Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.92% | +0.49 | 1.43% |
| Return on Equity (%) | ▲ | 11.07% | +2.32 | 8.75% |
| Net Interest Margin (%) | ▲ | 5.12% | +0.31 | 4.81% |
| Efficiency Ratio (%) | ▲ | 50.27% | -6.11 | 56.38% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.54 | $2 |
| Cost of Funds (%) | ▲ | 1.50% | -0.52 | 2.02% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $389 | +15.97 | $373 |
| Gross Loans ($M) | ▼ | $311 | -13.61 | $325 |
| Loan Growth YoY (%) | ▼ | 96.28% | -7.29 | 103.57% |
| Total Deposits ($M) | ▲ | $319 | +9.63 | $310 |
| Shareholders Equity ($M) | ▲ | $67 | +6.02 | $61 |
| Tang. Book Value ($M) | ▲ | $67 | +6.07 | $61 |
| TBV excl. AOCI ($M)** | ▲ | $68 | +5.85 | $62 |
| Loan / Deposit Ratio (%) | ▼ | 96.28% | -7.29 | 103.57% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.96% | -0.40 | 1.36% |
| Allowance / Loans (%) | — | 1.21% | -0.05% | 1.25% |
| Net Charge-Off Ratio (%) | ▼ | 0.62% | +0.29 | 0.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▅▅▆▇█ | Net Interest Margin (%) | 4.46% | 4.62% | 4.71% | 4.81% | 4.87% | 4.94% | 5.02% | 5.12% |
| ▁▂▃▅▅▃▃█ | Return on Assets (%) | 0.85% | 1.05% | 1.13% | 1.43% | 1.44% | 1.13% | 1.19% | 1.92% |
| █▇▆▃▂▂▃▁ | Efficiency Ratio (%) | 74.2% | 68.5% | 66.4% | 56.4% | 55.1% | 55.5% | 57.6% | 50.3% |
| ██▆▆▆▇▅▁ | Cost of Funds (%) | 2.26% | 2.31% | 2.05% | 2.02% | 2.04% | 2.17% | 1.97% | 1.50% |
| ▂▁▅▆█▆█▂ | NPA / Assets (%) | 0.99% | 0.86% | 1.31% | 1.36% | 1.58% | 1.34% | 1.62% | 0.96% |
| ▂▁▄▃▆▅█▅ | Net Charge-Off Ratio (%) | 0.16% | 0.03% | 0.49% | 0.33% | 0.76% | 0.60% | 1.01% | 0.62% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $56 | $58 | $59 | $61 | $62 | $63 | $65 | $67 |
| ▂▃▁▅█▂▁▁ | Gross Loans ($M) | $315 | $317 | $311 | $325 | $334 | $316 | $313 | $311 |
| ▃▁▂▂█▅▂▄ | Total Deposits ($M) | $317 | $299 | $308 | $310 | $351 | $325 | $310 | $319 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 5% |