Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.07% | +0.05 | 1.03% |
| Return on Equity (%) | ▼ | 9.85% | -0.59 | 10.44% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.18 | 3.94% |
| Efficiency Ratio (%) | ▼ | 65.24% | +0.88 | 64.36% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▲ | 2.87% | -0.21 | 3.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $129 | -3.33 | $132 |
| Gross Loans ($M) | ▼ | $96 | -0.73 | $97 |
| Loan Growth YoY (%) | ▲ | 83.22% | +2.78 | 80.44% |
| Total Deposits ($M) | ▼ | $114 | -4.89 | $119 |
| Shareholders Equity ($M) | ▲ | $14 | +1.56 | $12 |
| Tang. Book Value ($M) | ▲ | $14 | +1.56 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 83.22% | +2.78 | 80.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.10% | 0.05% | 1.05% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁██▁▂▆█▇ | Net Interest Margin (%) | 3.91% | 4.13% | 4.13% | 3.94% | 3.96% | 4.08% | 4.16% | 4.12% |
| ▆▁▂▃▄▇█▄ | Return on Assets (%) | 1.10% | 0.96% | 1.02% | 1.03% | 1.05% | 1.13% | 1.18% | 1.07% |
| ▁▇▆▇▄▃▂█ | Efficiency Ratio (%) | 58.6% | 64.2% | 63.5% | 64.4% | 61.8% | 61.0% | 60.0% | 65.2% |
| ▅▆█▃▆▅▂▁ | Cost of Funds (%) | 3.37% | 3.44% | 3.66% | 3.08% | 3.44% | 3.37% | 3.05% | 2.87% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $11 | $12 | $12 | $12 | $13 | $13 | $14 | $14 |
| ▁▅▅▆▇▇█▅ | Gross Loans ($M) | $89 | $95 | $95 | $97 | $98 | $98 | $100 | $96 |
| ▁▄▃█▇▄▅▇ | Total Deposits ($M) | $98 | $106 | $104 | $119 | $116 | $108 | $111 | $114 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 21% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 13% |