Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.21% | +0.16 | 1.04% |
| Return on Equity (%) | ▲ | 8.81% | +1.07 | 7.74% |
| Net Interest Margin (%) | ▲ | 3.84% | +0.29 | 3.55% |
| Efficiency Ratio (%) | ▲ | 64.46% | -2.38 | 66.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.32% | -0.16 | 1.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $135 | +5.50 | $129 |
| Gross Loans ($M) | ▲ | $64 | +0.14 | $64 |
| Loan Growth YoY (%) | ▼ | 54.77% | -2.11 | 56.88% |
| Total Deposits ($M) | ▲ | $115 | +4.58 | $111 |
| Shareholders Equity ($M) | ▲ | $19 | +0.73 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +0.73 | $18 |
| TBV excl. AOCI ($M)** | ▲ | $21 | +0.99 | $20 |
| Loan / Deposit Ratio (%) | ▼ | 54.77% | -2.11 | 56.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.17% | -0.08 | 0.25% |
| Allowance / Loans (%) | — | 1.83% | -0.04% | 1.87% |
| Net Charge-Off Ratio (%) | ▲ | 0.36% | -0.14 | 0.50% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▃▄▅█ | Net Interest Margin (%) | 3.82% | 3.83% | 3.81% | 3.55% | 3.64% | 3.68% | 3.73% | 3.84% |
| ▆▇█▁▂▂▁▅ | Return on Assets (%) | 1.24% | 1.26% | 1.31% | 1.04% | 1.09% | 1.10% | 1.05% | 1.21% |
| ▂▁▅▇▆▆█▄ | Efficiency Ratio (%) | 61.7% | 60.7% | 64.8% | 66.8% | 66.2% | 66.2% | 68.4% | 64.5% |
| ▁▂█▇▆▆▅▁ | Cost of Funds (%) | 1.33% | 1.36% | 1.51% | 1.48% | 1.45% | 1.45% | 1.44% | 1.32% |
| ▆▁▁█▆█▄▄ | NPA / Assets (%) | 0.20% | 0.11% | 0.11% | 0.25% | 0.20% | 0.25% | 0.17% | 0.17% |
| ▅▁▁█▅█▄▄ | Net Charge-Off Ratio (%) | 0.39% | 0.23% | 0.23% | 0.50% | 0.40% | 0.52% | 0.36% | 0.36% |
| ▁▅▃▆▇███ | Tang. Book Value ($M) | $16 | $18 | $17 | $18 | $18 | $19 | $19 | $19 |
| ▁█▆▅█▄▂▅ | Gross Loans ($M) | $63 | $65 | $65 | $64 | $65 | $64 | $64 | $64 |
| ▁▇▅▄▆▇██ | Total Deposits ($M) | $106 | $115 | $112 | $111 | $113 | $115 | $117 | $115 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 1% |
| Consumer | 27% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 12% |