Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.53 | 0.46% |
| Return on Equity (%) | ▲ | 12.19% | +6.64 | 5.55% |
| Net Interest Margin (%) | ▼ | 4.85% | -0.14 | 4.98% |
| Efficiency Ratio (%) | ▲ | 70.07% | -6.50 | 76.58% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▼ | 2.07% | +0.18 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $226 | +23.03 | $203 |
| Gross Loans ($M) | ▲ | $177 | +27.18 | $150 |
| Loan Growth YoY (%) | ▲ | 88.51% | +8.70 | 79.81% |
| Total Deposits ($M) | ▲ | $197 | +12.21 | $185 |
| Shareholders Equity ($M) | ▲ | $18 | +1.11 | $17 |
| Tang. Book Value ($M) | ▲ | $17 | +1.17 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +1.22 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 88.51% | +8.70 | 79.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.63% | -0.17 | 1.79% |
| Allowance / Loans (%) | — | 1.41% | -0.07% | 1.48% |
| Net Charge-Off Ratio (%) | ▲ | 2.08% | -0.35 | 2.43% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 10.08% | -1.14 | 11.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█▇▇▇█ | Net Interest Margin (%) | 3.79% | 3.84% | 3.95% | 4.98% | 4.83% | 4.76% | 4.81% | 4.85% |
| █▅▃▁▁▁▁▃ | Return on Assets (%) | 2.16% | 1.49% | 1.06% | 0.46% | 0.53% | 0.47% | 0.60% | 0.99% |
| ▁▃▅███▇▆ | Efficiency Ratio (%) | 55.1% | 63.2% | 67.0% | 76.6% | 76.6% | 75.4% | 73.7% | 70.1% |
| ▄█▁▁▅▅▅▄ | Cost of Funds (%) | 2.05% | 2.28% | 1.90% | 1.90% | 2.10% | 2.12% | 2.14% | 2.07% |
| ██▇▄▄▁▁▃ | NPA / Assets (%) | 2.51% | 2.48% | 2.27% | 1.79% | 1.83% | 1.25% | 1.22% | 1.63% |
| ██▇▄▅▁▁▃ | Net Charge-Off Ratio (%) | 3.36% | 3.18% | 2.94% | 2.43% | 2.47% | 1.60% | 1.54% | 2.08% |
| ▅▆▁▁▄▅█▇ | Tang. Book Value ($M) | $16 | $16 | $15 | $16 | $16 | $16 | $17 | $17 |
| ▁▁▄▂▃▇▇█ | Gross Loans ($M) | $142 | $146 | $156 | $150 | $151 | $169 | $172 | $177 |
| ▁▃▄▅▅▅▁█ | Total Deposits ($M) | $171 | $179 | $182 | $185 | $186 | $184 | $172 | $197 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 21% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 21% |