Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.93% | +0.08 | 2.85% |
| Return on Equity (%) | ▼ | 23.25% | -0.89 | 24.14% |
| Net Interest Margin (%) | ▲ | 5.33% | +0.09 | 5.24% |
| Efficiency Ratio (%) | ▲ | 41.27% | -2.17 | 43.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.15 | $1 |
| Cost of Funds (%) | ▲ | 1.28% | -0.25 | 1.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $173 | +14.10 | $159 |
| Gross Loans ($M) | ▲ | $117 | +5.22 | $111 |
| Loan Growth YoY (%) | ▼ | 76.71% | -2.64 | 79.35% |
| Total Deposits ($M) | ▲ | $150 | +11.57 | $139 |
| Shareholders Equity ($M) | ▲ | $22 | +2.53 | $19 |
| Tang. Book Value ($M) | ▲ | $22 | +2.53 | $19 |
| Loan / Deposit Ratio (%) | ▼ | 76.71% | -2.64 | 79.35% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.12% | -0.08 | 0.20% |
| Allowance / Loans (%) | — | 1.02% | -0.04% | 1.05% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.10 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 19.22% | +1.52 | 17.70% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▂▂▃▁ | Net Interest Margin (%) | 6.23% | 6.10% | 5.94% | 5.24% | 5.38% | 5.43% | 5.49% | 5.33% |
| █▇▅▁▂▂▃▁ | Return on Assets (%) | 3.53% | 3.41% | 3.20% | 2.85% | 2.94% | 3.01% | 3.06% | 2.93% |
| ▁▄██▇▆▆▃ | Efficiency Ratio (%) | 40.3% | 41.5% | 43.2% | 43.4% | 42.7% | 42.6% | 42.3% | 41.3% |
| ▁▃██▆▆▄▄ | Cost of Funds (%) | 1.08% | 1.20% | 1.54% | 1.53% | 1.41% | 1.40% | 1.30% | 1.28% |
| ▁▁▁▅▄█▃▂ | NPA / Assets (%) | 0.10% | 0.10% | 0.09% | 0.20% | 0.18% | 0.29% | 0.15% | 0.12% |
| ▁▁▁█▇▆▅▃ | Net Charge-Off Ratio (%) | 0.13% | 0.12% | 0.12% | 0.28% | 0.24% | 0.22% | 0.21% | 0.18% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $17 | $18 | $19 | $19 | $20 | $20 | $21 | $22 |
| ▄▇▄▁▇▅█▅ | Gross Loans ($M) | $115 | $118 | $115 | $111 | $118 | $116 | $120 | $117 |
| ▁▃▆▅▅▅▇█ | Total Deposits ($M) | $124 | $132 | $142 | $139 | $140 | $137 | $146 | $150 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 82% |
| C&I / Commercial | 14% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 66% |
| Brokered / Other | 11% |