Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.08 | 0.56% |
| Return on Equity (%) | ▲ | 4.90% | +0.58 | 4.32% |
| Net Interest Margin (%) | ▲ | 4.12% | +0.28 | 3.85% |
| Efficiency Ratio (%) | ▲ | 79.16% | -3.24 | 82.40% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.10 | $0 |
| Cost of Funds (%) | ▲ | 1.16% | -0.09 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $187 | +5.12 | $182 |
| Gross Loans ($M) | ▲ | $138 | +9.32 | $129 |
| Loan Growth YoY (%) | ▲ | 87.39% | +6.75 | 80.64% |
| Total Deposits ($M) | ▼ | $156 | -1.52 | $158 |
| Shareholders Equity ($M) | ▲ | $24 | +1.52 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +1.52 | $23 |
| TBV excl. AOCI ($M)** | ▲ | $25 | +1.55 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 87.39% | +6.75 | 80.64% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.27% | +0.05 | 0.22% |
| Allowance / Loans (%) | — | 0.97% | -0.09% | 1.06% |
| Net Charge-Off Ratio (%) | ▲ | 0.18% | -0.07 | 0.25% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▁▄▆▇█ | Net Interest Margin (%) | 4.16% | 4.16% | 4.15% | 3.85% | 4.00% | 4.04% | 4.10% | 4.12% |
| ▂██▁▂▂▂▁ | Return on Assets (%) | 0.87% | 1.95% | 1.86% | 0.56% | 0.79% | 0.78% | 0.79% | 0.64% |
| ▆▁▁█▆▇▇█ | Efficiency Ratio (%) | 74.5% | 55.1% | 58.2% | 82.4% | 74.5% | 76.1% | 75.7% | 79.2% |
| ▁▆▅▆▇█▇▃ | Cost of Funds (%) | 1.06% | 1.26% | 1.22% | 1.25% | 1.28% | 1.34% | 1.28% | 1.16% |
| █▁▂▂▅▇▄▆ | NPA / Assets (%) | 0.31% | 0.21% | 0.22% | 0.22% | 0.26% | 0.29% | 0.25% | 0.27% |
| ▇▃▄▄▇█▁▂ | Net Charge-Off Ratio (%) | 0.34% | 0.22% | 0.24% | 0.25% | 0.36% | 0.40% | 0.14% | 0.18% |
| ▁▆▇▄▅▇██ | Tang. Book Value ($M) | $21 | $23 | $24 | $23 | $23 | $24 | $24 | $24 |
| ▁▂▄▄▅▇██ | Gross Loans ($M) | $123 | $126 | $129 | $129 | $132 | $135 | $137 | $138 |
| ▁▁▄███▇█ | Total Deposits ($M) | $144 | $143 | $150 | $158 | $157 | $157 | $155 | $156 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 10% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 65% |
| Interest-Bearing (core) | 27% |
| Brokered / Other | 8% |