Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.39% | +0.40 | 0.99% |
| Return on Equity (%) | ▲ | 11.40% | +3.12 | 8.28% |
| Net Interest Margin (%) | ▲ | 5.02% | +0.45 | 4.57% |
| Efficiency Ratio (%) | ▲ | 66.06% | -3.31 | 69.37% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 2.63% | -0.37 | 3.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $301 | +21.71 | $279 |
| Gross Loans ($M) | ▲ | $249 | +32.73 | $217 |
| Loan Growth YoY (%) | ▲ | 99.88% | +1.96 | 97.92% |
| Total Deposits ($M) | ▲ | $247 | +27.98 | $219 |
| Shareholders Equity ($M) | ▲ | $37 | +3.74 | $33 |
| Tang. Book Value ($M) | ▲ | $34 | +3.78 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 99.88% | +1.96 | 97.92% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.47% | -0.13 | 0.61% |
| Allowance / Loans (%) | — | 1.21% | 0.05% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.57% | -0.21 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.78M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▅▁▂▃▃▄ | Net Interest Margin (%) | 5.55% | 5.36% | 5.13% | 4.57% | 4.77% | 4.86% | 4.88% | 5.02% |
| ▁▃▃▅▅▆▇█ | Return on Assets (%) | 0.37% | 0.65% | 0.66% | 0.99% | 0.88% | 1.09% | 1.21% | 1.39% |
| █▆▆▂▃▂▂▁ | Efficiency Ratio (%) | 84.0% | 77.9% | 77.5% | 69.4% | 72.7% | 70.2% | 68.5% | 66.1% |
| ▁▆▆██▆▇▄ | Cost of Funds (%) | 2.28% | 2.77% | 2.82% | 3.00% | 3.00% | 2.81% | 2.87% | 2.63% |
| ▂▁▁▃▂▁█▁ | NPA / Assets (%) | 0.55% | 0.49% | 0.51% | 0.61% | 0.59% | 0.53% | 0.95% | 0.47% |
| ▄▁▁▄▃▁█▁ | Net Charge-Off Ratio (%) | 0.78% | 0.61% | 0.60% | 0.78% | 0.70% | 0.63% | 1.09% | 0.57% |
| ▁▁▄▅▅▇██ | Tang. Book Value ($M) | $26 | $27 | $30 | $31 | $31 | $32 | $33 | $34 |
| ▁▄▆▅▆███ | Gross Loans ($M) | $150 | $192 | $228 | $217 | $225 | $252 | $259 | $249 |
| ▁▂▃▅▆█▇█ | Total Deposits ($M) | $176 | $186 | $198 | $219 | $220 | $246 | $237 | $247 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 15% |