Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.83% | +0.17 | 1.67% |
| Return on Equity (%) | ▲ | 16.02% | +1.45 | 14.57% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.19 | 4.41% |
| Efficiency Ratio (%) | ▲ | 49.09% | -1.80 | 50.89% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.44 | $2 |
| Cost of Funds (%) | ▲ | 1.23% | -0.08 | 1.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $378 | +37.92 | $340 |
| Gross Loans ($M) | ▲ | $306 | +41.11 | $264 |
| Loan Growth YoY (%) | ▲ | 97.70% | +7.24 | 90.45% |
| Total Deposits ($M) | ▲ | $307 | +20.16 | $287 |
| Shareholders Equity ($M) | ▲ | $44 | +5.18 | $39 |
| Tang. Book Value ($M) | ▲ | $44 | +5.18 | $39 |
| TBV excl. AOCI ($M)** | ▲ | $46 | +5.30 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 97.70% | +7.24 | 90.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.00 | 0.05% |
| Allowance / Loans (%) | — | 1.69% | -0.03% | 1.72% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.01 | 0.06% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆▇▇█ | Net Interest Margin (%) | 4.11% | 4.13% | 4.18% | 4.41% | 4.43% | 4.47% | 4.48% | 4.59% |
| ▁▁▁▆▆▇▆█ | Return on Assets (%) | 1.27% | 1.29% | 1.31% | 1.67% | 1.67% | 1.69% | 1.67% | 1.83% |
| ██▇▂▂▃▃▁ | Efficiency Ratio (%) | 58.4% | 57.4% | 56.8% | 50.9% | 51.3% | 51.5% | 52.1% | 49.1% |
| ▃█▆▇▂█▁▁ | Cost of Funds (%) | 1.26% | 1.33% | 1.31% | 1.31% | 1.25% | 1.34% | 1.22% | 1.23% |
| █▇▂▂▁▁▂▁ | NPA / Assets (%) | 0.10% | 0.09% | 0.05% | 0.05% | 0.04% | 0.04% | 0.05% | 0.04% |
| █▇▃▂▁▁▃▁ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.07% | 0.06% | 0.05% | 0.05% | 0.07% | 0.05% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $35 | $37 | $38 | $39 | $40 | $42 | $43 | $44 |
| ▁▂▃▃▄▆▇█ | Gross Loans ($M) | $244 | $254 | $265 | $264 | $271 | $285 | $297 | $306 |
| ▁▁▃▄▄▅█▇ | Total Deposits ($M) | $263 | $265 | $280 | $287 | $290 | $294 | $317 | $307 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 6% |