Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.42% | -0.17 | 0.60% |
| Return on Equity (%) | ▼ | 5.01% | -1.47 | 6.48% |
| Net Interest Margin (%) | ▼ | 3.22% | -0.38 | 3.60% |
| Efficiency Ratio (%) | ▼ | 78.72% | +0.78 | 77.94% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $1 |
| Cost of Funds (%) | ▼ | 3.12% | +0.20 | 2.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $553 | +88.68 | $464 |
| Gross Loans ($M) | ▲ | $475 | +77.02 | $398 |
| Loan Growth YoY (%) | ▼ | 105.46% | -2.79 | 108.25% |
| Total Deposits ($M) | ▲ | $447 | +82.34 | $365 |
| Shareholders Equity ($M) | ▲ | $47 | +3.54 | $43 |
| Tang. Book Value ($M) | ▲ | $47 | +3.38 | $43 |
| Loan / Deposit Ratio (%) | ▼ | 105.46% | -2.79 | 108.25% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.12% | +0.33 | 0.79% |
| Allowance / Loans (%) | — | 0.76% | -0.06% | 0.81% |
| Net Charge-Off Ratio (%) | ▼ | 1.14% | +0.22 | 0.92% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.82% | -1.38 | 12.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▆███▁ | Net Interest Margin (%) | 3.79% | 3.73% | 3.68% | 3.60% | 3.77% | 3.78% | 3.77% | 3.22% |
| █▅▇▇▅▅█▁ | Return on Assets (%) | 0.63% | 0.56% | 0.60% | 0.60% | 0.55% | 0.55% | 0.65% | 0.42% |
| ▇▆▄▇▂▃▁█ | Efficiency Ratio (%) | 77.8% | 77.4% | 76.0% | 77.9% | 75.0% | 75.3% | 73.9% | 78.7% |
| ██▄▃▁▁▅█ | Cost of Funds (%) | 3.12% | 3.15% | 2.94% | 2.92% | 2.81% | 2.82% | 2.99% | 3.12% |
| ▁▆▃▄▂█▅▇ | NPA / Assets (%) | 0.48% | 0.95% | 0.75% | 0.79% | 0.65% | 1.22% | 0.88% | 1.12% |
| ▁▆▄▄▃█▄▆ | Net Charge-Off Ratio (%) | 0.57% | 1.11% | 0.88% | 0.92% | 0.77% | 1.33% | 0.90% | 1.14% |
| ▁▂▂▄▅▆██ | Tang. Book Value ($M) | $41 | $42 | $42 | $43 | $44 | $45 | $46 | $47 |
| ▁▁▃▃▅▇▇█ | Gross Loans ($M) | $353 | $366 | $392 | $398 | $417 | $445 | $451 | $475 |
| ▂▂▁▃▃▂██ | Total Deposits ($M) | $356 | $342 | $325 | $365 | $361 | $354 | $461 | $447 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 8% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 19% |