Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.74% | +0.49 | 1.25% |
| Return on Equity (%) | ▲ | 19.21% | +6.63 | 12.58% |
| Net Interest Margin (%) | ▲ | 4.29% | +0.60 | 3.70% |
| Efficiency Ratio (%) | ▲ | 52.09% | -3.54 | 55.63% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.01 | $2 |
| Cost of Funds (%) | ▲ | 2.71% | -0.33 | 3.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $502 | +113.63 | $389 |
| Gross Loans ($M) | ▲ | $433 | +117.63 | $315 |
| Loan Growth YoY (%) | ▲ | 95.06% | +5.08 | 89.97% |
| Total Deposits ($M) | ▲ | $451 | +104.23 | $347 |
| Shareholders Equity ($M) | ▲ | $46 | +7.88 | $38 |
| Tang. Book Value ($M) | ▲ | $46 | +7.88 | $38 |
| Loan / Deposit Ratio (%) | ▲ | 95.06% | +5.08 | 89.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.00% | -0.07% | 1.07% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▂▃▅▆▇█ | Net Interest Margin (%) | 3.64% | 3.34% | 3.53% | 3.70% | 3.83% | 4.02% | 4.07% | 4.29% |
| ▁▁▂▅▇███ | Return on Assets (%) | 0.57% | 0.59% | 0.80% | 1.25% | 1.48% | 1.61% | 1.66% | 1.74% |
| ██▆▃▂▂▁▁ | Efficiency Ratio (%) | 68.1% | 67.8% | 62.1% | 55.6% | 54.2% | 52.5% | 50.3% | 52.1% |
| ▅█▅▅▃▂▁▁ | Cost of Funds (%) | 3.11% | 3.40% | 3.11% | 3.04% | 2.89% | 2.84% | 2.66% | 2.71% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▂▃▄▅▇█ | Tang. Book Value ($M) | $35 | $36 | $37 | $38 | $40 | $42 | $44 | $46 |
| ▁▁▃▄▄▆██ | Gross Loans ($M) | $225 | $244 | $291 | $315 | $320 | $359 | $417 | $433 |
| ▁▃▄▅▅▆██ | Total Deposits ($M) | $234 | $297 | $321 | $347 | $361 | $386 | $436 | $451 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 46% |
| C&I / Commercial | 54% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 5% |