Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.28% | -0.20 | 2.48% |
| Return on Equity (%) | ▼ | 17.12% | -2.36 | 19.48% |
| Net Interest Margin (%) | ▼ | 4.54% | -0.88 | 5.42% |
| Efficiency Ratio (%) | ▲ | 38.42% | -1.30 | 39.73% |
| Pre-Provision Profit ($M) | ▼ | $5 | -0.12 | $5 |
| Cost of Funds (%) | ▲ | 1.77% | -0.14 | 1.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $639 | +44.59 | $595 |
| Gross Loans ($M) | ▲ | $474 | +37.75 | $436 |
| Loan Growth YoY (%) | ▲ | 85.44% | +1.45 | 83.99% |
| Total Deposits ($M) | ▲ | $548 | +35.63 | $513 |
| Shareholders Equity ($M) | ▲ | $86 | +9.42 | $77 |
| Tang. Book Value ($M) | ▲ | $86 | +9.42 | $77 |
| TBV excl. AOCI ($M)** | ▲ | $90 | +10.47 | $80 |
| Loan / Deposit Ratio (%) | ▲ | 85.44% | +1.45 | 83.99% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.61% | +0.56 | 1.05% |
| Allowance / Loans (%) | — | 1.14% | -0.12% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 2.12% | +0.81 | 1.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.57% | +0.18 | 19.39% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▃█▇▇▆▁ | Net Interest Margin (%) | 4.77% | 4.88% | 4.86% | 5.42% | 5.29% | 5.25% | 5.18% | 4.54% |
| ▁▁▁▄██▆▁ | Return on Assets (%) | 2.27% | 2.28% | 2.24% | 2.48% | 2.73% | 2.68% | 2.58% | 2.28% |
| █▇██▂▁▁▆ | Efficiency Ratio (%) | 39.7% | 39.5% | 40.1% | 39.7% | 36.5% | 36.0% | 35.5% | 38.4% |
| ▄▇█▅▅▃▃▁ | Cost of Funds (%) | 1.89% | 1.97% | 2.01% | 1.92% | 1.90% | 1.86% | 1.86% | 1.77% |
| ██▇▁▁▁▄▄ | NPA / Assets (%) | 2.48% | 2.29% | 2.25% | 1.05% | 0.95% | 0.89% | 1.59% | 1.61% |
| ██▇▁▁▁▄▄ | Net Charge-Off Ratio (%) | 3.29% | 3.03% | 2.90% | 1.32% | 1.24% | 1.20% | 2.11% | 2.12% |
| ▁▁▂▄▆▅▇█ | Tang. Book Value ($M) | $71 | $70 | $73 | $77 | $81 | $80 | $83 | $86 |
| ▁▂▄▄▆▆██ | Gross Loans ($M) | $412 | $422 | $435 | $436 | $454 | $455 | $468 | $474 |
| ▁▂▄▅▄▆██ | Total Deposits ($M) | $473 | $484 | $505 | $513 | $508 | $528 | $542 | $548 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |