Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.44% | +0.20 | 0.24% |
| Return on Equity (%) | ▲ | 4.04% | +1.64 | 2.40% |
| Net Interest Margin (%) | ▲ | 2.96% | +0.34 | 2.62% |
| Efficiency Ratio (%) | ▲ | 81.80% | -6.67 | 88.48% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.43 | $1 |
| Cost of Funds (%) | ▲ | 1.28% | -0.10 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $679 | +10.83 | $668 |
| Gross Loans ($M) | ▲ | $411 | +4.66 | $406 |
| Loan Growth YoY (%) | ▲ | 70.10% | +0.23 | 69.87% |
| Total Deposits ($M) | ▲ | $580 | +4.61 | $575 |
| Shareholders Equity ($M) | ▲ | $73 | +5.21 | $68 |
| Tang. Book Value ($M) | ▲ | $73 | +5.21 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $82 | +5.79 | $76 |
| Loan / Deposit Ratio (%) | ▲ | 70.10% | +0.23 | 69.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Allowance / Loans (%) | — | 1.03% | 0.02% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.03 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.12% | +0.26 | 20.86% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▄▆▆█ | Net Interest Margin (%) | 2.52% | 2.56% | 2.58% | 2.62% | 2.71% | 2.79% | 2.84% | 2.96% |
| ▁▂▃▃▄▅▆█ | Return on Assets (%) | 0.15% | 0.21% | 0.24% | 0.24% | 0.30% | 0.31% | 0.35% | 0.44% |
| █▇▆▆▄▄▃▁ | Efficiency Ratio (%) | 91.6% | 90.0% | 88.7% | 88.5% | 85.8% | 85.6% | 84.5% | 81.8% |
| ▁▇█▆▅▄▅▁ | Cost of Funds (%) | 1.28% | 1.41% | 1.44% | 1.38% | 1.37% | 1.34% | 1.36% | 1.28% |
| ▁▁▁▂██▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.02% | 0.10% | 0.11% | 0.00% | 0.00% |
| ▁▁▁▂██▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.03% | 0.17% | 0.18% | 0.00% | 0.00% |
| ▁▄▂▅▆███ | Tang. Book Value ($M) | $62 | $66 | $64 | $68 | $69 | $72 | $73 | $73 |
| ▁▇▃▅██▆█ | Gross Loans ($M) | $398 | $409 | $403 | $406 | $412 | $412 | $407 | $411 |
| ▂▁▁▇▄▆▆█ | Total Deposits ($M) | $558 | $552 | $555 | $575 | $565 | $570 | $571 | $580 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 11% |