Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.05% | -0.22 | 1.27% |
| Return on Equity (%) | ▼ | 12.67% | -5.05 | 17.72% |
| Net Interest Margin (%) | ▲ | 3.35% | +0.04 | 3.31% |
| Efficiency Ratio (%) | ▼ | 59.59% | +8.96 | 50.63% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.11 | $1 |
| Cost of Funds (%) | ▼ | 0.87% | +0.10 | 0.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $156 | -13.92 | $170 |
| Gross Loans ($M) | ▲ | $68 | +6.84 | $62 |
| Loan Growth YoY (%) | ▲ | 47.90% | +9.07 | 38.83% |
| Total Deposits ($M) | ▼ | $142 | -15.53 | $157 |
| Shareholders Equity ($M) | ▲ | $13 | +1.56 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.56 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.38 | $13 |
| Loan / Deposit Ratio (%) | ▲ | 47.90% | +9.07 | 38.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.66% | -0.07% | 0.73% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▇▁▆██▂ | Net Interest Margin (%) | 3.43% | 3.43% | 3.52% | 3.31% | 3.46% | 3.55% | 3.55% | 3.35% |
| ▁▁▁▆██▇▁ | Return on Assets (%) | 1.02% | 1.04% | 1.05% | 1.27% | 1.33% | 1.36% | 1.28% | 1.05% |
| ███▁▁▁▃▇ | Efficiency Ratio (%) | 61.9% | 61.1% | 60.6% | 50.6% | 49.9% | 50.2% | 52.9% | 59.6% |
| █▆▅▁▃▆▃▃ | Cost of Funds (%) | 1.14% | 1.02% | 0.97% | 0.76% | 0.90% | 1.03% | 0.88% | 0.87% |
| ▁█▁▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁█▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▄▆▇▇█ | Tang. Book Value ($M) | $10 | $11 | $11 | $12 | $12 | $13 | $13 | $13 |
| ▁▄▅▄▅▇▇█ | Gross Loans ($M) | $56 | $61 | $63 | $62 | $63 | $67 | $67 | $68 |
| ▁▂▃██▅▆▅ | Total Deposits ($M) | $117 | $127 | $132 | $157 | $155 | $141 | $146 | $142 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 3% |