Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 3.44% | -0.74 | 4.18% |
| Return on Equity (%) | ▼ | 18.20% | -3.66 | 21.86% |
| Net Interest Margin (%) | ▼ | 5.12% | -0.80 | 5.92% |
| Efficiency Ratio (%) | ▼ | 32.17% | +3.57 | 28.60% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.10 | $1 |
| Cost of Funds (%) | ▲ | 0.45% | -0.04 | 0.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $128 | +7.54 | $120 |
| Gross Loans ($M) | ▼ | $67 | -4.92 | $72 |
| Loan Growth YoY (%) | ▼ | 64.64% | -8.36 | 73.00% |
| Total Deposits ($M) | ▲ | $102 | +5.25 | $97 |
| Shareholders Equity ($M) | ▲ | $25 | +2.26 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +2.26 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 64.64% | -8.36 | 73.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.94% | -0.14% | 2.08% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▇▇▇▇▁ | Net Interest Margin (%) | 6.07% | 6.04% | 6.11% | 5.92% | 5.97% | 5.96% | 5.87% | 5.12% |
| ████▇▇█▁ | Return on Assets (%) | 4.27% | 4.27% | 4.27% | 4.18% | 4.11% | 4.12% | 4.23% | 3.44% |
| ▃▂▄▃▁▁▂█ | Efficiency Ratio (%) | 28.5% | 28.2% | 29.2% | 28.6% | 27.2% | 27.5% | 27.8% | 32.2% |
| ▅█▇▃▁▃▁▁ | Cost of Funds (%) | 0.53% | 0.59% | 0.56% | 0.49% | 0.43% | 0.48% | 0.44% | 0.45% |
| ▁▁▁▁█▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.26% | 0.00% | 0.00% | 0.00% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.53% | 0.00% | 0.00% | 0.00% |
| ▁▄▁▃▆█▅█ | Tang. Book Value ($M) | $22 | $24 | $22 | $23 | $24 | $26 | $24 | $25 |
| █▂▁▃▁▁▁▁ | Gross Loans ($M) | $85 | $70 | $70 | $72 | $69 | $68 | $68 | $67 |
| █▄▁▂█▂▆▄ | Total Deposits ($M) | $118 | $103 | $92 | $97 | $116 | $99 | $110 | $102 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 1% |