Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.50% | +0.21 | 0.28% |
| Return on Equity (%) | ▲ | 5.68% | +2.43 | 3.25% |
| Net Interest Margin (%) | ▲ | 2.43% | +0.25 | 2.18% |
| Efficiency Ratio (%) | ▲ | 71.89% | -8.00 | 79.88% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 2.92% | -0.26 | 3.18% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $491 | +4.56 | $486 |
| Gross Loans ($M) | ▲ | $439 | +21.63 | $417 |
| Loan Growth YoY (%) | ▲ | 116.55% | +4.93 | 111.62% |
| Total Deposits ($M) | ▲ | $375 | +2.97 | $372 |
| Shareholders Equity ($M) | ▲ | $43 | +0.54 | $43 |
| Tang. Book Value ($M) | ▲ | $43 | +0.54 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 116.55% | +4.93 | 111.62% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.03% | +0.00 | 0.03% |
| Allowance / Loans (%) | — | 0.26% | -0.05% | 0.32% |
| Net Charge-Off Ratio (%) | — | 0.04% | 0.00 | 0.04% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.23% | +0.00 | 10.23% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▇▇█ | Net Interest Margin (%) | 1.93% | 2.03% | 2.11% | 2.18% | 2.18% | 2.32% | 2.36% | 2.43% |
| ▄▅▆▁▃▇▇█ | Return on Assets (%) | 0.39% | 0.40% | 0.43% | 0.28% | 0.34% | 0.46% | 0.44% | 0.50% |
| ▁▁▁█▇▂▂▂ | Efficiency Ratio (%) | 71.3% | 71.0% | 70.3% | 79.9% | 78.4% | 72.7% | 72.5% | 71.9% |
| ███▅▇▄▃▁ | Cost of Funds (%) | 3.35% | 3.37% | 3.36% | 3.18% | 3.30% | 3.13% | 3.05% | 2.92% |
| ▄█▇▆▃▁▇▇ | NPA / Assets (%) | 0.03% | 0.04% | 0.03% | 0.03% | 0.02% | 0.02% | 0.03% | 0.03% |
| ▄█▇▆▃▁▆▆ | Net Charge-Off Ratio (%) | 0.03% | 0.05% | 0.04% | 0.04% | 0.03% | 0.02% | 0.04% | 0.04% |
| ▁▁▃▇▇███ | Tang. Book Value ($M) | $40 | $40 | $41 | $43 | $43 | $43 | $43 | $43 |
| ▁▂▅▆▄▆▇█ | Gross Loans ($M) | $373 | $388 | $408 | $417 | $399 | $420 | $429 | $439 |
| ▁▃▇▇████ | Total Deposits ($M) | $334 | $350 | $369 | $372 | $374 | $378 | $376 | $375 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 51% |
| Consumer | 49% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 50% |