Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.25 | 0.59% |
| Return on Equity (%) | ▲ | 5.62% | +1.39 | 4.23% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.67 | 2.75% |
| Efficiency Ratio (%) | ▲ | 67.19% | -5.64 | 72.82% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▲ | 1.53% | -0.21 | 1.74% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $308 | -0.22 | $308 |
| Gross Loans ($M) | ▲ | $236 | +10.27 | $225 |
| Loan Growth YoY (%) | ▲ | 92.00% | +4.56 | 87.44% |
| Total Deposits ($M) | ▼ | $255 | -1.62 | $256 |
| Shareholders Equity ($M) | ▲ | $46 | +3.66 | $43 |
| Tang. Book Value ($M) | ▲ | $46 | +3.66 | $43 |
| TBV excl. AOCI ($M)** | ▲ | $47 | +3.24 | $44 |
| Loan / Deposit Ratio (%) | ▲ | 92.00% | +4.56 | 87.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.13% | +0.08 | 0.05% |
| Allowance / Loans (%) | — | 0.63% | 0.00% | 0.63% |
| Net Charge-Off Ratio (%) | ▼ | 0.18% | +0.15 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 25.01% | -0.23 | 25.24% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▅▆█ | Net Interest Margin (%) | 2.13% | 2.19% | 2.28% | 2.75% | 2.82% | 2.89% | 2.98% | 3.42% |
| ▁▁▁▆▆▅▅█ | Return on Assets (%) | 0.18% | 0.22% | 0.15% | 0.59% | 0.63% | 0.53% | 0.50% | 0.84% |
| ███▂▂▃▄▁ | Efficiency Ratio (%) | 90.5% | 88.6% | 89.7% | 72.8% | 71.2% | 75.1% | 76.8% | 67.2% |
| ██▇▄▄▄▃▁ | Cost of Funds (%) | 2.02% | 2.05% | 1.93% | 1.74% | 1.75% | 1.77% | 1.72% | 1.53% |
| ▅▇█▁▃▃▆▅ | NPA / Assets (%) | 0.13% | 0.16% | 0.18% | 0.05% | 0.09% | 0.09% | 0.15% | 0.13% |
| ▆▆█▁▂▄▇▆ | Net Charge-Off Ratio (%) | 0.18% | 0.19% | 0.24% | 0.03% | 0.06% | 0.12% | 0.20% | 0.18% |
| ▁▂▃▄▅▅██ | Tang. Book Value ($M) | $40 | $41 | $42 | $43 | $43 | $44 | $46 | $46 |
| ▁▂▄▄▄▆▇█ | Gross Loans ($M) | $219 | $222 | $225 | $225 | $226 | $230 | $233 | $236 |
| ▄▁▁██▇▄▇ | Total Deposits ($M) | $251 | $249 | $248 | $256 | $256 | $255 | $251 | $255 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 17% |