Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.61% | +0.10 | 1.51% |
| Return on Equity (%) | ▲ | 15.04% | +1.25 | 13.79% |
| Net Interest Margin (%) | ▲ | 4.02% | +0.10 | 3.92% |
| Efficiency Ratio (%) | ▲ | 43.65% | -1.69 | 45.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $1 |
| Cost of Funds (%) | ▲ | 2.45% | -0.04 | 2.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $213 | +23.54 | $189 |
| Gross Loans ($M) | ▲ | $170 | +18.21 | $152 |
| Loan Growth YoY (%) | ▼ | 124.78% | -9.79 | 134.58% |
| Total Deposits ($M) | ▲ | $135 | +23.11 | $111 |
| Shareholders Equity ($M) | ▲ | $22 | +2.09 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.09 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 124.78% | -9.79 | 134.58% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.06% | 0.07% | 0.99% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▄▄▁▃▇█▄ | Net Interest Margin (%) | 3.95% | 4.01% | 4.00% | 3.92% | 3.99% | 4.07% | 4.12% | 4.02% |
| ▆▇▄▁▆▆██ | Return on Assets (%) | 1.58% | 1.59% | 1.55% | 1.51% | 1.58% | 1.58% | 1.62% | 1.61% |
| ▅▅█▆▄▃▂▁ | Efficiency Ratio (%) | 45.1% | 45.1% | 46.1% | 45.3% | 44.7% | 44.4% | 44.2% | 43.7% |
| ▁▅▄▃███▂ | Cost of Funds (%) | 2.41% | 2.53% | 2.50% | 2.49% | 2.63% | 2.62% | 2.61% | 2.45% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▃▅▆██ | Tang. Book Value ($M) | $19 | $20 | $20 | $20 | $21 | $21 | $22 | $22 |
| ▁▂▃▅▇███ | Gross Loans ($M) | $123 | $135 | $140 | $152 | $160 | $166 | $172 | $170 |
| ▁▁▁▄▅▅▆█ | Total Deposits ($M) | $94 | $91 | $96 | $111 | $116 | $115 | $119 | $135 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 15% |