Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.13% | +0.45 | 0.69% |
| Return on Equity (%) | ▲ | 11.17% | +4.41 | 6.76% |
| Net Interest Margin (%) | ▲ | 4.38% | +0.48 | 3.90% |
| Efficiency Ratio (%) | ▲ | 70.97% | -8.39 | 79.36% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.38 | $1 |
| Cost of Funds (%) | ▲ | 2.27% | -0.35 | 2.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $319 | +27.99 | $291 |
| Gross Loans ($M) | ▲ | $249 | +5.84 | $243 |
| Loan Growth YoY (%) | ▼ | 86.29% | -11.30 | 97.59% |
| Total Deposits ($M) | ▲ | $284 | +38.55 | $245 |
| Shareholders Equity ($M) | ▲ | $32 | +1.69 | $30 |
| Tang. Book Value ($M) | ▲ | $32 | +1.69 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 86.29% | -11.30 | 97.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.13 | 0.22% |
| Allowance / Loans (%) | — | 1.57% | 0.09% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 0.12% | -0.15 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.09% | +0.13 | 12.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▆▇▇█ | Net Interest Margin (%) | 3.42% | 3.50% | 3.67% | 3.90% | 4.09% | 4.18% | 4.26% | 4.38% |
| ▁▁▂▄▅▆▆█ | Return on Assets (%) | 0.35% | 0.42% | 0.50% | 0.69% | 0.79% | 0.86% | 0.91% | 1.13% |
| ██▆▄▃▂▂▁ | Efficiency Ratio (%) | 89.3% | 87.4% | 83.8% | 79.4% | 77.1% | 75.2% | 74.6% | 71.0% |
| ▆█▇▅▄▃▄▁ | Cost of Funds (%) | 2.67% | 2.84% | 2.69% | 2.61% | 2.55% | 2.44% | 2.55% | 2.27% |
| ▇█▅▅▂▂▁▁ | NPA / Assets (%) | 0.30% | 0.33% | 0.24% | 0.22% | 0.15% | 0.13% | 0.11% | 0.09% |
| ██▅▅▂▁▁▁ | Net Charge-Off Ratio (%) | 0.36% | 0.39% | 0.28% | 0.26% | 0.18% | 0.14% | 0.13% | 0.12% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $28 | $29 | $29 | $30 | $30 | $31 | $31 | $32 |
| ▁▃▃▂▄██▅ | Gross Loans ($M) | $239 | $245 | $244 | $243 | $246 | $257 | $256 | $249 |
| ▁▁▂▂▄▅▅█ | Total Deposits ($M) | $233 | $239 | $241 | $245 | $253 | $262 | $263 | $284 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 7% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 13% |