Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.09 | 0.55% |
| Return on Equity (%) | ▲ | 6.41% | +0.84 | 5.57% |
| Net Interest Margin (%) | ▲ | 4.15% | +0.31 | 3.84% |
| Efficiency Ratio (%) | ▲ | 79.44% | -3.09 | 82.54% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.36% | -0.15 | 1.51% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $237 | +10.44 | $227 |
| Gross Loans ($M) | ▲ | $187 | +6.27 | $180 |
| Loan Growth YoY (%) | ▼ | 87.01% | -1.69 | 88.70% |
| Total Deposits ($M) | ▲ | $213 | +11.16 | $202 |
| Shareholders Equity ($M) | ▲ | $23 | +0.99 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +0.99 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 87.01% | -1.69 | 88.70% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.09 | 0.20% |
| Allowance / Loans (%) | — | 0.79% | -0.04% | 0.83% |
| Net Charge-Off Ratio (%) | ▼ | 0.36% | +0.12 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▇██ | Net Interest Margin (%) | 3.70% | 3.66% | 3.69% | 3.84% | 3.94% | 4.05% | 4.13% | 4.15% |
| ▁▁▁▅▆▇██ | Return on Assets (%) | 0.41% | 0.41% | 0.43% | 0.55% | 0.58% | 0.61% | 0.65% | 0.64% |
| ██▇▃▂▁▁▁ | Efficiency Ratio (%) | 90.2% | 89.4% | 88.3% | 82.5% | 81.8% | 80.5% | 79.2% | 79.4% |
| ▅▇█▄▃▃▂▁ | Cost of Funds (%) | 1.59% | 1.69% | 1.74% | 1.51% | 1.47% | 1.46% | 1.41% | 1.36% |
| ▁▁▂▄▇█▆▇ | NPA / Assets (%) | 0.12% | 0.11% | 0.15% | 0.20% | 0.28% | 0.31% | 0.24% | 0.29% |
| ▁▁▂▄██▆█ | Net Charge-Off Ratio (%) | 0.14% | 0.14% | 0.19% | 0.25% | 0.35% | 0.38% | 0.30% | 0.36% |
| ▁▃▂▃▄▆██ | Tang. Book Value ($M) | $22 | $22 | $22 | $22 | $23 | $23 | $23 | $23 |
| ▃▄▃▁▄███ | Gross Loans ($M) | $183 | $183 | $182 | $180 | $183 | $187 | $187 | $187 |
| ▂▁▁▂▃▃▄█ | Total Deposits ($M) | $201 | $198 | $199 | $202 | $203 | $202 | $204 | $213 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 12% |
| Consumer | 13% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 22% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 9% |