Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.06% | -0.12 | 1.18% |
| Return on Equity (%) | ▼ | 8.68% | -1.58 | 10.26% |
| Net Interest Margin (%) | ▼ | 2.99% | -0.01 | 3.00% |
| Efficiency Ratio (%) | ▼ | 63.63% | +4.22 | 59.41% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 2.48% | -0.11 | 2.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $434 | +17.05 | $417 |
| Gross Loans ($M) | ▲ | $333 | +13.33 | $320 |
| Loan Growth YoY (%) | ▲ | 90.02% | +1.06 | 88.96% |
| Total Deposits ($M) | ▲ | $366 | +10.47 | $356 |
| Shareholders Equity ($M) | ▲ | $52 | +4.09 | $48 |
| Tang. Book Value ($M) | ▲ | $52 | +4.12 | $48 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +4.02 | $52 |
| Loan / Deposit Ratio (%) | ▲ | 90.02% | +1.06 | 88.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -0.03 | 0.08% |
| Allowance / Loans (%) | — | 1.01% | 0.00% | 1.01% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.03 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▆███▆ | Net Interest Margin (%) | 2.81% | 2.85% | 2.89% | 3.00% | 3.05% | 3.06% | 3.07% | 2.99% |
| ▂▂▁▅▅██▃ | Return on Assets (%) | 1.04% | 1.06% | 0.95% | 1.18% | 1.21% | 1.39% | 1.38% | 1.06% |
| ▇▆▆▄▄▁▁█ | Efficiency Ratio (%) | 61.9% | 61.6% | 60.8% | 59.4% | 58.9% | 55.8% | 55.8% | 63.6% |
| ██▇▃▅▄▄▁ | Cost of Funds (%) | 2.89% | 2.89% | 2.83% | 2.59% | 2.69% | 2.65% | 2.66% | 2.48% |
| █▃▂▁▁▁▁▁ | NPA / Assets (%) | 0.34% | 0.14% | 0.09% | 0.08% | 0.07% | 0.05% | 0.05% | 0.05% |
| █▃▂▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.45% | 0.19% | 0.13% | 0.10% | 0.09% | 0.07% | 0.07% | 0.07% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $44 | $48 | $46 | $48 | $49 | $50 | $52 | $52 |
| ▂▁▁▆▅▆▇█ | Gross Loans ($M) | $303 | $297 | $300 | $320 | $316 | $320 | $328 | $333 |
| ▁▁▅▇▆▆▆█ | Total Deposits ($M) | $326 | $323 | $346 | $356 | $353 | $355 | $351 | $366 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 24% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 38% |
| Brokered / Other | 46% |