Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.52% | -0.32 | 1.84% |
| Return on Equity (%) | ▼ | 17.43% | -4.23 | 21.66% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.10 | 4.23% |
| Efficiency Ratio (%) | ▼ | 61.74% | +4.63 | 57.10% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.03 | $1 |
| Cost of Funds (%) | ▼ | 1.60% | +0.06 | 1.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $221 | +13.48 | $208 |
| Gross Loans ($M) | ▲ | $158 | +4.03 | $154 |
| Loan Growth YoY (%) | ▼ | 80.66% | -3.03 | 83.69% |
| Total Deposits ($M) | ▲ | $193 | +11.59 | $182 |
| Shareholders Equity ($M) | ▲ | $20 | +1.75 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +1.75 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +2.27 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 80.66% | -3.03 | 83.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.10 | 0.17% |
| Allowance / Loans (%) | — | 1.19% | 0.08% | 1.11% |
| Net Charge-Off Ratio (%) | ▼ | 0.38% | +0.15 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.28% | +0.28 | 13.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆██▇ | Net Interest Margin (%) | 4.05% | 4.03% | 4.09% | 4.23% | 4.30% | 4.38% | 4.41% | 4.33% |
| ▄▅▄▇▇██▁ | Return on Assets (%) | 1.70% | 1.76% | 1.68% | 1.84% | 1.86% | 1.93% | 1.89% | 1.52% |
| ▇▄█▂▂▁▂█ | Efficiency Ratio (%) | 60.4% | 58.6% | 61.1% | 57.1% | 56.9% | 55.7% | 56.6% | 61.7% |
| ▁▆▇▄███▇ | Cost of Funds (%) | 1.47% | 1.59% | 1.60% | 1.55% | 1.62% | 1.64% | 1.64% | 1.60% |
| ▂▁▄▄▆▅▇█ | NPA / Assets (%) | 0.12% | 0.08% | 0.16% | 0.17% | 0.20% | 0.20% | 0.23% | 0.27% |
| ▂▁▃▄▅▅▇█ | Net Charge-Off Ratio (%) | 0.16% | 0.12% | 0.21% | 0.23% | 0.28% | 0.28% | 0.33% | 0.38% |
| ▁▂▂▄▆█▆█ | Tang. Book Value ($M) | $16 | $17 | $17 | $18 | $19 | $19 | $19 | $20 |
| ▁▃▅▆██▇█ | Gross Loans ($M) | $138 | $145 | $150 | $154 | $157 | $160 | $155 | $158 |
| ▁▃▃▄▇███ | Total Deposits ($M) | $169 | $178 | $176 | $182 | $191 | $195 | $192 | $193 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 79% |
| Brokered / Other | 7% |