Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.97% | -0.05 | 1.02% |
| Return on Equity (%) | ▼ | 6.40% | -0.46 | 6.86% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.03 | 4.24% |
| Efficiency Ratio (%) | ▲ | 68.32% | -2.65 | 70.96% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.20 | $1 |
| Cost of Funds (%) | ▼ | 0.99% | +0.02 | 0.97% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $452 | +11.24 | $441 |
| Gross Loans ($M) | ▲ | $299 | +14.68 | $284 |
| Loan Growth YoY (%) | ▲ | 77.37% | +2.42 | 74.95% |
| Total Deposits ($M) | ▲ | $381 | +7.50 | $374 |
| Shareholders Equity ($M) | ▲ | $68 | +3.56 | $65 |
| Tang. Book Value ($M) | ▲ | $68 | +3.56 | $65 |
| TBV excl. AOCI ($M)** | ▲ | $72 | +4.21 | $68 |
| Loan / Deposit Ratio (%) | ▲ | 77.37% | +2.42 | 74.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.68% | +0.78 | 0.90% |
| Allowance / Loans (%) | — | 1.15% | -0.12% | 1.26% |
| Net Charge-Off Ratio (%) | ▼ | 2.55% | +1.55 | 1.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.94% | +0.57 | 22.38% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▆▁▄██▁ | Net Interest Margin (%) | 4.27% | 4.33% | 4.42% | 4.24% | 4.34% | 4.47% | 4.50% | 4.27% |
| ▄▇█▂▄▇▄▁ | Return on Assets (%) | 1.13% | 1.27% | 1.35% | 1.02% | 1.12% | 1.26% | 1.15% | 0.97% |
| ▂▂▁█▄▁▄▅ | Efficiency Ratio (%) | 65.7% | 65.7% | 64.0% | 71.0% | 66.8% | 64.1% | 66.8% | 68.3% |
| ▁▄▂▆█▇▅▇ | Cost of Funds (%) | 0.89% | 0.93% | 0.91% | 0.97% | 1.01% | 0.99% | 0.95% | 0.99% |
| ▃▂▂▁▁▁▃█ | NPA / Assets (%) | 1.07% | 0.97% | 0.97% | 0.90% | 0.87% | 0.82% | 1.11% | 1.68% |
| ▄▃▂▁▁▁▄█ | Net Charge-Off Ratio (%) | 1.62% | 1.50% | 1.25% | 1.00% | 1.17% | 1.06% | 1.65% | 2.55% |
| ▁▃▄▅▆▇██ | Tang. Book Value ($M) | $61 | $63 | $64 | $65 | $66 | $67 | $68 | $68 |
| ▂▁▂▄▅███ | Gross Loans ($M) | $277 | $274 | $280 | $284 | $288 | $300 | $300 | $299 |
| ▁▂▁▆▆▇▇█ | Total Deposits ($M) | $356 | $358 | $354 | $374 | $374 | $377 | $378 | $381 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 17% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 9% |