Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.37 | 0.70% |
| Return on Equity (%) | ▲ | 9.58% | +3.80 | 5.78% |
| Net Interest Margin (%) | ▲ | 4.54% | +0.36 | 4.18% |
| Efficiency Ratio (%) | ▲ | 63.24% | -8.03 | 71.27% |
| Pre-Provision Profit ($M) | ▲ | $3 | +1.20 | $2 |
| Cost of Funds (%) | ▲ | 0.97% | -0.11 | 1.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $768 | +128.60 | $639 |
| Gross Loans ($M) | ▲ | $637 | +106.19 | $531 |
| Loan Growth YoY (%) | ▼ | 93.92% | -0.72 | 94.64% |
| Total Deposits ($M) | ▲ | $670 | +116.47 | $554 |
| Shareholders Equity ($M) | ▲ | $85 | +8.38 | $77 |
| Tang. Book Value ($M) | ▲ | $85 | +8.45 | $77 |
| TBV excl. AOCI ($M)** | ▲ | $86 | +8.66 | $78 |
| Loan / Deposit Ratio (%) | ▼ | 93.92% | -0.72 | 94.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.11% | -0.07 | 0.18% |
| Allowance / Loans (%) | — | 1.22% | -0.10% | 1.31% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.09 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.59% | -2.57 | 18.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▄▆▆██ | Net Interest Margin (%) | 3.83% | 3.97% | 4.06% | 4.18% | 4.29% | 4.37% | 4.46% | 4.54% |
| ▇██▁▄▅▇█ | Return on Assets (%) | 0.99% | 1.06% | 1.06% | 0.70% | 0.85% | 0.93% | 1.01% | 1.07% |
| ▂▁▂█▅▃▂▂ | Efficiency Ratio (%) | 63.4% | 61.5% | 63.6% | 71.3% | 67.3% | 64.8% | 63.6% | 63.2% |
| █▅▄▂▂▂▂▁ | Cost of Funds (%) | 1.63% | 1.38% | 1.22% | 1.08% | 1.11% | 1.11% | 1.12% | 0.97% |
| █▆▃▂▂▁▁▁ | NPA / Assets (%) | 0.58% | 0.43% | 0.21% | 0.18% | 0.17% | 0.15% | 0.09% | 0.11% |
| █▆▃▂▂▁▁▁ | Net Charge-Off Ratio (%) | 0.70% | 0.52% | 0.26% | 0.22% | 0.20% | 0.18% | 0.11% | 0.13% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $72 | $74 | $75 | $77 | $78 | $81 | $83 | $85 |
| ▁▁▁▂▃▅██ | Gross Loans ($M) | $514 | $519 | $508 | $531 | $551 | $581 | $623 | $637 |
| ▁▂▁▂▃▅▇█ | Total Deposits ($M) | $534 | $555 | $531 | $554 | $582 | $606 | $638 | $670 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 48% |
| Brokered / Other | 11% |