Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.22% | -0.02 | 2.24% |
| Return on Equity (%) | ▼ | 16.27% | -1.00 | 17.27% |
| Net Interest Margin (%) | ▲ | 5.12% | +0.09 | 5.03% |
| Efficiency Ratio (%) | ▼ | 55.12% | +1.68 | 53.44% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▲ | 0.92% | -0.07 | 0.99% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $215 | +7.42 | $207 |
| Gross Loans ($M) | ▲ | $171 | +28.47 | $143 |
| Loan Growth YoY (%) | ▲ | 91.79% | +13.05 | 78.74% |
| Total Deposits ($M) | ▲ | $184 | +5.75 | $178 |
| Shareholders Equity ($M) | ▲ | $28 | +1.74 | $26 |
| Tang. Book Value ($M) | ▲ | $28 | +1.74 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 91.79% | +13.05 | 78.74% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 5.38% | +1.28 | 4.10% |
| Allowance / Loans (%) | — | 1.34% | -0.32% | 1.66% |
| Net Charge-Off Ratio (%) | ▼ | 6.75% | +0.80 | 5.95% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▆█▁▃▃▆▂ | Net Interest Margin (%) | 5.43% | 5.44% | 5.58% | 5.03% | 5.18% | 5.18% | 5.40% | 5.12% |
| ▅▇█▁▄▅█▁ | Return on Assets (%) | 2.49% | 2.63% | 2.74% | 2.24% | 2.43% | 2.54% | 2.72% | 2.22% |
| ▅▂▁▇▄▂▁█ | Efficiency Ratio (%) | 51.8% | 49.3% | 48.4% | 53.4% | 51.2% | 49.3% | 48.1% | 55.1% |
| ▆▇█▄▄▂█▁ | Cost of Funds (%) | 1.04% | 1.06% | 1.08% | 0.99% | 1.00% | 0.96% | 1.09% | 0.92% |
| ▄▃▅▃▁▁█▇ | NPA / Assets (%) | 4.52% | 4.18% | 4.78% | 4.10% | 3.40% | 3.21% | 5.82% | 5.38% |
| ▇██▄▁▁▇▆ | Net Charge-Off Ratio (%) | 7.09% | 7.47% | 7.24% | 5.95% | 5.10% | 4.90% | 6.93% | 6.75% |
| ▁▃▅▅▄▇██ | Tang. Book Value ($M) | $24 | $25 | $26 | $26 | $26 | $28 | $28 | $28 |
| ▂▁▁▃▄▆▇█ | Gross Loans ($M) | $138 | $132 | $131 | $143 | $150 | $158 | $166 | $171 |
| ▅█▁▃▆█▁▄ | Total Deposits ($M) | $189 | $208 | $169 | $178 | $196 | $210 | $167 | $184 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 17% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 65% |
| Interest-Bearing (core) | 29% |
| Brokered / Other | 6% |