Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.58% | +0.28 | 0.31% |
| Return on Equity (%) | ▲ | 2.85% | +1.39 | 1.46% |
| Net Interest Margin (%) | ▲ | 1.84% | +0.29 | 1.55% |
| Efficiency Ratio (%) | ▲ | 74.73% | -10.95 | 85.68% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.92% | -0.38 | 2.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $122 | +5.23 | $117 |
| Gross Loans ($M) | ▲ | $60 | +5.44 | $55 |
| Loan Growth YoY (%) | ▲ | 62.47% | +2.66 | 59.81% |
| Total Deposits ($M) | ▲ | $96 | +4.77 | $91 |
| Shareholders Equity ($M) | ▲ | $25 | +0.46 | $24 |
| Tang. Book Value ($M) | ▲ | $25 | +0.46 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +0.45 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 62.47% | +2.66 | 59.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.90% | -0.30 | 1.20% |
| Allowance / Loans (%) | — | 0.78% | 0.01% | 0.78% |
| Net Charge-Off Ratio (%) | ▲ | 1.82% | -0.74 | 2.55% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 47.71% | -1.31 | 49.02% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▅▅▅█ | Net Interest Margin (%) | 1.18% | 1.18% | 1.23% | 1.55% | 1.54% | 1.56% | 1.53% | 1.84% |
| ▁▃▃▅▃▄▅█ | Return on Assets (%) | 0.00% | 0.20% | 0.19% | 0.31% | 0.17% | 0.26% | 0.32% | 0.58% |
| ▇██▄▃▃▃▁ | Efficiency Ratio (%) | 99.0% | 103.6% | 101.2% | 85.7% | 83.4% | 84.3% | 85.1% | 74.7% |
| ██▅▄▄▅▅▁ | Cost of Funds (%) | 2.68% | 2.73% | 2.33% | 2.30% | 2.29% | 2.35% | 2.33% | 1.92% |
| ▆██▇▅▄▁▁ | NPA / Assets (%) | 1.13% | 1.27% | 1.25% | 1.20% | 1.12% | 1.07% | 0.89% | 0.90% |
| ▇██▇▅▄▁▁ | Net Charge-Off Ratio (%) | 2.48% | 2.69% | 2.65% | 2.55% | 2.34% | 2.20% | 1.82% | 1.82% |
| ▁▂▃▄▄▅▇█ | Tang. Book Value ($M) | $24 | $24 | $24 | $24 | $24 | $25 | $25 | $25 |
| ▁▂▃▃▅▆▇█ | Gross Loans ($M) | $52 | $54 | $55 | $55 | $57 | $57 | $58 | $60 |
| ▁▁▃▃▆▄▇█ | Total Deposits ($M) | $89 | $88 | $90 | $91 | $93 | $92 | $94 | $96 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 100% |
| Deposit Mix | % |
|---|---|
| Interest-Bearing (core) | 100% |