Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.23 | 0.41% |
| Return on Equity (%) | ▲ | 6.64% | +1.59 | 5.05% |
| Net Interest Margin (%) | ▲ | 3.06% | +0.12 | 2.94% |
| Efficiency Ratio (%) | ▲ | 74.06% | -9.14 | 83.20% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $0 |
| Cost of Funds (%) | ▲ | 1.31% | -0.04 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $314 | -0.96 | $315 |
| Gross Loans ($M) | ▼ | $122 | -8.58 | $131 |
| Loan Growth YoY (%) | ▼ | 42.59% | -2.23 | 44.82% |
| Total Deposits ($M) | ▼ | $283 | -4.36 | $287 |
| Shareholders Equity ($M) | ▲ | $30 | +3.28 | $26 |
| Tang. Book Value ($M) | ▲ | $27 | +3.28 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +3.47 | $30 |
| Loan / Deposit Ratio (%) | ▼ | 42.59% | -2.23 | 44.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.61% | -0.09 | 0.70% |
| Allowance / Loans (%) | — | 1.59% | -0.15% | 1.74% |
| Net Charge-Off Ratio (%) | ▼ | 1.47% | +0.21 | 1.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 23.34% | +1.66 | 21.68% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▃▇▁▅▆█▅ | Net Interest Margin (%) | 3.10% | 3.01% | 3.11% | 2.94% | 3.04% | 3.08% | 3.14% | 3.06% |
| ▆▄▆▁▄███ | Return on Assets (%) | 0.59% | 0.53% | 0.59% | 0.41% | 0.50% | 0.63% | 0.65% | 0.64% |
| ▁▃▁█▆▂▂▂ | Efficiency Ratio (%) | 72.5% | 75.3% | 72.9% | 83.2% | 79.4% | 75.1% | 74.2% | 74.1% |
| ▁▇█▄▅▄▄▃ | Cost of Funds (%) | 1.24% | 1.44% | 1.48% | 1.35% | 1.38% | 1.35% | 1.36% | 1.31% |
| ▂▅█▃▂▁▄▁ | NPA / Assets (%) | 0.68% | 0.79% | 0.98% | 0.70% | 0.65% | 0.59% | 0.78% | 0.61% |
| ▁▆█▃▁▁▇▅ | Net Charge-Off Ratio (%) | 1.12% | 1.57% | 1.80% | 1.25% | 1.15% | 1.06% | 1.65% | 1.47% |
| ▁▅▂▄▅▇██ | Tang. Book Value ($M) | $21 | $25 | $23 | $24 | $26 | $27 | $28 | $27 |
| ██▇▄▄▃▁▁ | Gross Loans ($M) | $143 | $141 | $140 | $131 | $131 | $129 | $124 | $122 |
| ▇█▂▂▂▃▁▁ | Total Deposits ($M) | $312 | $320 | $290 | $287 | $289 | $293 | $280 | $283 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 60% |
| C&I / Commercial | 25% |
| Consumer | 11% |
| Other | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 10% |