Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.87% | -0.12 | 1.00% |
| Return on Equity (%) | ▼ | 10.02% | -2.18 | 12.20% |
| Net Interest Margin (%) | ▲ | 4.66% | +0.09 | 4.58% |
| Efficiency Ratio (%) | ▼ | 69.83% | +4.26 | 65.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 2.38% | -0.08 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $245 | +67.07 | $178 |
| Gross Loans ($M) | ▲ | $191 | +54.51 | $136 |
| Loan Growth YoY (%) | ▲ | 91.76% | +6.40 | 85.36% |
| Total Deposits ($M) | ▲ | $206 | +47.97 | $158 |
| Shareholders Equity ($M) | ▲ | $21 | +5.96 | $16 |
| Tang. Book Value ($M) | ▲ | $21 | +5.96 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 91.76% | +6.40 | 85.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Allowance / Loans (%) | — | 0.97% | -0.11% | 1.08% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.50% | -0.65 | 11.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█████ | Net Interest Margin (%) | 3.49% | 3.49% | 3.74% | 4.58% | 4.53% | 4.62% | 4.58% | 4.66% |
| ▁▁▂█▇▆▇▇ | Return on Assets (%) | 0.27% | 0.29% | 0.41% | 1.00% | 0.82% | 0.81% | 0.82% | 0.87% |
| ██▆▁▁▁▂▂ | Efficiency Ratio (%) | 86.4% | 84.5% | 80.1% | 65.6% | 67.5% | 67.4% | 68.9% | 69.8% |
| ███▃▃▃▁▁ | Cost of Funds (%) | 2.75% | 2.71% | 2.73% | 2.46% | 2.49% | 2.49% | 2.35% | 2.38% |
| ▁▁▁▂▁▂█▁ | NPA / Assets (%) | 0.01% | 0.00% | 0.00% | 0.06% | 0.00% | 0.05% | 0.26% | 0.00% |
| ▁▁▁▂▁▂█▁ | Net Charge-Off Ratio (%) | 0.01% | 0.00% | 0.00% | 0.07% | 0.00% | 0.06% | 0.32% | 0.00% |
| ▁▁▁▃▄▅▇█ | Tang. Book Value ($M) | $12 | $13 | $13 | $16 | $17 | $18 | $20 | $21 |
| ▁▁▂▃▄▅██ | Gross Loans ($M) | $115 | $121 | $133 | $136 | $151 | $162 | $191 | $191 |
| ▁▂▄▄▅▆▇█ | Total Deposits ($M) | $121 | $141 | $156 | $158 | $165 | $181 | $186 | $206 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 9% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 27% |