Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.48 | 0.92% |
| Return on Equity (%) | ▲ | 14.06% | +3.90 | 10.16% |
| Net Interest Margin (%) | ▲ | 4.57% | +0.80 | 3.77% |
| Efficiency Ratio (%) | ▲ | 62.76% | -5.99 | 68.75% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 1.22% | -0.48 | 1.70% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $102 | +2.94 | $99 |
| Gross Loans ($M) | ▲ | $71 | +0.50 | $71 |
| Loan Growth YoY (%) | ▼ | 77.35% | -2.30 | 79.65% |
| Total Deposits ($M) | ▲ | $92 | +3.17 | $88 |
| Shareholders Equity ($M) | ▲ | $10 | +0.85 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +1.02 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 77.35% | -2.30 | 79.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.11% | +0.11 | 0.00% |
| Allowance / Loans (%) | — | 0.88% | 0.10% | 0.79% |
| Net Charge-Off Ratio (%) | ▼ | 0.15% | +0.15 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.39% | +0.78 | 14.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▄▅▆█ | Net Interest Margin (%) | 3.13% | 3.22% | 3.33% | 3.77% | 3.82% | 3.92% | 4.05% | 4.57% |
| ▁▁▂▄▅▆▇█ | Return on Assets (%) | 0.51% | 0.61% | 0.67% | 0.92% | 0.97% | 1.10% | 1.23% | 1.40% |
| █▇▇▄▄▂▁▁ | Efficiency Ratio (%) | 76.2% | 74.4% | 73.6% | 68.8% | 68.7% | 65.6% | 63.3% | 62.8% |
| ██▇▆▄▄▃▁ | Cost of Funds (%) | 1.96% | 1.95% | 1.79% | 1.70% | 1.57% | 1.52% | 1.41% | 1.22% |
| ▁▁▁▁▁▄██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% | 0.12% | 0.11% |
| ▁▁▁▁▁▄██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.16% | 0.15% |
| ▁▃▃▄▆▇██ | Tang. Book Value ($M) | $8 | $8 | $8 | $9 | $9 | $9 | $10 | $10 |
| ▁▅▄▅▁██▆ | Gross Loans ($M) | $69 | $71 | $70 | $71 | $69 | $72 | $72 | $71 |
| ▁▇▅▄▅█▆▇ | Total Deposits ($M) | $85 | $91 | $90 | $88 | $89 | $93 | $91 | $92 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 4% |