Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.34% | +0.14 | 1.20% |
| Return on Equity (%) | ▲ | 15.90% | +1.27 | 14.63% |
| Net Interest Margin (%) | ▲ | 4.21% | +0.40 | 3.81% |
| Efficiency Ratio (%) | ▼ | 61.27% | +1.02 | 60.24% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.44 | $3 |
| Cost of Funds (%) | ▲ | 2.47% | -0.43 | 2.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $708 | +71.22 | $637 |
| Gross Loans ($M) | ▲ | $640 | +79.92 | $560 |
| Loan Growth YoY (%) | ▲ | 110.88% | +7.70 | 103.18% |
| Total Deposits ($M) | ▲ | $570 | +33.78 | $536 |
| Shareholders Equity ($M) | ▲ | $60 | +6.92 | $53 |
| Tang. Book Value ($M) | ▲ | $58 | +6.75 | $51 |
| TBV excl. AOCI ($M)** | ▲ | $61 | +6.47 | $54 |
| Loan / Deposit Ratio (%) | ▲ | 110.88% | +7.70 | 103.18% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.97% | -0.05 | 1.02% |
| Allowance / Loans (%) | — | 1.23% | 0.04% | 1.19% |
| Net Charge-Off Ratio (%) | ▲ | 0.84% | -0.32 | 1.16% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.80% | -0.32 | 11.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▄▅▆█ | Net Interest Margin (%) | 3.49% | 3.59% | 3.69% | 3.81% | 3.84% | 3.87% | 3.97% | 4.21% |
| █▇█▁▁▁▁▃ | Return on Assets (%) | 1.69% | 1.65% | 1.73% | 1.20% | 1.20% | 1.13% | 1.18% | 1.34% |
| ▁▁▂▇▄▅▅█ | Efficiency Ratio (%) | 55.6% | 55.5% | 56.4% | 60.2% | 57.8% | 59.1% | 58.5% | 61.3% |
| ▇█▅▄▃▄▅▁ | Cost of Funds (%) | 3.22% | 3.40% | 3.05% | 2.89% | 2.77% | 2.89% | 2.94% | 2.47% |
| ▄▅▁▂█▃▂▂ | NPA / Assets (%) | 1.20% | 1.32% | 0.79% | 1.02% | 1.77% | 1.13% | 1.03% | 0.97% |
| ▅▆▁▃█▂▁▁ | Net Charge-Off Ratio (%) | 1.43% | 1.58% | 0.91% | 1.16% | 2.00% | 1.09% | 0.92% | 0.84% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $46 | $49 | $50 | $51 | $53 | $54 | $57 | $58 |
| ▁▂▃▃▇▆▇█ | Gross Loans ($M) | $524 | $549 | $557 | $560 | $612 | $610 | $616 | $640 |
| ▁▅▃▃▆█▅▆ | Total Deposits ($M) | $508 | $556 | $536 | $536 | $567 | $592 | $558 | $570 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 59% |
| C&I / Commercial | 40% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 17% |