Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.87% | -0.15 | 1.02% |
| Return on Equity (%) | ▼ | 8.97% | -0.73 | 9.70% |
| Net Interest Margin (%) | ▼ | 4.18% | -0.06 | 4.24% |
| Efficiency Ratio (%) | ▼ | 72.12% | +4.64 | 67.48% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▼ | 1.52% | +0.04 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $287 | +39.20 | $247 |
| Gross Loans ($M) | ▲ | $232 | +42.35 | $190 |
| Loan Growth YoY (%) | ▲ | 88.86% | +3.98 | 84.88% |
| Total Deposits ($M) | ▲ | $258 | +37.52 | $220 |
| Shareholders Equity ($M) | ▲ | $27 | +1.12 | $26 |
| Tang. Book Value ($M) | ▲ | $27 | +1.12 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 88.86% | +3.98 | 84.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.45% | +1.38 | 0.07% |
| Allowance / Loans (%) | — | 1.26% | -0.16% | 1.42% |
| Net Charge-Off Ratio (%) | ▼ | 1.79% | +1.70 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.78% | -2.28 | 13.07% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆██▄▆▆▇▁ | Net Interest Margin (%) | 4.28% | 4.32% | 4.34% | 4.24% | 4.28% | 4.29% | 4.30% | 4.18% |
| ▅▅▇▄█▇▆▁ | Return on Assets (%) | 1.09% | 1.10% | 1.20% | 1.02% | 1.26% | 1.18% | 1.16% | 0.87% |
| ▃▃▁▅▂▃▃█ | Efficiency Ratio (%) | 65.3% | 65.0% | 62.1% | 67.5% | 63.6% | 65.3% | 65.5% | 72.1% |
| ▄██▁▁▂▃▃ | Cost of Funds (%) | 1.55% | 1.64% | 1.65% | 1.49% | 1.47% | 1.51% | 1.54% | 1.52% |
| ▁▁▁▁▁███ | NPA / Assets (%) | 0.08% | 0.08% | 0.08% | 0.07% | 0.09% | 1.60% | 1.54% | 1.45% |
| ▁▁▁▁▁███ | Net Charge-Off Ratio (%) | 0.10% | 0.11% | 0.11% | 0.09% | 0.11% | 2.02% | 1.81% | 1.79% |
| ▁▂▄▅▇█▆▇ | Tang. Book Value ($M) | $24 | $25 | $26 | $26 | $27 | $28 | $27 | $27 |
| ▁▁▁▁▃▄██ | Gross Loans ($M) | $190 | $192 | $189 | $190 | $200 | $207 | $229 | $232 |
| ▁▁▂▂▃▄▅█ | Total Deposits ($M) | $213 | $216 | $219 | $220 | $225 | $231 | $237 | $258 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 19% |