Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.30% | +0.13 | 2.17% |
| Return on Equity (%) | ▲ | 24.29% | +0.21 | 24.08% |
| Net Interest Margin (%) | ▲ | 4.28% | +0.07 | 4.21% |
| Efficiency Ratio (%) | ▲ | 47.41% | -2.25 | 49.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▼ | 0.63% | +0.02 | 0.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $221 | +16.69 | $204 |
| Gross Loans ($M) | ▲ | $103 | +7.78 | $95 |
| Loan Growth YoY (%) | ▲ | 50.68% | +0.22 | 50.45% |
| Total Deposits ($M) | ▲ | $200 | +14.47 | $186 |
| Shareholders Equity ($M) | ▲ | $20 | +2.10 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +2.10 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +2.85 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 50.68% | +0.22 | 50.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.38% | -0.28 | 0.66% |
| Allowance / Loans (%) | — | 0.95% | -0.05% | 1.00% |
| Net Charge-Off Ratio (%) | ▲ | 0.82% | -0.60 | 1.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▄▅▁▅██▃ | Net Interest Margin (%) | 4.26% | 4.32% | 4.34% | 4.21% | 4.33% | 4.42% | 4.44% | 4.28% |
| ▄▆█▁▂▃▄▃ | Return on Assets (%) | 2.37% | 2.43% | 2.58% | 2.17% | 2.24% | 2.29% | 2.32% | 2.30% |
| ▃▂▁███▆▅ | Efficiency Ratio (%) | 46.3% | 45.5% | 44.5% | 49.7% | 49.4% | 49.3% | 48.2% | 47.4% |
| ▁▁▁█▇▆▃█ | Cost of Funds (%) | 0.25% | 0.24% | 0.24% | 0.61% | 0.58% | 0.48% | 0.35% | 0.63% |
| ▇▇█▅▂▂▁▁ | NPA / Assets (%) | 0.74% | 0.73% | 0.83% | 0.66% | 0.46% | 0.44% | 0.42% | 0.38% |
| █▇█▇▂▁▁▁ | Net Charge-Off Ratio (%) | 1.55% | 1.43% | 1.59% | 1.42% | 0.94% | 0.83% | 0.80% | 0.82% |
| ▁▃▁▄▆█▆█ | Tang. Book Value ($M) | $16 | $17 | $16 | $18 | $19 | $20 | $19 | $20 |
| ▁▂▂▄▆▅▇█ | Gross Loans ($M) | $89 | $91 | $92 | $95 | $98 | $97 | $99 | $103 |
| ▂▁▁▆▄▁▂█ | Total Deposits ($M) | $169 | $162 | $159 | $186 | $178 | $163 | $169 | $200 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 1% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 2% |