Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.86% | +0.23 | 0.63% |
| Return on Equity (%) | ▲ | 10.17% | +2.26 | 7.91% |
| Net Interest Margin (%) | ▲ | 4.13% | +0.03 | 4.10% |
| Efficiency Ratio (%) | ▼ | 75.42% | +3.84 | 71.58% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.04 | $1 |
| Cost of Funds (%) | ▲ | 1.43% | -0.27 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $197 | +6.52 | $190 |
| Gross Loans ($M) | ▼ | $145 | -0.52 | $146 |
| Loan Growth YoY (%) | ▼ | 80.10% | -2.23 | 82.33% |
| Total Deposits ($M) | ▲ | $179 | +4.68 | $175 |
| Shareholders Equity ($M) | ▲ | $17 | +1.46 | $15 |
| Tang. Book Value ($M) | ▲ | $15 | +1.55 | $14 |
| TBV excl. AOCI ($M)** | ▲ | $17 | +1.84 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 80.10% | -2.23 | 82.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.01 | 0.07% |
| Allowance / Loans (%) | — | 1.16% | -0.25% | 1.41% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.01 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.14% | +1.29 | 10.85% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂█▆▇▇█ | Net Interest Margin (%) | 3.68% | 3.75% | 3.78% | 4.10% | 4.01% | 4.02% | 4.04% | 4.13% |
| ▂▃▅▁▄▆█▅ | Return on Assets (%) | 0.72% | 0.78% | 0.85% | 0.63% | 0.83% | 0.95% | 1.06% | 0.86% |
| ▂▁▁▄▃▂▁█ | Efficiency Ratio (%) | 69.7% | 68.5% | 68.2% | 71.6% | 70.8% | 69.2% | 68.1% | 75.4% |
| ▇█▇▅▆▅▃▁ | Cost of Funds (%) | 1.80% | 1.91% | 1.80% | 1.71% | 1.75% | 1.68% | 1.59% | 1.43% |
| ▁▁▅▂▃▁█▂ | NPA / Assets (%) | 0.03% | 0.03% | 0.19% | 0.07% | 0.12% | 0.06% | 0.32% | 0.08% |
| ▁▁▅▂▁▁█▂ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.24% | 0.09% | 0.08% | 0.08% | 0.43% | 0.11% |
| ▁▃▃▄▄▇██ | Tang. Book Value ($M) | $13 | $13 | $13 | $14 | $14 | $14 | $15 | $15 |
| █▆▄▂▁▁▁▁ | Gross Loans ($M) | $153 | $150 | $148 | $146 | $145 | $144 | $145 | $145 |
| ▃▂▂▅▁▃▆█ | Total Deposits ($M) | $172 | $172 | $171 | $175 | $170 | $173 | $176 | $179 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 7% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 14% |