Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.98% | +0.25 | 0.73% |
| Return on Equity (%) | ▲ | 10.25% | +2.15 | 8.10% |
| Net Interest Margin (%) | ▲ | 3.04% | +0.42 | 2.62% |
| Efficiency Ratio (%) | ▲ | 59.54% | -6.50 | 66.05% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.13 | $0 |
| Cost of Funds (%) | ▲ | 0.79% | -0.12 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $143 | +3.36 | $139 |
| Gross Loans ($M) | ▲ | $78 | +5.76 | $72 |
| Loan Growth YoY (%) | ▲ | 60.40% | +3.33 | 57.08% |
| Total Deposits ($M) | ▲ | $128 | +2.60 | $126 |
| Shareholders Equity ($M) | ▲ | $14 | +0.80 | $13 |
| Tang. Book Value ($M) | ▲ | $14 | +0.80 | $13 |
| TBV excl. AOCI ($M)** | ▲ | $16 | +0.10 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 60.40% | +3.33 | 57.08% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.70% | -0.06% | 0.76% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -20.72 | 20.72% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▅▆▇█ | Net Interest Margin (%) | 2.11% | 2.18% | 2.29% | 2.62% | 2.64% | 2.75% | 2.82% | 3.04% |
| ▁▁▂▆▅▅▅█ | Return on Assets (%) | 0.29% | 0.33% | 0.38% | 0.73% | 0.69% | 0.68% | 0.71% | 0.98% |
| ██▇▃▃▄▃▁ | Efficiency Ratio (%) | 83.2% | 81.1% | 79.0% | 66.0% | 67.5% | 68.6% | 67.9% | 59.5% |
| ██▆▅▁▂▃▁ | Cost of Funds (%) | 1.00% | 0.99% | 0.92% | 0.90% | 0.78% | 0.84% | 0.84% | 0.79% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▄▅▆██ | Tang. Book Value ($M) | $12 | $13 | $13 | $13 | $13 | $13 | $14 | $14 |
| ▁▂▃▄▄▅▇█ | Gross Loans ($M) | $69 | $70 | $71 | $72 | $73 | $74 | $76 | $78 |
| ▃▃▄▁█▂▄▂ | Total Deposits ($M) | $129 | $130 | $130 | $126 | $137 | $128 | $130 | $128 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 46% |
| Interest-Bearing (core) | 46% |
| Brokered / Other | 9% |