Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.05 | 1.16% |
| Return on Equity (%) | ▼ | 9.88% | -0.75 | 10.63% |
| Net Interest Margin (%) | ▲ | 5.79% | +0.17 | 5.61% |
| Efficiency Ratio (%) | ▼ | 73.43% | +0.19 | 73.23% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▼ | 0.12% | +0.03 | 0.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $207 | +3.39 | $203 |
| Gross Loans ($M) | ▼ | $106 | -4.51 | $111 |
| Loan Growth YoY (%) | ▼ | 58.32% | -3.18 | 61.51% |
| Total Deposits ($M) | ▲ | $179 | +1.90 | $177 |
| Shareholders Equity ($M) | ▲ | $24 | +2.09 | $22 |
| Tang. Book Value ($M) | ▲ | $24 | +2.09 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +2.38 | $25 |
| Loan / Deposit Ratio (%) | ▼ | 58.32% | -3.18 | 61.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.80% | +0.05 | 0.75% |
| Allowance / Loans (%) | — | 1.50% | 0.08% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 1.38% | +0.08 | 1.30% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 22.02% | +2.01 | 20.01% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇▇█▇ | Net Interest Margin (%) | 5.35% | 5.40% | 5.47% | 5.61% | 5.73% | 5.75% | 5.85% | 5.79% |
| █▇▅▁▃▂█▅ | Return on Assets (%) | 1.23% | 1.22% | 1.20% | 1.16% | 1.18% | 1.17% | 1.24% | 1.21% |
| ▁▃▇█▇▇▆█ | Efficiency Ratio (%) | 70.9% | 71.7% | 72.8% | 73.2% | 72.9% | 73.1% | 72.7% | 73.4% |
| ▂▁▁▂▄▃▄█ | Cost of Funds (%) | 0.09% | 0.08% | 0.08% | 0.09% | 0.10% | 0.09% | 0.10% | 0.12% |
| ▁▅█▆▅▇▂█ | NPA / Assets (%) | 0.63% | 0.73% | 0.78% | 0.75% | 0.72% | 0.78% | 0.67% | 0.80% |
| ▁█▅▅▄█▁▇ | Net Charge-Off Ratio (%) | 1.16% | 1.41% | 1.30% | 1.30% | 1.29% | 1.40% | 1.16% | 1.38% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $21 | $22 | $22 | $22 | $23 | $24 | $25 | $24 |
| █▄▄▅▇▄▆▁ | Gross Loans ($M) | $115 | $110 | $110 | $111 | $113 | $110 | $112 | $106 |
| ██▄▄▃▂▁▅ | Total Deposits ($M) | $187 | $186 | $178 | $177 | $175 | $171 | $168 | $179 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 70% |
| C&I / Commercial | 14% |
| Consumer | 14% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 48% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 1% |