Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.53% | -0.24 | 0.77% |
| Return on Equity (%) | ▼ | 5.33% | -2.75 | 8.08% |
| Net Interest Margin (%) | ▼ | 3.57% | -0.35 | 3.92% |
| Efficiency Ratio (%) | ▼ | 74.07% | +1.53 | 72.54% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▼ | 1.02% | +0.41 | 0.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $250 | +13.22 | $237 |
| Gross Loans ($M) | ▲ | $136 | +6.76 | $129 |
| Loan Growth YoY (%) | ▼ | 60.36% | -0.30 | 60.66% |
| Total Deposits ($M) | ▲ | $222 | +11.68 | $210 |
| Shareholders Equity ($M) | ▲ | $24 | +1.76 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +1.76 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.83 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 60.36% | -0.30 | 60.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.83% | +0.46 | 0.36% |
| Allowance / Loans (%) | — | 1.76% | 0.17% | 1.59% |
| Net Charge-Off Ratio (%) | ▼ | 1.52% | +0.85 | 0.67% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.39% | -0.10 | 15.50% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▆▆▄▄▁ | Net Interest Margin (%) | 4.07% | 4.08% | 4.10% | 3.92% | 3.97% | 3.79% | 3.80% | 3.57% |
| ▅██▅▅▂▄▁ | Return on Assets (%) | 0.74% | 0.93% | 0.91% | 0.77% | 0.76% | 0.63% | 0.69% | 0.53% |
| ▄▁▁▆▃█▇█ | Efficiency Ratio (%) | 71.2% | 68.6% | 69.4% | 72.5% | 70.3% | 74.8% | 73.8% | 74.1% |
| ▁▁▁▁▂█▅▅ | Cost of Funds (%) | 0.59% | 0.58% | 0.63% | 0.61% | 0.72% | 1.43% | 1.02% | 1.02% |
| █▂▂▁▁▁▁█ | NPA / Assets (%) | 0.82% | 0.45% | 0.44% | 0.36% | 0.36% | 0.36% | 0.37% | 0.83% |
| ▂▂▂▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.77% | 0.77% | 0.75% | 0.67% | 0.65% | 0.64% | 0.63% | 1.52% |
| ▁▃▄▅▆▇██ | Tang. Book Value ($M) | $20 | $21 | $22 | $22 | $23 | $23 | $24 | $24 |
| ▁▁▅▂▄▄▅█ | Gross Loans ($M) | $128 | $129 | $132 | $129 | $132 | $131 | $133 | $136 |
| ▁▂▄▆▆▅▄█ | Total Deposits ($M) | $180 | $190 | $197 | $210 | $210 | $203 | $198 | $222 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 63% |