Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.31% | +0.20 | 1.11% |
| Return on Equity (%) | ▲ | 14.58% | +2.50 | 12.08% |
| Net Interest Margin (%) | ▲ | 3.78% | +0.21 | 3.57% |
| Efficiency Ratio (%) | ▲ | 56.02% | -2.56 | 58.58% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.63 | $3 |
| Cost of Funds (%) | ▲ | 1.70% | -0.21 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $789 | +80.95 | $708 |
| Gross Loans ($M) | ▲ | $498 | +34.24 | $464 |
| Loan Growth YoY (%) | ▼ | 69.00% | -3.04 | 72.05% |
| Total Deposits ($M) | ▲ | $713 | +77.38 | $636 |
| Shareholders Equity ($M) | ▲ | $72 | +3.45 | $68 |
| Tang. Book Value ($M) | ▲ | $72 | +3.47 | $68 |
| TBV excl. AOCI ($M)** | ▲ | $80 | +3.66 | $76 |
| Loan / Deposit Ratio (%) | ▼ | 69.00% | -3.04 | 72.05% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.18% | -0.04% | 1.22% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.11% | -0.39 | 15.49% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆███ | Net Interest Margin (%) | 3.03% | 3.13% | 3.21% | 3.57% | 3.64% | 3.78% | 3.84% | 3.78% |
| ▁▁▃▅▆▇██ | Return on Assets (%) | 0.84% | 0.90% | 1.03% | 1.11% | 1.20% | 1.27% | 1.36% | 1.31% |
| █▇▆▅▄▃▁▂ | Efficiency Ratio (%) | 62.4% | 60.5% | 59.6% | 58.6% | 57.9% | 56.4% | 54.0% | 56.0% |
| ▇█▆▃▂▂▁▁ | Cost of Funds (%) | 2.36% | 2.55% | 2.27% | 1.91% | 1.78% | 1.80% | 1.63% | 1.70% |
| ▁▁▁▁▁█▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% |
| ▁▁▁▁▁█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% |
| ▁▃▃▅▇█▆▇ | Tang. Book Value ($M) | $60 | $64 | $65 | $68 | $71 | $75 | $70 | $72 |
| ▁▂▃▃▆██▇ | Gross Loans ($M) | $444 | $453 | $462 | $464 | $492 | $504 | $509 | $498 |
| ▁▄▅▂▄▄██ | Total Deposits ($M) | $614 | $661 | $674 | $636 | $652 | $656 | $712 | $713 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |