Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.84% | +0.03 | 0.81% |
| Return on Equity (%) | ▲ | 5.17% | +0.06 | 5.11% |
| Net Interest Margin (%) | ▲ | 2.28% | +0.41 | 1.87% |
| Efficiency Ratio (%) | ▲ | 39.34% | -3.89 | 43.22% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.26 | $2 |
| Cost of Funds (%) | ▲ | 2.55% | -0.27 | 2.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $623 | +15.24 | $607 |
| Gross Loans ($M) | ▲ | $267 | +14.24 | $253 |
| Loan Growth YoY (%) | ▲ | 50.89% | +1.74 | 49.15% |
| Total Deposits ($M) | ▲ | $520 | +10.08 | $510 |
| Shareholders Equity ($M) | ▲ | $102 | +5.38 | $97 |
| Tang. Book Value ($M) | ▲ | $102 | +5.38 | $97 |
| TBV excl. AOCI ($M)** | ▲ | $118 | +5.50 | $113 |
| Loan / Deposit Ratio (%) | ▲ | 50.89% | +1.74 | 49.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.51% | -0.01 | 0.52% |
| Allowance / Loans (%) | — | 0.99% | 0.03% | 0.95% |
| Net Charge-Off Ratio (%) | ▲ | 1.13% | -0.09 | 1.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▁▂▃▄█ | Net Interest Margin (%) | 1.96% | 1.91% | 1.87% | 1.87% | 1.93% | 2.00% | 2.07% | 2.28% |
| ▇▃▁▅▃▅█▇ | Return on Assets (%) | 0.84% | 0.78% | 0.74% | 0.81% | 0.78% | 0.82% | 0.87% | 0.84% |
| ▂▃█▄▃▁▄▁ | Efficiency Ratio (%) | 40.5% | 41.3% | 50.6% | 43.2% | 42.2% | 37.9% | 42.8% | 39.3% |
| ▆██▇▅▄▃▁ | Cost of Funds (%) | 2.80% | 2.90% | 2.90% | 2.83% | 2.77% | 2.72% | 2.65% | 2.55% |
| ▃▆▃▁▇▄█▁ | NPA / Assets (%) | 0.60% | 0.68% | 0.59% | 0.52% | 0.73% | 0.62% | 0.76% | 0.51% |
| ▄▆▄▂█▃▇▁ | Net Charge-Off Ratio (%) | 1.41% | 1.57% | 1.42% | 1.23% | 1.76% | 1.33% | 1.64% | 1.13% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $93 | $94 | $95 | $97 | $98 | $99 | $101 | $102 |
| ▁▁▃▃▃▆██ | Gross Loans ($M) | $246 | $247 | $252 | $253 | $253 | $261 | $267 | $267 |
| ▂▁▄▆▇▇██ | Total Deposits ($M) | $494 | $485 | $502 | $510 | $515 | $514 | $517 | $520 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 1% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 33% |