Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.29 | 0.36% |
| Return on Equity (%) | ▲ | 3.89% | +1.77 | 2.12% |
| Net Interest Margin (%) | ▲ | 3.01% | +0.40 | 2.61% |
| Efficiency Ratio (%) | ▲ | 72.48% | -10.33 | 82.81% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.17 | $0 |
| Cost of Funds (%) | ▼ | 0.49% | +0.02 | 0.47% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $172 | +6.32 | $166 |
| Gross Loans ($M) | ▼ | $52 | -3.69 | $55 |
| Loan Growth YoY (%) | ▼ | 35.70% | -4.16 | 39.85% |
| Total Deposits ($M) | ▲ | $144 | +5.71 | $138 |
| Shareholders Equity ($M) | ▲ | $29 | +0.55 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +0.55 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $34 | +0.96 | $33 |
| Loan / Deposit Ratio (%) | ▼ | 35.70% | -4.16 | 39.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.03% | 0.07% | 0.96% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 2.16% | 2.19% | 2.27% | 2.61% | 2.69% | 2.76% | 2.80% | 3.01% |
| ▁▁▁▃▄▄▅█ | Return on Assets (%) | 0.20% | 0.18% | 0.22% | 0.36% | 0.40% | 0.41% | 0.44% | 0.64% |
| ███▅▅▄▄▁ | Efficiency Ratio (%) | 88.6% | 89.7% | 87.8% | 82.8% | 81.3% | 81.0% | 79.5% | 72.5% |
| ██▃▁▁▂▂▁ | Cost of Funds (%) | 0.77% | 0.80% | 0.57% | 0.47% | 0.47% | 0.53% | 0.53% | 0.49% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▃▅▆██ | Tang. Book Value ($M) | $28 | $28 | $28 | $28 | $28 | $28 | $29 | $29 |
| ▅▆████▁▂ | Gross Loans ($M) | $54 | $54 | $55 | $55 | $56 | $55 | $51 | $52 |
| ▁▃▃▂▅▃██ | Total Deposits ($M) | $136 | $139 | $139 | $138 | $141 | $139 | $144 | $144 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 74% |