Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.19 | 1.02% |
| Return on Equity (%) | ▲ | 12.69% | +1.84 | 10.85% |
| Net Interest Margin (%) | ▲ | 3.94% | +0.49 | 3.45% |
| Efficiency Ratio (%) | ▲ | 54.76% | -2.17 | 56.93% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.46 | $1 |
| Cost of Funds (%) | ▲ | 1.90% | -0.11 | 2.01% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $379 | +43.43 | $335 |
| Gross Loans ($M) | ▲ | $291 | +51.87 | $239 |
| Loan Growth YoY (%) | ▲ | 87.09% | +4.96 | 82.13% |
| Total Deposits ($M) | ▲ | $330 | +42.82 | $287 |
| Shareholders Equity ($M) | ▲ | $35 | +4.14 | $31 |
| Tang. Book Value ($M) | ▲ | $28 | +4.07 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +3.93 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 87.09% | +4.96 | 82.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.01 | 0.01% |
| Allowance / Loans (%) | — | 1.26% | -0.13% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.02 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.17% | +11.17 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▃▅▆▇█ | Net Interest Margin (%) | 3.17% | 3.36% | 3.41% | 3.45% | 3.65% | 3.73% | 3.80% | 3.94% |
| ▁▃▄▄▆▇██ | Return on Assets (%) | 0.90% | 1.00% | 1.03% | 1.02% | 1.13% | 1.16% | 1.22% | 1.21% |
| █▅▄▅▂▂▁▁ | Efficiency Ratio (%) | 59.7% | 57.2% | 56.5% | 56.9% | 55.0% | 54.9% | 54.1% | 54.8% |
| █▅▄▃▁▁▂▁ | Cost of Funds (%) | 2.20% | 2.07% | 2.02% | 2.01% | 1.91% | 1.92% | 1.96% | 1.90% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 1.10% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 1.54% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% |
| ▁▃▃▃▅▇██ | Tang. Book Value ($M) | $21 | $23 | $23 | $23 | $25 | $27 | $28 | $28 |
| ▁▁▁▂▂▄▆█ | Gross Loans ($M) | $228 | $231 | $229 | $239 | $243 | $255 | $275 | $291 |
| ▁▁▁▃▄▇██ | Total Deposits ($M) | $273 | $277 | $274 | $287 | $300 | $319 | $324 | $330 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 18% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |