | $841 | $865 |
| ▁▂▂▃▄▆██ | Total Deposits ($M) | $810 | $831 | $832 | $840 | $851 | $872 | $895 | $898 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 8% |