Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.14% | +0.30 | 2.84% |
| Return on Equity (%) | ▲ | 23.37% | +0.16 | 23.21% |
| Net Interest Margin (%) | ▲ | 5.65% | +0.23 | 5.42% |
| Efficiency Ratio (%) | ▲ | 43.28% | -2.39 | 45.68% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.07% | -0.00 | 1.08% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $160 | +5.19 | $155 |
| Gross Loans ($M) | ▲ | $111 | +2.76 | $109 |
| Loan Growth YoY (%) | ▲ | 79.61% | +0.22 | 79.39% |
| Total Deposits ($M) | ▲ | $138 | +2.72 | $135 |
| Shareholders Equity ($M) | ▲ | $22 | +2.53 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.53 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 79.61% | +0.22 | 79.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.09% | -0.10 | 1.19% |
| Allowance / Loans (%) | — | 1.63% | 0.23% | 1.40% |
| Net Charge-Off Ratio (%) | ▲ | 1.44% | -0.26 | 1.70% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.18% | +1.06 | 19.12% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▂▅██▇ | Net Interest Margin (%) | 5.36% | 5.38% | 5.46% | 5.42% | 5.55% | 5.71% | 5.70% | 5.65% |
| ▁▂▁▁▅█▃█ | Return on Assets (%) | 2.84% | 2.86% | 2.80% | 2.84% | 2.98% | 3.12% | 2.93% | 3.14% |
| ▆▆█▆▄▁▂▁ | Efficiency Ratio (%) | 45.7% | 45.6% | 46.5% | 45.7% | 44.6% | 43.5% | 44.0% | 43.3% |
| ▁▃▇█▇▇▁█ | Cost of Funds (%) | 0.97% | 1.00% | 1.06% | 1.08% | 1.06% | 1.06% | 0.98% | 1.07% |
| ▁▆▇▇██▇▆ | NPA / Assets (%) | 0.47% | 1.04% | 1.20% | 1.19% | 1.34% | 1.37% | 1.16% | 1.09% |
| ▁▆████▅▆ | Net Charge-Off Ratio (%) | 0.69% | 1.47% | 1.75% | 1.70% | 1.84% | 1.76% | 1.38% | 1.44% |
| ▁▃▂▄▄▇▇█ | Tang. Book Value ($M) | $17 | $18 | $18 | $20 | $19 | $21 | $21 | $22 |
| ▁▄▁▄▇▆█▇ | Gross Loans ($M) | $105 | $108 | $105 | $109 | $112 | $111 | $113 | $111 |
| ▅▅▅▆▄▁██ | Total Deposits ($M) | $133 | $134 | $134 | $135 | $133 | $129 | $137 | $138 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 10% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 1% |