Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.25 | 1.02% |
| Return on Equity (%) | ▲ | 11.83% | +1.69 | 10.14% |
| Net Interest Margin (%) | ▲ | 3.66% | +0.27 | 3.39% |
| Efficiency Ratio (%) | ▲ | 53.66% | -0.29 | 53.95% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▲ | 2.18% | -0.46 | 2.64% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $283 | +6.99 | $276 |
| Gross Loans ($M) | ▲ | $212 | +7.10 | $204 |
| Loan Growth YoY (%) | ▲ | 106.52% | +5.42 | 101.10% |
| Total Deposits ($M) | ▼ | $196 | -4.14 | $200 |
| Shareholders Equity ($M) | ▲ | $31 | +3.06 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +3.09 | $26 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +3.20 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 106.52% | +5.42 | 101.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.87% | +0.89 | 0.98% |
| Allowance / Loans (%) | — | 1.28% | 0.28% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 2.18% | +1.28 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅████ | Net Interest Margin (%) | 3.02% | 2.97% | 3.01% | 3.39% | 3.62% | 3.62% | 3.61% | 3.66% |
| ▁▁▁▅▅▅▅█ | Return on Assets (%) | 0.82% | 0.80% | 0.76% | 1.02% | 1.03% | 1.05% | 1.07% | 1.27% |
| ███▁▁▂▂▁ | Efficiency Ratio (%) | 66.3% | 64.6% | 64.9% | 53.9% | 52.4% | 54.7% | 55.3% | 53.7% |
| ▇██▇▄▅▁▁ | Cost of Funds (%) | 2.71% | 2.80% | 2.72% | 2.64% | 2.44% | 2.49% | 2.15% | 2.18% |
| ▂▃▂▁█▇██ | NPA / Assets (%) | 1.14% | 1.31% | 1.11% | 0.98% | 1.77% | 1.72% | 1.85% | 1.87% |
| ▃▅▄▁▆▇██ | Net Charge-Off Ratio (%) | 1.32% | 1.66% | 1.46% | 0.90% | 1.95% | 2.03% | 2.35% | 2.18% |
| ▁▂▂▃▃▅▇█ | Tang. Book Value ($M) | $24 | $25 | $25 | $26 | $26 | $27 | $28 | $29 |
| ▁▃▃▄▁▃▆█ | Gross Loans ($M) | $200 | $203 | $204 | $204 | $201 | $204 | $209 | $212 |
| ▃▁▅▇▃▃█▅ | Total Deposits ($M) | $192 | $188 | $196 | $200 | $192 | $193 | $203 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 15% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 8% |