Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.42% | +0.30 | 1.12% |
| Return on Equity (%) | ▲ | 9.67% | +0.98 | 8.69% |
| Net Interest Margin (%) | ▲ | 4.49% | +0.58 | 3.91% |
| Efficiency Ratio (%) | ▲ | 60.09% | -4.39 | 64.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.24 | 1.96% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $166 | -6.36 | $172 |
| Gross Loans ($M) | ▲ | $124 | +3.57 | $120 |
| Loan Growth YoY (%) | ▼ | 97.47% | -0.31 | 97.78% |
| Total Deposits ($M) | ▲ | $125 | +4.03 | $121 |
| Shareholders Equity ($M) | ▲ | $25 | +2.03 | $23 |
| Tang. Book Value ($M) | ▲ | $25 | +2.03 | $23 |
| Loan / Deposit Ratio (%) | ▼ | 97.47% | -0.31 | 97.78% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.36% | -0.02% | 1.37% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 21.47% | +1.16 | 20.31% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▂▂▂▃█ | Net Interest Margin (%) | 3.83% | 3.79% | 3.72% | 3.91% | 3.88% | 3.86% | 3.92% | 4.49% |
| ▁▂▁▅▃▄▄█ | Return on Assets (%) | 0.79% | 0.82% | 0.73% | 1.12% | 0.94% | 1.02% | 1.07% | 1.42% |
| ███▄▄▃▂▁ | Efficiency Ratio (%) | 70.7% | 70.9% | 70.4% | 64.5% | 65.0% | 63.6% | 62.4% | 60.1% |
| ▆█▆▅█▃▁▁ | Cost of Funds (%) | 2.03% | 2.18% | 2.04% | 1.96% | 2.13% | 1.85% | 1.69% | 1.72% |
| ▁▁▁▁██▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.05% | 0.00% | 0.00% |
| ▁▁▁▁▇█▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.08% | 0.00% | 0.00% |
| ▁▃▂▄▅▇▇█ | Tang. Book Value ($M) | $22 | $23 | $23 | $23 | $24 | $25 | $25 | $25 |
| ▇▇▅▆▄▁██ | Gross Loans ($M) | $123 | $122 | $119 | $120 | $116 | $110 | $125 | $124 |
| ▁▂▇▂▁█▇▃ | Total Deposits ($M) | $118 | $121 | $136 | $121 | $118 | $141 | $137 | $125 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 22% |