Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.57% | +0.08 | 1.49% |
| Return on Equity (%) | ▼ | 14.51% | -1.28 | 15.79% |
| Net Interest Margin (%) | ▲ | 4.09% | +0.10 | 3.98% |
| Efficiency Ratio (%) | ▲ | 49.42% | -1.58 | 51.01% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.19% | -0.09 | 1.29% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $161 | +6.79 | $154 |
| Gross Loans ($M) | ▲ | $94 | +7.78 | $86 |
| Loan Growth YoY (%) | ▲ | 75.70% | +3.91 | 71.79% |
| Total Deposits ($M) | ▲ | $123 | +4.16 | $118 |
| Shareholders Equity ($M) | ▲ | $18 | +2.56 | $15 |
| Tang. Book Value ($M) | ▲ | $18 | +2.56 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.47 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 75.70% | +3.91 | 71.79% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.17% | +0.17 | 0.00% |
| Allowance / Loans (%) | — | 0.84% | -0.08% | 0.92% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.84% | +0.53 | 24.30% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▇██▆ | Net Interest Margin (%) | 3.80% | 3.84% | 3.86% | 3.98% | 4.10% | 4.16% | 4.19% | 4.09% |
| ▁▁▂▅▇███ | Return on Assets (%) | 1.31% | 1.35% | 1.37% | 1.49% | 1.56% | 1.60% | 1.58% | 1.57% |
| ██▇▃▁▁▂▁ | Efficiency Ratio (%) | 54.8% | 54.1% | 53.7% | 51.0% | 49.7% | 49.0% | 50.3% | 49.4% |
| ▁▅█▇▂▇▆▁ | Cost of Funds (%) | 1.19% | 1.26% | 1.31% | 1.29% | 1.22% | 1.29% | 1.27% | 1.19% |
| ▃▁▂▁▅███ | NPA / Assets (%) | 0.06% | 0.00% | 0.03% | 0.00% | 0.10% | 0.16% | 0.16% | 0.17% |
| ▄▁▂▁▆█▄▁ | Net Charge-Off Ratio (%) | 0.11% | 0.00% | 0.05% | 0.00% | 0.17% | 0.27% | 0.11% | 0.00% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $13 | $15 | $14 | $15 | $16 | $17 | $17 | $18 |
| ▁▂▁▄▇█▇█ | Gross Loans ($M) | $79 | $82 | $79 | $86 | $90 | $93 | $90 | $94 |
| ▁▃▆▆████ | Total Deposits ($M) | $108 | $112 | $119 | $118 | $122 | $122 | $122 | $123 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 17% |