Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.76% | -0.08 | 0.84% |
| Return on Equity (%) | ▼ | 6.85% | -1.01 | 7.86% |
| Net Interest Margin (%) | ▲ | 3.36% | +0.02 | 3.33% |
| Efficiency Ratio (%) | ▼ | 72.44% | +2.86 | 69.58% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.69% | -0.09 | 1.78% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $222 | -7.52 | $230 |
| Gross Loans ($M) | ▲ | $93 | +3.57 | $89 |
| Loan Growth YoY (%) | ▲ | 46.76% | +3.76 | 43.00% |
| Total Deposits ($M) | ▼ | $196 | -8.89 | $205 |
| Shareholders Equity ($M) | ▲ | $25 | +1.47 | $24 |
| Tang. Book Value ($M) | ▲ | $25 | +1.47 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +0.91 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 46.76% | +3.76 | 43.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 1.28% | -0.01% | 1.30% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.95% | +1.67 | 24.28% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁█▇▇▅█ | Net Interest Margin (%) | 3.21% | 3.17% | 3.13% | 3.33% | 3.32% | 3.32% | 3.27% | 3.36% |
| ▁▁▃█▇▇▆▇ | Return on Assets (%) | 0.52% | 0.50% | 0.59% | 0.84% | 0.79% | 0.79% | 0.74% | 0.76% |
| ██▆▁▁▁▂▂ | Efficiency Ratio (%) | 81.1% | 81.7% | 78.6% | 69.6% | 71.0% | 71.1% | 72.2% | 72.4% |
| ▆█▄▂▆█▂▁ | Cost of Funds (%) | 2.01% | 2.13% | 1.93% | 1.78% | 2.02% | 2.18% | 1.80% | 1.69% |
| ▁█▇▁▁▁▅▅ | NPA / Assets (%) | 0.00% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% |
| ▁██▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.06% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▄▆███ | Tang. Book Value ($M) | $22 | $23 | $23 | $24 | $24 | $25 | $25 | $25 |
| ▁▂▁▃▆█▇▅ | Gross Loans ($M) | $86 | $88 | $86 | $89 | $94 | $98 | $95 | $93 |
| ▁▁▃█▇▄█▆ | Total Deposits ($M) | $174 | $171 | $182 | $205 | $196 | $184 | $202 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 10% |