Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.85% | +0.13 | 0.72% |
| Return on Equity (%) | ▲ | 5.88% | +0.24 | 5.64% |
| Net Interest Margin (%) | ▲ | 3.52% | +0.22 | 3.30% |
| Efficiency Ratio (%) | ▲ | 74.58% | -4.98 | 79.55% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.20% | -0.11 | 1.32% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $156 | -2.05 | $158 |
| Gross Loans ($M) | ▼ | $76 | -0.52 | $77 |
| Loan Growth YoY (%) | ▲ | 56.57% | +1.26 | 55.31% |
| Total Deposits ($M) | ▼ | $133 | -3.92 | $137 |
| Shareholders Equity ($M) | ▲ | $22 | +1.93 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +1.93 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +1.68 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 56.57% | +1.26 | 55.31% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.05% | +0.05 | 0.00% |
| Allowance / Loans (%) | — | 1.31% | -0.04% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.11 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▆▇█ | Net Interest Margin (%) | 3.21% | 3.18% | 3.18% | 3.30% | 3.37% | 3.42% | 3.46% | 3.52% |
| ▁▁▂▂▅▇██ | Return on Assets (%) | 0.71% | 0.70% | 0.72% | 0.72% | 0.79% | 0.83% | 0.85% | 0.85% |
| ▇▇▆█▆▃▁▁ | Efficiency Ratio (%) | 78.3% | 78.4% | 77.9% | 79.6% | 77.8% | 76.1% | 75.1% | 74.6% |
| ▃█▇▆▄▂▃▁ | Cost of Funds (%) | 1.26% | 1.36% | 1.34% | 1.32% | 1.27% | 1.23% | 1.25% | 1.20% |
| ▇█▁▁▁▁▇▄ | NPA / Assets (%) | 0.09% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.05% |
| ▇█▁▁▁▁▇▄ | Net Charge-Off Ratio (%) | 0.18% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.11% |
| ▁▆▂▁▂▇██ | Tang. Book Value ($M) | $20 | $22 | $21 | $21 | $21 | $22 | $23 | $22 |
| ███▄▁▆▅▃ | Gross Loans ($M) | $78 | $79 | $78 | $77 | $75 | $78 | $77 | $76 |
| ▅▅█▄▃▆▂▁ | Total Deposits ($M) | $138 | $138 | $141 | $137 | $136 | $138 | $134 | $133 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |