Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.30% | -0.37 | 0.67% |
| Return on Equity (%) | ▼ | 2.18% | -2.87 | 5.05% |
| Net Interest Margin (%) | ▼ | 4.28% | -0.13 | 4.41% |
| Efficiency Ratio (%) | ▼ | 87.67% | +15.10 | 72.57% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.25 | $0 |
| Cost of Funds (%) | ▼ | 1.97% | +0.06 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $149 | +4.81 | $144 |
| Gross Loans ($M) | ▲ | $119 | +1.77 | $117 |
| Loan Growth YoY (%) | ▼ | 93.47% | -2.01 | 95.48% |
| Total Deposits ($M) | ▲ | $125 | +4.52 | $120 |
| Shareholders Equity ($M) | ▲ | $20 | +0.81 | $19 |
| Tang. Book Value ($M) | ▲ | $20 | +0.81 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 93.47% | -2.01 | 95.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.61% | +0.53 | 1.08% |
| Allowance / Loans (%) | — | 1.60% | -0.05% | 1.65% |
| Net Charge-Off Ratio (%) | ▼ | 1.95% | +0.62 | 1.33% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.91% | -0.13 | 18.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▅▅▃▅██▁ | Net Interest Margin (%) | 4.42% | 4.50% | 4.50% | 4.41% | 4.47% | 4.64% | 4.62% | 4.28% |
| ▆██▄▅▆▅▁ | Return on Assets (%) | 0.86% | 1.05% | 1.09% | 0.67% | 0.77% | 0.80% | 0.74% | 0.30% |
| ▃▁▁▂▃▃▄█ | Efficiency Ratio (%) | 74.0% | 69.6% | 68.6% | 72.6% | 74.6% | 75.7% | 76.9% | 87.7% |
| ▁▅█▆▆▆██ | Cost of Funds (%) | 1.76% | 1.87% | 1.97% | 1.91% | 1.91% | 1.91% | 1.95% | 1.97% |
| █▁▃▁▇▅▂█ | NPA / Assets (%) | 1.60% | 1.11% | 1.22% | 1.08% | 1.49% | 1.41% | 1.18% | 1.61% |
| ▇▁▃▂▇▆▂█ | Net Charge-Off Ratio (%) | 1.85% | 1.24% | 1.44% | 1.33% | 1.78% | 1.69% | 1.37% | 1.95% |
| ▁▃▂▅▆▇██ | Tang. Book Value ($M) | $18 | $19 | $19 | $19 | $20 | $20 | $20 | $20 |
| ▇▇▃▁▂▄█▄ | Gross Loans ($M) | $120 | $120 | $118 | $117 | $118 | $118 | $121 | $119 |
| ▁▂▂▄▁▂▇█ | Total Deposits ($M) | $117 | $118 | $119 | $120 | $118 | $119 | $123 | $125 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 20% |