Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.05% | +0.44 | 1.62% |
| Return on Equity (%) | ▲ | 12.66% | +2.72 | 9.94% |
| Net Interest Margin (%) | ▲ | 4.16% | +0.35 | 3.82% |
| Efficiency Ratio (%) | ▲ | 40.52% | -3.81 | 44.34% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.44 | $2 |
| Cost of Funds (%) | ▲ | 2.22% | -0.05 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $331 | +25.38 | $306 |
| Gross Loans ($M) | ▲ | $275 | +26.52 | $248 |
| Loan Growth YoY (%) | ▲ | 104.89% | +1.14 | 103.75% |
| Total Deposits ($M) | ▲ | $260 | +22.57 | $237 |
| Shareholders Equity ($M) | ▲ | $55 | +4.94 | $50 |
| Tang. Book Value ($M) | ▲ | $55 | +4.94 | $50 |
| TBV excl. AOCI ($M)** | ▲ | $56 | +4.89 | $51 |
| Loan / Deposit Ratio (%) | ▲ | 104.89% | +1.14 | 103.75% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.18 | 0.18% |
| Allowance / Loans (%) | — | 0.89% | -0.03% | 0.92% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.22 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇▇██ | Net Interest Margin (%) | 3.34% | 3.40% | 3.50% | 3.82% | 3.98% | 4.04% | 4.11% | 4.16% |
| ▂▁▁▂▄▆▇█ | Return on Assets (%) | 1.65% | 1.53% | 1.59% | 1.62% | 1.79% | 1.89% | 1.95% | 2.05% |
| ▇█▇▅▃▂▁▂ | Efficiency Ratio (%) | 46.0% | 47.9% | 46.2% | 44.3% | 41.9% | 40.3% | 38.6% | 40.5% |
| ██▅▂▂▂▁▁ | Cost of Funds (%) | 2.43% | 2.42% | 2.34% | 2.27% | 2.26% | 2.26% | 2.22% | 2.22% |
| ▁▄▅█▃█▁▁ | NPA / Assets (%) | 0.00% | 0.08% | 0.11% | 0.18% | 0.05% | 0.19% | 0.00% | 0.00% |
| ▁▄▅█▂█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.10% | 0.13% | 0.22% | 0.05% | 0.22% | 0.00% | 0.00% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $47 | $48 | $48 | $50 | $51 | $53 | $53 | $55 |
| ▁▂▃▄▆███ | Gross Loans ($M) | $227 | $239 | $243 | $248 | $261 | $273 | $278 | $275 |
| ▁▃▄▅▅▇██ | Total Deposits ($M) | $208 | $223 | $231 | $237 | $238 | $256 | $263 | $260 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 19% |