Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.48 | 0.57% |
| Return on Equity (%) | ▲ | 10.35% | +4.54 | 5.81% |
| Net Interest Margin (%) | ▲ | 5.28% | +1.01 | 4.27% |
| Efficiency Ratio (%) | ▲ | 68.18% | -14.67 | 82.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.88 | $1 |
| Cost of Funds (%) | ▲ | 1.70% | -0.54 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $349 | +1.76 | $347 |
| Gross Loans ($M) | ▲ | $259 | +42.47 | $216 |
| Loan Growth YoY (%) | ▲ | 82.18% | +13.59 | 68.59% |
| Total Deposits ($M) | ▼ | $311 | -0.91 | $312 |
| Shareholders Equity ($M) | ▲ | $36 | +2.59 | $33 |
| Tang. Book Value ($M) | ▲ | $33 | +2.78 | $30 |
| TBV excl. AOCI ($M)** | ▲ | $35 | +1.84 | $34 |
| Loan / Deposit Ratio (%) | ▲ | 82.18% | +13.59 | 68.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.35% | -0.06 | 0.41% |
| Allowance / Loans (%) | — | 1.12% | 0.14% | 0.98% |
| Net Charge-Off Ratio (%) | ▲ | 0.47% | -0.18 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▂▃▄█ | Net Interest Margin (%) | 5.19% | 5.13% | 4.97% | 4.27% | 4.40% | 4.60% | 4.77% | 5.28% |
| ███▃▁▂▃▆ | Return on Assets (%) | 1.56% | 1.53% | 1.41% | 0.57% | -0.01% | 0.29% | 0.52% | 1.04% |
| ▁▁▂█▇▆▄▂ | Efficiency Ratio (%) | 65.9% | 66.8% | 68.5% | 82.9% | 80.7% | 77.2% | 73.4% | 68.2% |
| ▃▅▆██▅▂▁ | Cost of Funds (%) | 1.88% | 1.98% | 2.11% | 2.24% | 2.21% | 2.03% | 1.82% | 1.70% |
| ▃▅▃▂▆█▇▁ | NPA / Assets (%) | 0.46% | 0.54% | 0.46% | 0.41% | 0.58% | 0.67% | 0.59% | 0.35% |
| ▃▅▃▃██▆▁ | Net Charge-Off Ratio (%) | 0.66% | 0.75% | 0.65% | 0.64% | 0.94% | 1.00% | 0.83% | 0.47% |
| ▁▃▄▄▃▇██ | Tang. Book Value ($M) | $28 | $30 | $30 | $30 | $29 | $32 | $33 | $33 |
| ▁▁▂▃▂▆██ | Gross Loans ($M) | $199 | $198 | $212 | $216 | $212 | $238 | $262 | $259 |
| ▁▂▆▇▇▇█▇ | Total Deposits ($M) | $244 | $262 | $303 | $312 | $315 | $319 | $331 | $311 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 18% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 11% |