Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.37% | -0.17 | 1.54% |
| Return on Equity (%) | ▼ | 13.36% | -0.83 | 14.19% |
| Net Interest Margin (%) | ▼ | 5.22% | -0.09 | 5.31% |
| Efficiency Ratio (%) | ▼ | 61.93% | +5.00 | 56.94% |
| Pre-Provision Profit ($M) | ▼ | $3 | -0.39 | $3 |
| Cost of Funds (%) | ▼ | 1.12% | +0.07 | 1.06% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $517 | -4.99 | $522 |
| Gross Loans ($M) | ▲ | $370 | +1.26 | $369 |
| Loan Growth YoY (%) | ▼ | 79.58% | -0.27 | 79.85% |
| Total Deposits ($M) | ▲ | $455 | +2.60 | $452 |
| Shareholders Equity ($M) | ▼ | $54 | -3.41 | $57 |
| Tang. Book Value ($M) | ▼ | $54 | -3.41 | $57 |
| TBV excl. AOCI ($M)** | ▼ | $60 | -3.48 | $63 |
| Loan / Deposit Ratio (%) | ▼ | 79.58% | -0.27 | 79.85% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.54% | +1.21 | 0.34% |
| Allowance / Loans (%) | — | 2.17% | 0.11% | 2.07% |
| Net Charge-Off Ratio (%) | ▼ | 2.15% | +1.68 | 0.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.79% | -1.25 | 16.04% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▅▇▅▅▇█▁ | Net Interest Margin (%) | 5.19% | 5.32% | 5.38% | 5.31% | 5.32% | 5.37% | 5.42% | 5.22% |
| ▂▄▃▅██▇▁ | Return on Assets (%) | 1.45% | 1.50% | 1.47% | 1.54% | 1.65% | 1.68% | 1.64% | 1.37% |
| ▆▃▃▄▁▁▃█ | Efficiency Ratio (%) | 58.9% | 56.2% | 55.8% | 56.9% | 53.5% | 53.6% | 55.9% | 61.9% |
| ▄▅▁▅▂▁▄█ | Cost of Funds (%) | 1.04% | 1.05% | 0.96% | 1.06% | 1.00% | 0.97% | 1.03% | 1.12% |
| ▂▂▁▁▆███ | NPA / Assets (%) | 0.62% | 0.57% | 0.39% | 0.34% | 1.13% | 1.56% | 1.52% | 1.54% |
| ▂▂▁▁▆███ | Net Charge-Off Ratio (%) | 0.84% | 0.75% | 0.55% | 0.48% | 1.63% | 2.23% | 2.08% | 2.15% |
| ▂▅▃▄▆█▁▂ | Tang. Book Value ($M) | $54 | $58 | $55 | $57 | $60 | $63 | $52 | $54 |
| ▁▃▅▇▇██▇ | Gross Loans ($M) | $351 | $357 | $363 | $369 | $370 | $375 | $374 | $370 |
| ▂▁▄▆██▄▆ | Total Deposits ($M) | $436 | $432 | $445 | $452 | $463 | $463 | $446 | $455 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 58% |
| C&I / Commercial | 28% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 37% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 17% |