Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.33% | +0.16 | 1.17% |
| Return on Equity (%) | ▲ | 13.83% | +0.51 | 13.32% |
| Net Interest Margin (%) | ▲ | 3.62% | +0.15 | 3.46% |
| Efficiency Ratio (%) | ▼ | 50.55% | +2.03 | 48.52% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.10 | $2 |
| Cost of Funds (%) | ▲ | 2.55% | -0.11 | 2.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $497 | +17.90 | $479 |
| Gross Loans ($M) | ▲ | $420 | +16.33 | $403 |
| Loan Growth YoY (%) | ▲ | 95.53% | +1.28 | 94.25% |
| Total Deposits ($M) | ▲ | $434 | +11.16 | $422 |
| Shareholders Equity ($M) | ▲ | $48 | +5.19 | $42 |
| Tang. Book Value ($M) | ▲ | $47 | +5.24 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 95.53% | +1.28 | 94.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.76% | +0.54 | 0.22% |
| Allowance / Loans (%) | — | 1.29% | 0.01% | 1.27% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.64 | 0.26% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▅▆███ | Net Interest Margin (%) | 3.30% | 3.21% | 3.24% | 3.46% | 3.51% | 3.60% | 3.58% | 3.62% |
| ▂▁▂▄▅▆▅█ | Return on Assets (%) | 1.07% | 1.03% | 1.07% | 1.17% | 1.19% | 1.24% | 1.20% | 1.33% |
| ▆▇█▁▁▂▄▂ | Efficiency Ratio (%) | 53.8% | 55.2% | 56.7% | 48.5% | 49.3% | 50.2% | 51.7% | 50.5% |
| ██▆▂▃▅▁▁ | Cost of Funds (%) | 3.06% | 3.05% | 2.88% | 2.66% | 2.74% | 2.85% | 2.60% | 2.55% |
| ▂▃▃▁▅▁█▅ | NPA / Assets (%) | 0.32% | 0.52% | 0.54% | 0.22% | 0.75% | 0.20% | 1.20% | 0.76% |
| ▂▃▃▁▅▁█▅ | Net Charge-Off Ratio (%) | 0.38% | 0.61% | 0.64% | 0.26% | 0.86% | 0.23% | 1.40% | 0.90% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $37 | $39 | $40 | $42 | $43 | $44 | $46 | $47 |
| ▁▂▄▄▅▂▇█ | Gross Loans ($M) | $389 | $395 | $401 | $403 | $405 | $396 | $413 | $420 |
| ▁▃▃▅▇▁▁█ | Total Deposits ($M) | $408 | $416 | $417 | $422 | $430 | $409 | $411 | $434 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 11% |