Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.29 | 0.76% |
| Return on Equity (%) | ▲ | 5.66% | +1.40 | 4.26% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.45 | 3.16% |
| Efficiency Ratio (%) | ▲ | 64.10% | -5.49 | 69.59% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.41 | $1 |
| Cost of Funds (%) | ▲ | 1.02% | -0.25 | 1.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $497 | +4.15 | $493 |
| Gross Loans ($M) | ▲ | $431 | +5.85 | $425 |
| Loan Growth YoY (%) | ▲ | 108.99% | +0.91 | 108.08% |
| Total Deposits ($M) | ▲ | $391 | +1.87 | $389 |
| Shareholders Equity ($M) | ▲ | $91 | +4.24 | $87 |
| Tang. Book Value ($M) | ▲ | $91 | +4.25 | $87 |
| TBV excl. AOCI ($M)** | ▲ | $92 | +4.27 | $88 |
| Loan / Deposit Ratio (%) | ▲ | 108.99% | +0.91 | 108.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.84% | +0.34 | 0.50% |
| Allowance / Loans (%) | — | 1.10% | 0.05% | 1.05% |
| Net Charge-Off Ratio (%) | ▼ | 0.76% | +0.24 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 35.82% | +1.13 | 34.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄▅█ | Net Interest Margin (%) | 3.15% | 3.14% | 3.15% | 3.16% | 3.28% | 3.37% | 3.42% | 3.60% |
| ▁▁▁▃▂▃▃█ | Return on Assets (%) | 0.71% | 0.69% | 0.66% | 0.76% | 0.72% | 0.78% | 0.78% | 1.05% |
| █▇█▆▇▅▆▁ | Efficiency Ratio (%) | 71.8% | 71.1% | 72.5% | 69.6% | 71.1% | 68.9% | 69.4% | 64.1% |
| ▄███▇▃▃▁ | Cost of Funds (%) | 1.12% | 1.27% | 1.29% | 1.27% | 1.23% | 1.12% | 1.09% | 1.02% |
| ▁▁▁▃▅▆██ | NPA / Assets (%) | 0.32% | 0.37% | 0.35% | 0.50% | 0.62% | 0.69% | 0.77% | 0.84% |
| ▁▂▁▄▆▇██ | Net Charge-Off Ratio (%) | 0.35% | 0.41% | 0.38% | 0.52% | 0.63% | 0.68% | 0.79% | 0.76% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $85 | $86 | $86 | $87 | $88 | $89 | $90 | $91 |
| ▁▃▄▅▆███ | Gross Loans ($M) | $417 | $421 | $424 | $425 | $426 | $430 | $432 | $431 |
| ▁▁▃█▆▃▃█ | Total Deposits ($M) | $372 | $373 | $379 | $389 | $385 | $378 | $378 | $391 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 8% |