Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.81% | -0.12 | 2.93% |
| Return on Equity (%) | ▼ | 42.72% | -12.90 | 55.62% |
| Net Interest Margin (%) | ▲ | 4.97% | +0.03 | 4.94% |
| Efficiency Ratio (%) | ▼ | 46.37% | +4.15 | 42.22% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.14 | $1 |
| Cost of Funds (%) | ▼ | 0.67% | +0.00 | 0.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $161 | +6.39 | $154 |
| Gross Loans ($M) | ▲ | $95 | +7.41 | $87 |
| Loan Growth YoY (%) | ▲ | 62.16% | +3.01 | 59.15% |
| Total Deposits ($M) | ▲ | $150 | +4.75 | $145 |
| Shareholders Equity ($M) | ▲ | $10 | +1.99 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +1.99 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $13 | +2.04 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 62.16% | +3.01 | 59.15% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.57 | 0.59% |
| Allowance / Loans (%) | — | 1.31% | -0.01% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.03% | -0.63 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.21% | +0.05 | 16.16% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▃▇▇███ | Net Interest Margin (%) | 4.41% | 4.50% | 4.60% | 4.94% | 4.93% | 5.03% | 5.02% | 4.97% |
| ▁▁▁█▅▇▇▇ | Return on Assets (%) | 2.41% | 2.39% | 2.40% | 2.93% | 2.72% | 2.84% | 2.83% | 2.81% |
| ███▁▆▆▆▆ | Efficiency Ratio (%) | 48.0% | 48.1% | 47.6% | 42.2% | 46.4% | 46.1% | 46.4% | 46.4% |
| ▄█▆▁▇█▂▁ | Cost of Funds (%) | 0.69% | 0.72% | 0.70% | 0.66% | 0.71% | 0.72% | 0.68% | 0.67% |
| ██▇▇▇▁▁▁ | NPA / Assets (%) | 0.77% | 0.72% | 0.60% | 0.59% | 0.66% | 0.07% | 0.02% | 0.03% |
| ██▇▄▃▁▁▁ | Net Charge-Off Ratio (%) | 1.38% | 1.25% | 1.06% | 0.66% | 0.48% | 0.10% | 0.03% | 0.03% |
| ▁▅▃▃▄██▆ | Tang. Book Value ($M) | $7 | $9 | $8 | $8 | $9 | $11 | $11 | $10 |
| ▁▃▂▂▄▆▆█ | Gross Loans ($M) | $85 | $88 | $87 | $87 | $90 | $92 | $92 | $95 |
| ▄▂▃▄▁▁██ | Total Deposits ($M) | $144 | $143 | $144 | $145 | $142 | $141 | $149 | $150 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 2% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 4% |