Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.67% | -0.15 | 1.82% |
| Return on Equity (%) | ▼ | 17.94% | -1.82 | 19.76% |
| Net Interest Margin (%) | ▼ | 4.15% | -0.12 | 4.26% |
| Efficiency Ratio (%) | ▼ | 56.23% | +1.28 | 54.95% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 2.16% | -0.11 | 2.27% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $250 | +14.21 | $236 |
| Gross Loans ($M) | ▲ | $200 | +7.71 | $193 |
| Loan Growth YoY (%) | ▼ | 89.74% | -2.14 | 91.88% |
| Total Deposits ($M) | ▲ | $221 | +13.44 | $208 |
| Shareholders Equity ($M) | ▲ | $23 | +1.39 | $22 |
| Tang. Book Value ($M) | ▲ | $23 | +1.39 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 89.74% | -2.14 | 91.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.73% | +0.26 | 0.47% |
| Allowance / Loans (%) | — | 1.01% | 0.01% | 1.00% |
| Net Charge-Off Ratio (%) | ▼ | 0.52% | +0.13 | 0.39% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 13.15% | +0.10 | 13.05% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█▆▇▇▅ | Net Interest Margin (%) | 4.01% | 4.03% | 4.05% | 4.26% | 4.19% | 4.21% | 4.23% | 4.15% |
| ▃▃▁███▆▅ | Return on Assets (%) | 1.54% | 1.54% | 1.42% | 1.82% | 1.80% | 1.80% | 1.67% | 1.67% |
| ▅▅█▁▂▁▅▂ | Efficiency Ratio (%) | 58.8% | 59.4% | 62.4% | 54.9% | 56.0% | 55.9% | 58.8% | 56.2% |
| ▄▆█▅▇▇▅▁ | Cost of Funds (%) | 2.23% | 2.29% | 2.33% | 2.27% | 2.31% | 2.30% | 2.26% | 2.16% |
| ▁▂▂▃▂▄▇█ | NPA / Assets (%) | 0.35% | 0.40% | 0.41% | 0.47% | 0.42% | 0.52% | 0.64% | 0.73% |
| ▁▂▃▅▃▇██ | Net Charge-Off Ratio (%) | 0.22% | 0.29% | 0.30% | 0.39% | 0.32% | 0.45% | 0.52% | 0.52% |
| ▁▁▃▄▄▅██ | Tang. Book Value ($M) | $21 | $21 | $21 | $22 | $22 | $22 | $23 | $23 |
| ▁▁▂▄▄▆▇█ | Gross Loans ($M) | $187 | $189 | $190 | $193 | $193 | $197 | $198 | $200 |
| ▁▃▃▄▅▆▆█ | Total Deposits ($M) | $197 | $203 | $204 | $208 | $210 | $215 | $214 | $221 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 5% |
| Consumer | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 21% |