Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.11% | +0.24 | 0.87% |
| Return on Equity (%) | ▲ | 10.28% | +1.57 | 8.71% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.42 | 3.63% |
| Efficiency Ratio (%) | ▲ | 67.12% | -4.93 | 72.05% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▲ | 0.79% | -0.07 | 0.86% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $203 | +6.03 | $197 |
| Gross Loans ($M) | ▲ | $110 | +3.34 | $107 |
| Loan Growth YoY (%) | ▲ | 60.63% | +0.65 | 59.98% |
| Total Deposits ($M) | ▲ | $180 | +3.48 | $176 |
| Shareholders Equity ($M) | ▲ | $22 | +2.18 | $20 |
| Tang. Book Value ($M) | ▲ | $16 | +2.18 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.43 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 60.63% | +0.65 | 59.98% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.35% | +0.16 | 0.19% |
| Allowance / Loans (%) | — | 1.12% | 0.05% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.64% | +0.29 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.10% | +1.80 | 18.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▁▄▄▅█ | Net Interest Margin (%) | 3.57% | 3.62% | 3.66% | 3.63% | 3.75% | 3.80% | 3.86% | 4.05% |
| ▁▁▂▁▃▄▆█ | Return on Assets (%) | 0.87% | 0.88% | 0.90% | 0.87% | 0.95% | 0.96% | 1.02% | 1.11% |
| ██▇█▄▃▂▁ | Efficiency Ratio (%) | 71.5% | 71.6% | 71.2% | 72.0% | 69.3% | 68.9% | 67.8% | 67.1% |
| ▆██▅▅▆▄▁ | Cost of Funds (%) | 0.88% | 0.92% | 0.91% | 0.86% | 0.86% | 0.88% | 0.84% | 0.79% |
| ▅▂▂▁██▆▅ | NPA / Assets (%) | 0.35% | 0.25% | 0.24% | 0.19% | 0.46% | 0.44% | 0.38% | 0.35% |
| ▅▂▂▁██▆▅ | Net Charge-Off Ratio (%) | 0.62% | 0.42% | 0.43% | 0.35% | 0.85% | 0.80% | 0.71% | 0.64% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $12 | $13 | $13 | $14 | $14 | $15 | $16 | $16 |
| █▆▆▁▃▄▆▆ | Gross Loans ($M) | $112 | $110 | $110 | $107 | $108 | $109 | $110 | $110 |
| ▅▁▄▆█▇██ | Total Deposits ($M) | $175 | $168 | $173 | $176 | $180 | $178 | $180 | $180 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 5% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 2% |