Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.06% | +0.36 | 0.70% |
| Return on Equity (%) | ▲ | 11.50% | +2.80 | 8.70% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.38 | 3.52% |
| Efficiency Ratio (%) | ▲ | 72.48% | -7.16 | 79.64% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 1.11% | -0.09 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +5.91 | $135 |
| Gross Loans ($M) | ▲ | $77 | +1.23 | $76 |
| Loan Growth YoY (%) | ▼ | 61.13% | -1.01 | 62.14% |
| Total Deposits ($M) | ▲ | $124 | +4.14 | $120 |
| Shareholders Equity ($M) | ▲ | $13 | +1.71 | $11 |
| Tang. Book Value ($M) | ▲ | $13 | +1.76 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.75 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 61.13% | -1.01 | 62.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.31% | -0.14% | 1.45% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▄▆▇█ | Net Interest Margin (%) | 3.17% | 3.25% | 3.26% | 3.52% | 3.52% | 3.70% | 3.75% | 3.90% |
| ▁▂▂▃▃▆▇█ | Return on Assets (%) | 0.50% | 0.62% | 0.64% | 0.70% | 0.68% | 0.85% | 0.98% | 1.06% |
| █▇▇▅▆▄▃▁ | Efficiency Ratio (%) | 83.9% | 81.5% | 81.3% | 79.6% | 80.3% | 76.9% | 76.1% | 72.5% |
| ▅█▇▃▃▃▂▁ | Cost of Funds (%) | 1.29% | 1.43% | 1.38% | 1.20% | 1.19% | 1.23% | 1.17% | 1.11% |
| ▄▃▂▁█▄▁▁ | NPA / Assets (%) | 0.19% | 0.18% | 0.12% | 0.00% | 0.49% | 0.22% | 0.00% | 0.00% |
| ▃▃▂▁█▄▁▁ | Net Charge-Off Ratio (%) | 0.33% | 0.33% | 0.21% | 0.00% | 0.90% | 0.40% | 0.00% | 0.00% |
| ▁▅▂▄▃▇██ | Tang. Book Value ($M) | $10 | $12 | $11 | $11 | $11 | $13 | $13 | $13 |
| █▅▄▂▁▆▆▅ | Gross Loans ($M) | $79 | $77 | $77 | $76 | $75 | $78 | $78 | $77 |
| ▃▇▇▁▂██▆ | Total Deposits ($M) | $122 | $125 | $125 | $120 | $121 | $126 | $126 | $124 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 9% |