Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.03% | +0.16 | 0.87% |
| Return on Equity (%) | ▲ | 12.29% | +1.74 | 10.55% |
| Net Interest Margin (%) | ▲ | 3.57% | +0.34 | 3.22% |
| Efficiency Ratio (%) | ▲ | 57.43% | -7.83 | 65.27% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.93 | $3 |
| Cost of Funds (%) | ▲ | 1.74% | -0.55 | 2.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,370 | +205.94 | $1,164 |
| Gross Loans ($M) | ▲ | $1,008 | +146.17 | $862 |
| Loan Growth YoY (%) | ▲ | 89.10% | +4.41 | 84.68% |
| Total Deposits ($M) | ▲ | $1,119 | +114.03 | $1,005 |
| Shareholders Equity ($M) | ▲ | $115 | +17.35 | $98 |
| Tang. Book Value ($M) | ▲ | $115 | +17.38 | $98 |
| TBV excl. AOCI ($M)** | ▲ | $126 | +17.11 | $108 |
| Loan / Deposit Ratio (%) | ▲ | 89.10% | +4.41 | 84.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.11% | -0.16% | 1.27% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.07% | -0.68 | 13.75% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▆█ | Net Interest Margin (%) | 2.95% | 2.90% | 2.94% | 3.22% | 3.25% | 3.34% | 3.36% | 3.57% |
| ▁▁▃▄▄▅█▇ | Return on Assets (%) | 0.68% | 0.66% | 0.80% | 0.87% | 0.84% | 0.93% | 1.11% | 1.03% |
| ██▇▅▄▃▁▁ | Efficiency Ratio (%) | 72.3% | 72.8% | 69.1% | 65.3% | 64.1% | 61.8% | 59.2% | 57.4% |
| ███▄▅▅▃▁ | Cost of Funds (%) | 2.85% | 2.87% | 2.74% | 2.29% | 2.34% | 2.33% | 2.03% | 1.74% |
| ▅▁▁▁█▁▁▁ | NPA / Assets (%) | 0.04% | 0.00% | 0.00% | 0.00% | 0.07% | 0.01% | 0.00% | 0.00% |
| ▅▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.06% | 0.01% | 0.00% | 0.00% | 0.09% | 0.01% | 0.00% | 0.00% |
| ▁▂▁▂▃▅██ | Tang. Book Value ($M) | $92 | $96 | $95 | $98 | $100 | $106 | $113 | $115 |
| ▁▁▁▁▃▄▅█ | Gross Loans ($M) | $870 | $879 | $862 | $862 | $903 | $931 | $938 | $1,008 |
| ▁▁▄▂▃▄█▆ | Total Deposits ($M) | $949 | $941 | $1,059 | $1,005 | $1,013 | $1,069 | $1,222 | $1,119 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 8% |