Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.30 | 0.77% |
| Return on Equity (%) | ▲ | 9.95% | +2.49 | 7.46% |
| Net Interest Margin (%) | ▲ | 3.69% | +0.31 | 3.39% |
| Efficiency Ratio (%) | ▲ | 64.03% | -7.67 | 71.70% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.53 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.20 | 1.88% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $503 | +22.94 | $480 |
| Gross Loans ($M) | ▲ | $309 | +14.08 | $295 |
| Loan Growth YoY (%) | ▲ | 68.82% | +0.66 | 68.16% |
| Total Deposits ($M) | ▲ | $443 | +16.37 | $427 |
| Shareholders Equity ($M) | ▲ | $54 | +5.30 | $49 |
| Tang. Book Value ($M) | ▲ | $53 | +5.45 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +5.56 | $53 |
| Loan / Deposit Ratio (%) | ▲ | 68.82% | +0.66 | 68.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.89% | -0.01 | 0.90% |
| Allowance / Loans (%) | — | 1.39% | -0.07% | 1.46% |
| Net Charge-Off Ratio (%) | ▼ | 1.20% | +0.00 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.97% | +1.81 | 17.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▆▇▇█ | Net Interest Margin (%) | 3.22% | 3.17% | 3.20% | 3.39% | 3.53% | 3.62% | 3.62% | 3.69% |
| ▂▁▂▂▆██▇ | Return on Assets (%) | 0.77% | 0.71% | 0.77% | 0.77% | 0.99% | 1.14% | 1.13% | 1.07% |
| ███▆▃▂▂▁ | Efficiency Ratio (%) | 75.3% | 75.2% | 73.9% | 71.7% | 67.5% | 66.1% | 65.5% | 64.0% |
| ▇█▇▃▂▂▂▁ | Cost of Funds (%) | 2.10% | 2.23% | 2.09% | 1.88% | 1.79% | 1.77% | 1.79% | 1.67% |
| ▄▇▇█▇▁█▇ | NPA / Assets (%) | 0.78% | 0.88% | 0.87% | 0.90% | 0.88% | 0.63% | 0.93% | 0.89% |
| ██▅▇▆▁█▇ | Net Charge-Off Ratio (%) | 1.28% | 1.26% | 1.06% | 1.20% | 1.15% | 0.77% | 1.26% | 1.20% |
| ▁▂▁▂▂▆██ | Tang. Book Value ($M) | $47 | $48 | $48 | $48 | $48 | $51 | $53 | $53 |
| ▁▂▄▅▆▆██ | Gross Loans ($M) | $273 | $282 | $287 | $295 | $298 | $300 | $307 | $309 |
| ▁▁▄▆▅▆██ | Total Deposits ($M) | $395 | $393 | $414 | $427 | $420 | $430 | $439 | $443 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 9% |