Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.15% | +0.33 | 0.82% |
| Return on Equity (%) | ▲ | 19.77% | +0.49 | 19.28% |
| Net Interest Margin (%) | ▲ | 3.26% | +0.59 | 2.67% |
| Efficiency Ratio (%) | ▲ | 64.31% | -5.44 | 69.75% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $1 |
| Cost of Funds (%) | ▲ | 1.69% | -0.38 | 2.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $313 | +14.77 | $298 |
| Gross Loans ($M) | ▲ | $188 | +17.89 | $170 |
| Loan Growth YoY (%) | ▲ | 70.13% | +4.42 | 65.71% |
| Total Deposits ($M) | ▲ | $265 | +9.13 | $256 |
| Shareholders Equity ($M) | ▲ | $18 | +4.59 | $13 |
| Tang. Book Value ($M) | ▲ | $18 | +4.59 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +4.16 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 70.13% | +4.42 | 65.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.16% | +0.05 | 0.11% |
| Allowance / Loans (%) | — | 0.98% | -0.01% | 0.98% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.07 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 2.51% | 2.54% | 2.56% | 2.67% | 2.77% | 2.83% | 2.93% | 3.26% |
| ▁▁▂▃▄▅▄█ | Return on Assets (%) | 0.68% | 0.71% | 0.75% | 0.82% | 0.90% | 0.92% | 0.91% | 1.15% |
| ██▆▅▃▃▂▁ | Efficiency Ratio (%) | 74.2% | 73.0% | 71.6% | 69.7% | 67.4% | 67.3% | 66.0% | 64.3% |
| ▄▆██▆▃▅▁ | Cost of Funds (%) | 1.87% | 1.97% | 2.03% | 2.07% | 1.95% | 1.82% | 1.91% | 1.69% |
| ▁▁▁▆▆▆▆█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.11% | 0.11% | 0.10% | 0.11% | 0.16% |
| ▁▁▁▆▆▆▆█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.19% | 0.18% | 0.18% | 0.17% | 0.26% |
| ▁▅▁▂▂▇██ | Tang. Book Value ($M) | $12 | $15 | $12 | $13 | $13 | $17 | $17 | $18 |
| ▁▃▄▄▅▅▇█ | Gross Loans ($M) | $158 | $166 | $171 | $170 | $173 | $174 | $184 | $188 |
| ▃▁▅▅▄▆▃█ | Total Deposits ($M) | $248 | $242 | $254 | $256 | $251 | $259 | $249 | $265 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 14% |