Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.05% | -0.18 | 1.23% |
| Return on Equity (%) | ▼ | 12.58% | -2.53 | 15.11% |
| Net Interest Margin (%) | ▼ | 3.74% | -0.04 | 3.79% |
| Efficiency Ratio (%) | ▼ | 65.12% | +5.08 | 60.04% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.06 | $1 |
| Cost of Funds (%) | ▲ | 2.04% | -0.21 | 2.24% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $234 | +24.90 | $209 |
| Gross Loans ($M) | ▲ | $188 | +4.24 | $184 |
| Loan Growth YoY (%) | ▼ | 88.63% | -8.39 | 97.02% |
| Total Deposits ($M) | ▲ | $210 | +22.66 | $187 |
| Shareholders Equity ($M) | ▲ | $20 | +1.97 | $18 |
| Tang. Book Value ($M) | ▲ | $20 | +1.97 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 88.63% | -8.39 | 97.02% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.82% | +0.82 | 0.00% |
| Allowance / Loans (%) | — | 1.19% | -0.09% | 1.28% |
| Net Charge-Off Ratio (%) | ▼ | 1.02% | +1.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 10.67% | +0.45 | 10.22% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▆███▅ | Net Interest Margin (%) | 3.49% | 3.46% | 3.52% | 3.79% | 3.91% | 3.97% | 3.94% | 3.74% |
| ▁▁▂▇███▄ | Return on Assets (%) | 0.81% | 0.82% | 0.88% | 1.23% | 1.31% | 1.29% | 1.25% | 1.05% |
| ██▇▁▁▂▂▆ | Efficiency Ratio (%) | 67.3% | 68.0% | 66.8% | 60.0% | 59.1% | 60.5% | 60.8% | 65.1% |
| ▇█▇▄▂▃▁▁ | Cost of Funds (%) | 2.49% | 2.61% | 2.47% | 2.24% | 2.12% | 2.18% | 1.98% | 2.04% |
| ▁▁▁▁▁▁█▅ | NPA / Assets (%) | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 1.57% | 0.82% |
| ▁▁▁▁▁▁█▅ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 1.90% | 1.02% |
| ▁▂▂▄▅▆▇█ | Tang. Book Value ($M) | $16 | $17 | $17 | $18 | $18 | $19 | $19 | $20 |
| ▁▃▁▁▁▁█▇ | Gross Loans ($M) | $184 | $186 | $184 | $184 | $183 | $184 | $190 | $188 |
| ▁▄▄▂▂▄██ | Total Deposits ($M) | $181 | $194 | $194 | $187 | $188 | $192 | $207 | $210 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 14% |