Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.75% | +0.31 | 0.44% |
| Return on Equity (%) | ▲ | 7.38% | +3.18 | 4.20% |
| Net Interest Margin (%) | ▲ | 2.95% | +0.04 | 2.91% |
| Efficiency Ratio (%) | ▲ | 66.86% | -12.21 | 79.07% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.19 | $0 |
| Cost of Funds (%) | ▲ | 2.29% | -0.44 | 2.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $201 | +21.19 | $180 |
| Gross Loans ($M) | ▼ | $140 | -8.28 | $148 |
| Loan Growth YoY (%) | ▼ | 79.35% | -19.22 | 98.56% |
| Total Deposits ($M) | ▲ | $174 | +25.68 | $149 |
| Shareholders Equity ($M) | ▲ | $19 | +0.71 | $19 |
| Tang. Book Value ($M) | ▲ | $19 | +0.71 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +0.79 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 79.35% | -19.22 | 98.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.06 | 0.06% |
| Allowance / Loans (%) | — | 1.23% | 0.02% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▇▇██▇ | Net Interest Margin (%) | 2.43% | 2.46% | 2.50% | 2.91% | 2.96% | 3.01% | 3.06% | 2.95% |
| ▁▁▁▅▄▅▅█ | Return on Assets (%) | 0.18% | 0.20% | 0.12% | 0.44% | 0.38% | 0.47% | 0.44% | 0.75% |
| ███▅▄▃▃▁ | Efficiency Ratio (%) | 90.9% | 89.9% | 90.6% | 79.1% | 76.6% | 75.0% | 74.4% | 66.9% |
| ▇██▅▅▅▄▁ | Cost of Funds (%) | 2.96% | 3.06% | 3.05% | 2.73% | 2.76% | 2.73% | 2.64% | 2.29% |
| ██▁▁▃▃▁▁ | NPA / Assets (%) | 0.58% | 0.58% | 0.06% | 0.06% | 0.20% | 0.20% | 0.00% | 0.00% |
| ██▁▁▃▃▁▁ | Net Charge-Off Ratio (%) | 0.74% | 0.75% | 0.08% | 0.07% | 0.24% | 0.24% | 0.00% | 0.00% |
| ▁▂▂▃▄▇▆█ | Tang. Book Value ($M) | $18 | $18 | $18 | $18 | $18 | $18 | $18 | $19 |
| ▃▁▃██▆▄▁ | Gross Loans ($M) | $143 | $140 | $143 | $148 | $149 | $147 | $144 | $140 |
| ▁▂▁▁▃▃▂█ | Total Deposits ($M) | $149 | $150 | $146 | $149 | $154 | $155 | $150 | $174 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 15% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 13% |