Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.68% | -0.02 | 1.70% |
| Return on Equity (%) | ▼ | 12.33% | -1.08 | 13.41% |
| Net Interest Margin (%) | ▼ | 4.85% | -0.06 | 4.91% |
| Efficiency Ratio (%) | ▲ | 52.59% | -0.23 | 52.82% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.09% | -0.04 | 1.13% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $170 | +6.01 | $164 |
| Gross Loans ($M) | ▲ | $114 | +9.09 | $105 |
| Loan Growth YoY (%) | ▲ | 77.82% | +4.71 | 73.11% |
| Total Deposits ($M) | ▲ | $145 | +2.90 | $142 |
| Shareholders Equity ($M) | ▲ | $24 | +2.96 | $21 |
| Tang. Book Value ($M) | ▲ | $24 | +2.96 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +2.79 | $22 |
| Loan / Deposit Ratio (%) | ▲ | 77.82% | +4.71 | 73.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.13 | 0.15% |
| Allowance / Loans (%) | — | 1.41% | 0.02% | 1.39% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.21 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇██▃ | Net Interest Margin (%) | 4.72% | 4.75% | 4.80% | 4.91% | 4.99% | 5.05% | 5.08% | 4.85% |
| ▁▂▁▅▇██▅ | Return on Assets (%) | 1.52% | 1.56% | 1.53% | 1.70% | 1.77% | 1.83% | 1.82% | 1.68% |
| █▇█▄▂▁▁▃ | Efficiency Ratio (%) | 55.9% | 55.0% | 55.6% | 52.8% | 51.7% | 50.7% | 50.7% | 52.6% |
| ▇█▇▂▁▃▃▁ | Cost of Funds (%) | 1.24% | 1.28% | 1.25% | 1.13% | 1.10% | 1.15% | 1.14% | 1.09% |
| ▁▁▁███▁▁ | NPA / Assets (%) | 0.01% | 0.02% | 0.00% | 0.15% | 0.15% | 0.16% | 0.01% | 0.01% |
| ▁▁▁███▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.03% | 0.00% | 0.23% | 0.24% | 0.24% | 0.02% | 0.02% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $19 | $20 | $20 | $21 | $22 | $23 | $23 | $24 |
| ▁▂▃▅▆███ | Gross Loans ($M) | $95 | $97 | $101 | $105 | $109 | $114 | $114 | $114 |
| ▁▁▁▆▇██▇ | Total Deposits ($M) | $133 | $134 | $134 | $142 | $145 | $146 | $147 | $145 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 7% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 50% |
| Brokered / Other | 12% |