Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.59% | -0.00 | 0.59% |
| Return on Equity (%) | ▼ | 5.93% | -0.71 | 6.64% |
| Net Interest Margin (%) | ▼ | 3.30% | -0.02 | 3.31% |
| Efficiency Ratio (%) | ▲ | 80.14% | -1.42 | 81.57% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 0.77% | -0.13 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $193 | +7.84 | $185 |
| Gross Loans ($M) | ▼ | $84 | -2.83 | $87 |
| Loan Growth YoY (%) | ▼ | 47.65% | -3.48 | 51.13% |
| Total Deposits ($M) | ▲ | $174 | +6.36 | $168 |
| Shareholders Equity ($M) | ▲ | $18 | +1.56 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.56 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $22 | +1.61 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 47.65% | -3.48 | 51.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.11 | 0.17% |
| Allowance / Loans (%) | — | 1.57% | 0.00% | 1.57% |
| Net Charge-Off Ratio (%) | ▲ | 0.13% | -0.10 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.55% | +2.26 | 25.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▃▇███▆ | Net Interest Margin (%) | 3.20% | 3.14% | 3.21% | 3.31% | 3.36% | 3.34% | 3.37% | 3.30% |
| █▇▁▅▇▇▇▅ | Return on Assets (%) | 0.79% | 0.72% | 0.26% | 0.59% | 0.69% | 0.71% | 0.72% | 0.59% |
| ▁▁█▃▃▂▂▂ | Efficiency Ratio (%) | 74.8% | 76.8% | 97.7% | 81.6% | 80.7% | 79.0% | 78.3% | 80.1% |
| ▁█▅▆▇▄▆▁ | Cost of Funds (%) | 0.78% | 0.96% | 0.87% | 0.90% | 0.93% | 0.86% | 0.91% | 0.77% |
| ▃▂█▄▄▄▁▁ | NPA / Assets (%) | 0.13% | 0.11% | 0.36% | 0.17% | 0.17% | 0.17% | 0.05% | 0.06% |
| ▃▂█▂▂▂▁▁ | Net Charge-Off Ratio (%) | 0.28% | 0.24% | 0.76% | 0.23% | 0.23% | 0.25% | 0.10% | 0.13% |
| ▁▅▁▃▃▇█▇ | Tang. Book Value ($M) | $15 | $17 | $16 | $17 | $17 | $18 | $19 | $18 |
| ▁█▆█▇▅▃▁ | Gross Loans ($M) | $84 | $87 | $86 | $87 | $86 | $86 | $85 | $84 |
| ▁▆▂▅▃▇▁█ | Total Deposits ($M) | $159 | $169 | $162 | $168 | $164 | $172 | $161 | $174 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 4% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 6% |