Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.73% | +0.14 | 2.58% |
| Return on Equity (%) | ▲ | 23.59% | +0.23 | 23.36% |
| Net Interest Margin (%) | ▲ | 4.40% | +0.21 | 4.20% |
| Efficiency Ratio (%) | ▲ | 40.70% | -0.01 | 40.72% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.16 | $2 |
| Cost of Funds (%) | ▲ | 1.11% | -0.11 | 1.22% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $302 | +5.96 | $296 |
| Gross Loans ($M) | ▲ | $243 | +1.71 | $242 |
| Loan Growth YoY (%) | ▼ | 90.84% | -0.54 | 91.37% |
| Total Deposits ($M) | ▲ | $265 | +3.39 | $262 |
| Shareholders Equity ($M) | ▲ | $36 | +2.55 | $34 |
| Tang. Book Value ($M) | ▲ | $36 | +2.55 | $34 |
| Loan / Deposit Ratio (%) | ▼ | 90.84% | -0.54 | 91.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.09% | 0.00% | 1.08% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▃▂▁▃▆▆█ | Net Interest Margin (%) | 4.29% | 4.25% | 4.25% | 4.20% | 4.26% | 4.34% | 4.35% | 4.40% |
| ▆▄▃▁▆▆█▅ | Return on Assets (%) | 2.75% | 2.69% | 2.66% | 2.58% | 2.75% | 2.76% | 2.83% | 2.73% |
| ▁▄▆█▅▆▄█ | Efficiency Ratio (%) | 38.6% | 39.4% | 40.1% | 40.7% | 39.7% | 39.9% | 39.5% | 40.7% |
| ▃▄▂▇▇█▁▂ | Cost of Funds (%) | 1.13% | 1.15% | 1.11% | 1.22% | 1.22% | 1.24% | 1.08% | 1.11% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% |
| ▂▂▁▄▅▆▅█ | Tang. Book Value ($M) | $33 | $33 | $32 | $34 | $35 | $35 | $34 | $36 |
| ▁▁█▄▅▂█▅ | Gross Loans ($M) | $236 | $235 | $250 | $242 | $243 | $237 | $249 | $243 |
| ▂▁▅▅▅▂█▅ | Total Deposits ($M) | $253 | $248 | $263 | $262 | $262 | $253 | $276 | $265 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 12% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 34% |
| Interest-Bearing (core) | 51% |
| Brokered / Other | 15% |