Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.29 | 0.74% |
| Return on Equity (%) | ▲ | 10.48% | +1.95 | 8.53% |
| Net Interest Margin (%) | ▲ | 3.54% | +0.57 | 2.97% |
| Efficiency Ratio (%) | ▲ | 71.63% | -4.57 | 76.20% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.42% | -0.18 | 1.60% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $141 | +4.32 | $137 |
| Gross Loans ($M) | ▲ | $107 | +6.83 | $100 |
| Loan Growth YoY (%) | ▲ | 84.18% | +0.50 | 83.68% |
| Total Deposits ($M) | ▲ | $126 | +7.38 | $118 |
| Shareholders Equity ($M) | ▲ | $14 | +1.40 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.40 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.31 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 84.18% | +0.50 | 83.68% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.16% | -0.07 | 0.24% |
| Allowance / Loans (%) | — | 1.26% | -0.06% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.21% | -0.11 | 0.32% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 2.87% | 2.91% | 2.93% | 2.97% | 3.09% | 3.18% | 3.27% | 3.54% |
| ▁▁▂▁▂▃▄█ | Return on Assets (%) | 0.72% | 0.75% | 0.78% | 0.74% | 0.78% | 0.82% | 0.84% | 1.02% |
| █▇▅█▆▅▅▁ | Efficiency Ratio (%) | 76.6% | 76.0% | 74.5% | 76.2% | 75.2% | 74.6% | 74.6% | 71.6% |
| ▃▆█▇▆▇▆▁ | Cost of Funds (%) | 1.50% | 1.58% | 1.65% | 1.60% | 1.57% | 1.61% | 1.58% | 1.42% |
| ▄▆██▂▂▁▆ | NPA / Assets (%) | 0.13% | 0.18% | 0.22% | 0.24% | 0.07% | 0.06% | 0.03% | 0.16% |
| ▅▆██▂▂▁▅ | Net Charge-Off Ratio (%) | 0.18% | 0.25% | 0.30% | 0.32% | 0.09% | 0.08% | 0.04% | 0.21% |
| ▁▄▁▄▆▇██ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $13 | $13 | $13 | $14 |
| ▁▃▅▄▅▄▇█ | Gross Loans ($M) | $96 | $99 | $103 | $100 | $103 | $100 | $104 | $107 |
| ▁▁▆▁▂▃▄█ | Total Deposits ($M) | $119 | $119 | $124 | $118 | $120 | $121 | $122 | $126 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 10% |