Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.16 | 0.90% |
| Return on Equity (%) | ▲ | 10.35% | +1.98 | 8.37% |
| Net Interest Margin (%) | ▲ | 3.71% | +0.24 | 3.47% |
| Efficiency Ratio (%) | ▲ | 62.83% | -7.57 | 70.40% |
| Pre-Provision Profit ($M) | ▲ | $5 | +1.67 | $3 |
| Cost of Funds (%) | ▼ | 1.61% | +0.05 | 1.56% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,352 | +169.13 | $1,183 |
| Gross Loans ($M) | ▲ | $867 | +130.65 | $736 |
| Loan Growth YoY (%) | ▲ | 83.24% | +10.05 | 73.19% |
| Total Deposits ($M) | ▲ | $1,030 | +35.64 | $994 |
| Shareholders Equity ($M) | ▲ | $136 | +9.12 | $127 |
| Tang. Book Value ($M) | ▲ | $113 | +9.26 | $103 |
| TBV excl. AOCI ($M)** | ▲ | $131 | +11.99 | $119 |
| Loan / Deposit Ratio (%) | ▲ | 83.24% | +10.05 | 73.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.02 | 0.06% |
| Allowance / Loans (%) | — | 1.12% | -0.06% | 1.18% |
| Net Charge-Off Ratio (%) | ▼ | 0.12% | +0.02 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.36% | -1.60 | 13.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▅▆▇█ | Net Interest Margin (%) | 3.30% | 3.36% | 3.41% | 3.47% | 3.55% | 3.59% | 3.62% | 3.71% |
| ▃▂▁▁▂▅▆█ | Return on Assets (%) | 0.95% | 0.92% | 0.90% | 0.90% | 0.94% | 1.00% | 1.01% | 1.06% |
| █▇██▇▆▅▁ | Efficiency Ratio (%) | 69.5% | 69.2% | 69.9% | 70.4% | 69.4% | 67.8% | 66.8% | 62.8% |
| ▃█▁▁▃▃▁▅ | Cost of Funds (%) | 1.58% | 1.65% | 1.56% | 1.56% | 1.58% | 1.59% | 1.55% | 1.61% |
| █▅▃▂▃▅▁▄ | NPA / Assets (%) | 0.11% | 0.09% | 0.07% | 0.06% | 0.07% | 0.09% | 0.05% | 0.08% |
| █▆▃▂▃▆▁▄ | Net Charge-Off Ratio (%) | 0.17% | 0.14% | 0.11% | 0.10% | 0.11% | 0.14% | 0.08% | 0.12% |
| ▁▅▁▃▅▇██ | Tang. Book Value ($M) | $99 | $106 | $100 | $103 | $106 | $110 | $114 | $113 |
| ▁▁▁▁▂▃▆█ | Gross Loans ($M) | $729 | $724 | $735 | $736 | $749 | $761 | $830 | $867 |
| ▁▁▂▆▅▄▄█ | Total Deposits ($M) | $925 | $935 | $944 | $994 | $984 | $977 | $974 | $1,030 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 7% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 5% |