Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.41% | +0.17 | 1.24% |
| Return on Equity (%) | ▲ | 14.31% | +0.28 | 14.03% |
| Net Interest Margin (%) | ▲ | 4.71% | +0.51 | 4.20% |
| Efficiency Ratio (%) | ▲ | 61.10% | -1.55 | 62.65% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▲ | 1.67% | -0.31 | 1.98% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $175 | +9.55 | $166 |
| Gross Loans ($M) | ▲ | $132 | +9.10 | $123 |
| Loan Growth YoY (%) | ▲ | 88.39% | +5.24 | 83.15% |
| Total Deposits ($M) | ▲ | $148 | +1.47 | $146 |
| Shareholders Equity ($M) | ▲ | $17 | +2.45 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +2.45 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.41 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 88.39% | +5.24 | 83.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.19% | +0.11 | 1.08% |
| Allowance / Loans (%) | — | 1.45% | 0.01% | 1.45% |
| Net Charge-Off Ratio (%) | ▼ | 1.58% | +0.58 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▁▄▆▇█ | Net Interest Margin (%) | 4.14% | 4.21% | 4.25% | 4.20% | 4.38% | 4.55% | 4.63% | 4.71% |
| ▁▂▂▄▆███ | Return on Assets (%) | 1.07% | 1.12% | 1.15% | 1.24% | 1.30% | 1.40% | 1.43% | 1.41% |
| █▇▅▂▂▁▁▁ | Efficiency Ratio (%) | 68.3% | 67.1% | 65.3% | 62.6% | 62.6% | 61.5% | 60.8% | 61.1% |
| ▅▅█▇▆▃▂▁ | Cost of Funds (%) | 1.87% | 1.90% | 2.04% | 1.98% | 1.94% | 1.80% | 1.74% | 1.67% |
| ▇█▆▄▅▁▅▅ | NPA / Assets (%) | 1.49% | 1.60% | 1.35% | 1.08% | 1.21% | 0.76% | 1.18% | 1.19% |
| ██▄▂▃▁▆▆ | Net Charge-Off Ratio (%) | 1.84% | 1.94% | 1.33% | 0.99% | 1.12% | 0.85% | 1.54% | 1.58% |
| ▁▂▂▄▅▇██ | Tang. Book Value ($M) | $13 | $14 | $14 | $15 | $15 | $16 | $17 | $17 |
| ▁▃▃▄▆▇▇█ | Gross Loans ($M) | $116 | $121 | $121 | $123 | $128 | $128 | $129 | $132 |
| ▁▁▄▇▇▆▆█ | Total Deposits ($M) | $137 | $137 | $141 | $146 | $145 | $144 | $144 | $148 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 67% |
| C&I / Commercial | 18% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 10% |