Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.52% | +0.22 | 1.29% |
| Return on Equity (%) | ▲ | 12.21% | +1.89 | 10.32% |
| Net Interest Margin (%) | ▲ | 4.99% | +0.12 | 4.87% |
| Efficiency Ratio (%) | ▲ | 58.97% | -4.92 | 63.89% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.48 | $2 |
| Cost of Funds (%) | ▼ | 1.41% | +0.05 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $395 | +54.87 | $341 |
| Gross Loans ($M) | ▲ | $295 | +40.32 | $255 |
| Loan Growth YoY (%) | ▲ | 85.10% | +0.41 | 84.69% |
| Total Deposits ($M) | ▲ | $343 | +45.68 | $297 |
| Shareholders Equity ($M) | ▲ | $47 | +4.31 | $42 |
| Tang. Book Value ($M) | ▲ | $47 | +4.31 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $49 | +4.21 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 85.10% | +0.41 | 84.69% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.30% | +0.12 | 0.17% |
| Allowance / Loans (%) | — | 1.26% | -0.11% | 1.36% |
| Net Charge-Off Ratio (%) | ▼ | 0.40% | +0.17 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.31% | -0.84 | 18.15% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▄▁▆▇█▄ | Net Interest Margin (%) | 4.94% | 4.96% | 4.97% | 4.87% | 5.04% | 5.09% | 5.14% | 4.99% |
| ▂▃▅▁▃▅█▆ | Return on Assets (%) | 1.37% | 1.38% | 1.46% | 1.29% | 1.41% | 1.48% | 1.61% | 1.52% |
| ██▅█▆▄▁▁ | Efficiency Ratio (%) | 63.8% | 63.6% | 61.9% | 63.9% | 62.4% | 60.9% | 59.2% | 59.0% |
| ▁██▄▆██▅ | Cost of Funds (%) | 1.27% | 1.50% | 1.48% | 1.36% | 1.43% | 1.51% | 1.50% | 1.41% |
| ▂▁▂▂▁▂▁█ | NPA / Assets (%) | 0.18% | 0.14% | 0.17% | 0.17% | 0.16% | 0.18% | 0.16% | 0.30% |
| ▂▁▃▂▁▂▁█ | Net Charge-Off Ratio (%) | 0.23% | 0.18% | 0.24% | 0.23% | 0.20% | 0.23% | 0.20% | 0.40% |
| ▁▂▄▄▅▇██ | Tang. Book Value ($M) | $40 | $41 | $43 | $42 | $44 | $45 | $47 | $47 |
| ▁▁▂▃▄▆▇█ | Gross Loans ($M) | $237 | $244 | $247 | $255 | $265 | $278 | $283 | $295 |
| ▁▁▃▃▃▅▅█ | Total Deposits ($M) | $272 | $280 | $296 | $297 | $296 | $312 | $309 | $343 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 4% |