Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.06 | 0.96% |
| Return on Equity (%) | ▲ | 12.22% | +0.56 | 11.66% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.25 | 3.95% |
| Efficiency Ratio (%) | ▲ | 62.86% | -2.97 | 65.83% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 1.62% | -0.19 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $209 | +36.19 | $172 |
| Gross Loans ($M) | ▲ | $143 | +13.97 | $129 |
| Loan Growth YoY (%) | ▼ | 75.34% | -6.06 | 81.40% |
| Total Deposits ($M) | ▲ | $187 | +30.81 | $156 |
| Shareholders Equity ($M) | ▲ | $16 | +1.94 | $14 |
| Tang. Book Value ($M) | ▲ | $16 | +1.96 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.99 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 75.34% | -6.06 | 81.40% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.66% | +0.29 | 0.37% |
| Allowance / Loans (%) | — | 1.34% | 0.02% | 1.32% |
| Net Charge-Off Ratio (%) | ▼ | 0.96% | +0.47 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.38% | -0.07 | 13.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▆██▇ | Net Interest Margin (%) | 3.87% | 3.91% | 3.95% | 3.95% | 4.14% | 4.25% | 4.29% | 4.21% |
| ▁▂▆▅▇██▆ | Return on Assets (%) | 0.79% | 0.87% | 1.00% | 0.96% | 1.06% | 1.09% | 1.10% | 1.02% |
| █▆▄▅▂▁▁▂ | Efficiency Ratio (%) | 68.7% | 66.5% | 64.4% | 65.8% | 62.3% | 61.4% | 61.3% | 62.9% |
| ██▇▇▅▃▄▁ | Cost of Funds (%) | 1.85% | 1.87% | 1.82% | 1.81% | 1.77% | 1.71% | 1.72% | 1.62% |
| ▆▃▁▁▃██▅ | NPA / Assets (%) | 0.75% | 0.50% | 0.43% | 0.37% | 0.54% | 0.87% | 0.84% | 0.66% |
| ▇▃▂▁▃██▆ | Net Charge-Off Ratio (%) | 1.03% | 0.67% | 0.60% | 0.50% | 0.71% | 1.14% | 1.12% | 0.96% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $13 | $14 | $14 | $14 | $15 | $16 | $17 | $16 |
| ▁▃▃▃▆▇██ | Gross Loans ($M) | $121 | $126 | $126 | $129 | $135 | $140 | $141 | $143 |
| ▁▁▂▁▃▄▄█ | Total Deposits ($M) | $152 | $153 | $159 | $156 | $161 | $165 | $166 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 30% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 12% |