Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.31% | -0.06 | 1.37% |
| Return on Equity (%) | ▼ | 8.36% | -1.18 | 9.54% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.24 | 3.79% |
| Efficiency Ratio (%) | ▲ | 47.75% | -0.03 | 47.79% |
| Pre-Provision Profit ($M) | ▲ | $4 | +0.37 | $3 |
| Cost of Funds (%) | ▲ | 1.67% | -0.14 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $743 | +44.36 | $699 |
| Gross Loans ($M) | ▲ | $645 | +39.93 | $605 |
| Loan Growth YoY (%) | ▲ | 102.67% | +1.21 | 101.46% |
| Total Deposits ($M) | ▲ | $621 | +31.34 | $590 |
| Shareholders Equity ($M) | ▲ | $117 | +14.21 | $103 |
| Tang. Book Value ($M) | ▲ | $117 | +14.21 | $103 |
| Loan / Deposit Ratio (%) | ▲ | 102.67% | +1.21 | 101.46% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.64% | +1.05 | 0.59% |
| Allowance / Loans (%) | — | 1.01% | 0.04% | 0.97% |
| Net Charge-Off Ratio (%) | ▼ | 1.31% | +0.70 | 0.60% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.40% | +0.61 | 15.80% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▁▅▇▇█ | Net Interest Margin (%) | 3.76% | 3.77% | 3.84% | 3.79% | 3.91% | 3.97% | 3.97% | 4.02% |
| ▃▄▅▂▆██▁ | Return on Assets (%) | 1.42% | 1.44% | 1.51% | 1.37% | 1.56% | 1.65% | 1.62% | 1.31% |
| ▄▄▂█▄▁▁█ | Efficiency Ratio (%) | 44.8% | 44.7% | 43.7% | 47.8% | 44.6% | 42.5% | 43.1% | 47.8% |
| ▆█▇▅▄▆▃▁ | Cost of Funds (%) | 1.82% | 1.89% | 1.85% | 1.81% | 1.77% | 1.83% | 1.75% | 1.67% |
| ▁▆▂▁█▄█▇ | NPA / Assets (%) | 0.71% | 1.51% | 0.78% | 0.59% | 1.91% | 1.23% | 1.79% | 1.64% |
| ▁▅▁▂█▃▅▅ | Net Charge-Off Ratio (%) | 0.36% | 1.41% | 0.54% | 0.60% | 2.23% | 0.98% | 1.45% | 1.31% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $93 | $97 | $100 | $103 | $106 | $110 | $113 | $117 |
| ▁▁▁▂▄█▇█ | Gross Loans ($M) | $595 | $599 | $599 | $605 | $619 | $642 | $638 | $645 |
| ▄▇▄▁▆█▄█ | Total Deposits ($M) | $602 | $615 | $604 | $590 | $613 | $619 | $605 | $621 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 20% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 14% |