Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.83 | 0.48% |
| Return on Equity (%) | ▲ | 16.63% | +8.77 | 7.86% |
| Net Interest Margin (%) | ▲ | 3.95% | +0.97 | 2.98% |
| Efficiency Ratio (%) | ▲ | 67.60% | -17.73 | 85.33% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.73 | $0 |
| Cost of Funds (%) | ▲ | 1.46% | -0.31 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $337 | +3.29 | $334 |
| Gross Loans ($M) | ▲ | $231 | +27.93 | $203 |
| Loan Growth YoY (%) | ▲ | 75.13% | +8.43 | 66.71% |
| Total Deposits ($M) | ▲ | $304 | +2.82 | $301 |
| Shareholders Equity ($M) | ▲ | $26 | +5.79 | $20 |
| Tang. Book Value ($M) | ▲ | $25 | +5.88 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +5.30 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 75.13% | +8.43 | 66.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.17% | -0.73 | 0.90% |
| Allowance / Loans (%) | — | 0.99% | 0.07% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.25% | -1.23 | 1.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.51% | -0.21 | 13.73% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▄▅█ | Net Interest Margin (%) | 2.97% | 2.92% | 2.93% | 2.98% | 3.22% | 3.36% | 3.47% | 3.95% |
| ▃▃▃▁▃▄▅█ | Return on Assets (%) | 0.69% | 0.69% | 0.70% | 0.48% | 0.71% | 0.82% | 0.90% | 1.30% |
| ▆▆▆█▆▅▁▂ | Efficiency Ratio (%) | 79.1% | 79.2% | 78.6% | 85.3% | 77.8% | 75.1% | 62.3% | 67.6% |
| ▄▇▆█▅▂▂▁ | Cost of Funds (%) | 1.59% | 1.70% | 1.69% | 1.78% | 1.62% | 1.53% | 1.53% | 1.46% |
| ████▁▁▁▁ | NPA / Assets (%) | 0.85% | 0.81% | 0.84% | 0.90% | 0.11% | 0.14% | 0.15% | 0.17% |
| ████▁▁▁▁ | Net Charge-Off Ratio (%) | 1.33% | 1.32% | 1.34% | 1.48% | 0.16% | 0.22% | 0.22% | 0.25% |
| ▁▂▂▃▄▅██ | Tang. Book Value ($M) | $16 | $19 | $18 | $19 | $20 | $22 | $24 | $25 |
| ▂▁▂▂▄▅▆█ | Gross Loans ($M) | $201 | $194 | $201 | $203 | $210 | $213 | $220 | $231 |
| ▁▁▂▇▄▆▂█ | Total Deposits ($M) | $283 | $284 | $286 | $301 | $292 | $296 | $287 | $304 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 9% |
| Consumer | 3% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 6% |