Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.50 | 0.39% |
| Return on Equity (%) | ▲ | 5.79% | +2.88 | 2.91% |
| Net Interest Margin (%) | ▲ | 2.37% | +0.43 | 1.94% |
| Efficiency Ratio (%) | ▲ | 58.62% | -18.37 | 76.99% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $0 |
| Cost of Funds (%) | ▲ | 2.53% | -0.68 | 3.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $159 | -14.51 | $173 |
| Gross Loans ($M) | ▲ | $86 | +1.55 | $85 |
| Loan Growth YoY (%) | ▲ | 64.01% | +8.29 | 55.71% |
| Total Deposits ($M) | ▼ | $131 | -16.90 | $148 |
| Shareholders Equity ($M) | ▲ | $26 | +1.49 | $24 |
| Tang. Book Value ($M) | ▲ | $22 | +1.09 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 64.01% | +8.29 | 55.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 2.74% | 0.07% | 2.68% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.31M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▄▅▁▅▆▇█ | Net Interest Margin (%) | 2.17% | 2.12% | 2.16% | 1.94% | 2.17% | 2.23% | 2.32% | 2.37% |
| █▅▅▁▅▅▆█ | Return on Assets (%) | 0.84% | 0.68% | 0.66% | 0.39% | 0.67% | 0.67% | 0.76% | 0.90% |
| ▁▃▃█▃▃▂▁ | Efficiency Ratio (%) | 58.2% | 65.0% | 64.5% | 77.0% | 63.0% | 63.6% | 61.4% | 58.6% |
| ███▇▅▃▂▁ | Cost of Funds (%) | 3.39% | 3.37% | 3.37% | 3.21% | 3.02% | 2.82% | 2.65% | 2.53% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▄▄▅▇█ | Tang. Book Value ($M) | $20 | $21 | $21 | $21 | $21 | $21 | $22 | $22 |
| ▁▇█▇█▇▇█ | Gross Loans ($M) | $77 | $84 | $86 | $85 | $86 | $85 | $85 | $86 |
| ▅██▆▆▄▄▁ | Total Deposits ($M) | $147 | $158 | $156 | $148 | $148 | $141 | $142 | $131 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 8% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 31% |