Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.41% | +0.24 | 0.17% |
| Return on Equity (%) | ▲ | 4.29% | +2.47 | 1.82% |
| Net Interest Margin (%) | ▲ | 3.56% | +0.35 | 3.20% |
| Efficiency Ratio (%) | ▲ | 80.32% | -12.48 | 92.79% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.24 | $0 |
| Cost of Funds (%) | ▲ | 2.44% | -0.27 | 2.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $186 | +1.49 | $184 |
| Gross Loans ($M) | ▲ | $161 | +3.93 | $157 |
| Loan Growth YoY (%) | ▲ | 99.66% | +6.23 | 93.43% |
| Total Deposits ($M) | ▼ | $160 | -6.39 | $166 |
| Shareholders Equity ($M) | ▲ | $18 | +0.52 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +0.52 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 99.66% | +6.23 | 93.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.37% | +0.11 | 3.26% |
| Allowance / Loans (%) | — | 1.13% | -0.05% | 1.18% |
| Net Charge-Off Ratio (%) | ▲ | 2.94% | -0.20 | 3.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.46% | +0.46 | 13.99% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▆▄▁▂▂▅█ | Net Interest Margin (%) | 3.50% | 3.44% | 3.37% | 3.20% | 3.27% | 3.26% | 3.42% | 3.56% |
| ▁▃▁▇▆▆▇█ | Return on Assets (%) | -0.65% | -0.39% | -0.74% | 0.17% | 0.08% | 0.02% | 0.16% | 0.41% |
| █▇█▄▄▄▃▁ | Efficiency Ratio (%) | 110.1% | 104.4% | 107.9% | 92.8% | 94.6% | 92.7% | 88.5% | 80.3% |
| ▆▇█▅▅▆▄▁ | Cost of Funds (%) | 2.79% | 2.88% | 2.95% | 2.71% | 2.75% | 2.79% | 2.67% | 2.44% |
| ▁▂▇█▇▆██ | NPA / Assets (%) | 1.73% | 1.96% | 3.07% | 3.26% | 2.98% | 2.78% | 3.28% | 3.37% |
| ▁▂██▆▅█▇ | Net Charge-Off Ratio (%) | 1.56% | 1.97% | 3.25% | 3.14% | 2.66% | 2.45% | 3.16% | 2.94% |
| ▇█▁▂▂▂▅▇ | Tang. Book Value ($M) | $18 | $18 | $17 | $17 | $17 | $17 | $18 | $18 |
| ▁▅▃▃█▅▆█ | Gross Loans ($M) | $155 | $158 | $157 | $157 | $161 | $158 | $159 | $161 |
| ▁▃▃▆▆█▅▁ | Total Deposits ($M) | $161 | $162 | $163 | $166 | $166 | $169 | $165 | $160 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Consumer | 4% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 17% |