Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.40 | 0.47% |
| Return on Equity (%) | ▲ | 8.63% | +3.68 | 4.95% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.45 | 2.85% |
| Efficiency Ratio (%) | ▲ | 75.88% | -4.42 | 80.31% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.37 | $1 |
| Cost of Funds (%) | ▲ | 1.97% | -0.33 | 2.30% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $644 | +12.19 | $632 |
| Gross Loans ($M) | ▼ | $539 | -27.07 | $567 |
| Loan Growth YoY (%) | ▼ | 100.16% | -11.67 | 111.84% |
| Total Deposits ($M) | ▲ | $533 | +31.47 | $502 |
| Shareholders Equity ($M) | ▲ | $63 | +3.46 | $60 |
| Tang. Book Value ($M) | ▲ | $63 | +3.51 | $59 |
| TBV excl. AOCI ($M)** | ▲ | $64 | +3.88 | $60 |
| Loan / Deposit Ratio (%) | ▼ | 100.16% | -11.67 | 111.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.75% | -0.10 | 0.85% |
| Allowance / Loans (%) | — | 0.95% | 0.04% | 0.91% |
| Net Charge-Off Ratio (%) | ▲ | 0.90% | -0.05 | 0.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.10% | +1.29 | 13.81% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▄▅▅█ | Net Interest Margin (%) | 2.32% | 2.38% | 2.45% | 2.85% | 2.80% | 2.85% | 2.90% | 3.30% |
| ▁▁▂▄▆▅▅█ | Return on Assets (%) | 0.15% | 0.23% | 0.27% | 0.47% | 0.62% | 0.59% | 0.59% | 0.86% |
| █▇▆▃▁▁▁▁ | Efficiency Ratio (%) | 91.1% | 88.5% | 86.5% | 80.3% | 75.2% | 76.2% | 76.3% | 75.9% |
| ██▆▄▄▄▃▁ | Cost of Funds (%) | 2.67% | 2.65% | 2.47% | 2.30% | 2.24% | 2.27% | 2.24% | 1.97% |
| ▁▇▇▇███▆ | NPA / Assets (%) | 0.20% | 0.83% | 0.85% | 0.85% | 0.97% | 0.96% | 0.94% | 0.75% |
| ▁▇▇▇███▇ | Net Charge-Off Ratio (%) | 0.23% | 0.93% | 0.96% | 0.95% | 1.12% | 1.07% | 1.05% | 0.90% |
| ▂▁▂▂▄▆██ | Tang. Book Value ($M) | $59 | $58 | $59 | $59 | $60 | $61 | $62 | $63 |
| ████▆▆▄▁ | Gross Loans ($M) | $565 | $565 | $564 | $567 | $558 | $558 | $550 | $539 |
| ▆▃▄▁█▃▂█ | Total Deposits ($M) | $526 | $514 | $517 | $502 | $536 | $512 | $507 | $533 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 12% |