Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.50 | 0.87% |
| Return on Equity (%) | ▲ | 15.92% | +4.94 | 10.98% |
| Net Interest Margin (%) | ▲ | 4.05% | +0.18 | 3.87% |
| Efficiency Ratio (%) | ▲ | 67.33% | -10.14 | 77.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.20 | $0 |
| Cost of Funds (%) | ▲ | 1.47% | -0.10 | 1.58% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $155 | +5.62 | $150 |
| Gross Loans ($M) | ▲ | $101 | +8.64 | $92 |
| Loan Growth YoY (%) | ▲ | 73.34% | +4.42 | 68.92% |
| Total Deposits ($M) | ▲ | $136 | +3.84 | $132 |
| Shareholders Equity ($M) | ▲ | $13 | +2.13 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +2.13 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.96 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 73.34% | +4.42 | 68.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.35% | -0.10 | 0.44% |
| Allowance / Loans (%) | — | 1.45% | -0.15% | 1.59% |
| Net Charge-Off Ratio (%) | ▲ | 0.53% | -0.19 | 0.72% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.76% | +0.07 | 15.69% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▅▁▃▅▇█ | Net Interest Margin (%) | 3.90% | 3.93% | 3.98% | 3.87% | 3.94% | 3.98% | 4.02% | 4.05% |
| ▁▁▂▁▂▃▄█ | Return on Assets (%) | 0.90% | 0.91% | 0.98% | 0.87% | 0.98% | 1.00% | 1.06% | 1.37% |
| ██▇█▇▇▆▁ | Efficiency Ratio (%) | 76.5% | 76.5% | 75.1% | 77.5% | 75.1% | 75.1% | 74.0% | 67.3% |
| ▁▅▆▇███▅ | Cost of Funds (%) | 1.27% | 1.47% | 1.54% | 1.58% | 1.60% | 1.61% | 1.63% | 1.47% |
| ▂▁███▇▆▇ | NPA / Assets (%) | 0.06% | 0.00% | 0.46% | 0.44% | 0.42% | 0.39% | 0.33% | 0.35% |
| ▂▁████▆▆ | Net Charge-Off Ratio (%) | 0.10% | 0.00% | 0.73% | 0.72% | 0.64% | 0.64% | 0.50% | 0.53% |
| ▁▆▄▁▂▅▇█ | Tang. Book Value ($M) | $11 | $13 | $12 | $11 | $12 | $13 | $13 | $13 |
| ▁▂▃▃▆▄▇█ | Gross Loans ($M) | $88 | $90 | $92 | $92 | $97 | $94 | $99 | $101 |
| ▄▁▁▅▆▇▆█ | Total Deposits ($M) | $130 | $127 | $126 | $132 | $132 | $135 | $133 | $136 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 26% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 13% |