Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.26% | +0.76 | 0.50% |
| Return on Equity (%) | ▲ | 10.96% | +6.29 | 4.67% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.66 | 3.50% |
| Efficiency Ratio (%) | ▲ | 55.97% | -19.46 | 75.43% |
| Pre-Provision Profit ($M) | ▲ | $2 | +1.12 | $1 |
| Cost of Funds (%) | ▲ | 1.91% | -0.18 | 2.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $439 | +37.46 | $401 |
| Gross Loans ($M) | ▲ | $342 | +51.91 | $290 |
| Loan Growth YoY (%) | ▲ | 91.85% | +8.98 | 82.87% |
| Total Deposits ($M) | ▲ | $367 | +22.24 | $345 |
| Shareholders Equity ($M) | ▲ | $56 | +14.29 | $41 |
| Tang. Book Value ($M) | ▲ | $56 | +14.29 | $41 |
| Loan / Deposit Ratio (%) | ▲ | 91.85% | +8.98 | 82.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.39% | -0.06% | 1.45% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.54% | +2.27 | 12.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▅█ | Net Interest Margin (%) | 3.16% | 3.24% | 3.35% | 3.50% | 3.56% | 3.67% | 3.74% | 4.16% |
| ▃▁▁▄▄▅▅█ | Return on Assets (%) | 0.35% | 0.07% | -0.02% | 0.50% | 0.62% | 0.70% | 0.78% | 1.26% |
| ████▆▆▅▁ | Efficiency Ratio (%) | 77.5% | 76.6% | 75.2% | 75.4% | 72.1% | 69.6% | 67.4% | 56.0% |
| █▆▄▂▄▄▁▁ | Cost of Funds (%) | 2.67% | 2.40% | 2.20% | 2.09% | 2.21% | 2.24% | 1.99% | 1.91% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▂▂▂▃█ | Tang. Book Value ($M) | $39 | $41 | $41 | $41 | $42 | $43 | $44 | $56 |
| ▁▂▃▃▄▅██ | Gross Loans ($M) | $265 | $275 | $290 | $290 | $300 | $311 | $335 | $342 |
| ▁▂▂▆▇▆██ | Total Deposits ($M) | $284 | $299 | $303 | $345 | $350 | $342 | $370 | $367 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 11% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 11% |