Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.34% | -0.19 | 1.53% |
| Return on Equity (%) | ▼ | 11.28% | -1.81 | 13.09% |
| Net Interest Margin (%) | ▲ | 5.47% | +0.07 | 5.41% |
| Efficiency Ratio (%) | ▲ | 63.58% | -6.54 | 70.12% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $1 |
| Cost of Funds (%) | ▼ | 0.36% | +0.08 | 0.28% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $126 | +3.33 | $123 |
| Gross Loans ($M) | ▼ | $79 | -5.46 | $85 |
| Loan Growth YoY (%) | ▼ | 70.90% | -7.57 | 78.48% |
| Total Deposits ($M) | ▲ | $110 | +3.51 | $107 |
| Shareholders Equity ($M) | ▼ | $15 | -0.07 | $15 |
| Tang. Book Value ($M) | ▼ | $13 | -0.07 | $13 |
| TBV excl. AOCI ($M)** | ▼ | $14 | -0.05 | $14 |
| Loan / Deposit Ratio (%) | ▼ | 70.90% | -7.57 | 78.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.21% | +0.08 | 2.13% |
| Allowance / Loans (%) | — | 1.00% | 0.24% | 0.76% |
| Net Charge-Off Ratio (%) | ▼ | 3.53% | +0.43 | 3.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.42% | +0.46 | 14.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▇▇██▇ | Net Interest Margin (%) | 4.79% | 4.92% | 5.20% | 5.41% | 5.47% | 5.52% | 5.58% | 5.47% |
| ▇███▁▄▅▇ | Return on Assets (%) | 1.31% | 1.49% | 1.64% | 1.53% | -0.03% | 0.61% | 0.89% | 1.34% |
| ▇▄▂█▅▆▆▁ | Efficiency Ratio (%) | 68.9% | 66.8% | 64.5% | 70.1% | 67.6% | 67.8% | 67.9% | 63.6% |
| ▃▂▁▂▄█▅▇ | Cost of Funds (%) | 0.29% | 0.28% | 0.25% | 0.28% | 0.32% | 0.39% | 0.33% | 0.36% |
| ▂▂▃█▆▅▁█ | NPA / Assets (%) | 0.81% | 0.91% | 1.01% | 2.13% | 1.67% | 1.57% | 0.59% | 2.21% |
| ▂▂▃▇▅▅▁█ | Net Charge-Off Ratio (%) | 1.38% | 1.56% | 1.59% | 3.10% | 2.49% | 2.42% | 0.93% | 3.53% |
| ▁▅▇█▅▇██ | Tang. Book Value ($M) | $11 | $12 | $13 | $13 | $12 | $13 | $13 | $13 |
| ▁▃███▅▃▁ | Gross Loans ($M) | $80 | $80 | $84 | $85 | $84 | $82 | $81 | $79 |
| ██▆▁▁▃▃▂ | Total Deposits ($M) | $121 | $122 | $118 | $107 | $108 | $111 | $112 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 19% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 4% |