Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.25% | +0.04 | 0.22% |
| Return on Equity (%) | ▲ | 3.83% | +0.18 | 3.65% |
| Net Interest Margin (%) | ▲ | 2.93% | +0.23 | 2.71% |
| Efficiency Ratio (%) | ▲ | 89.53% | -0.88 | 90.42% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.01 | $0 |
| Cost of Funds (%) | ▲ | 2.23% | -0.24 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $102 | +0.66 | $101 |
| Gross Loans ($M) | ▲ | $84 | +2.23 | $82 |
| Loan Growth YoY (%) | ▲ | 113.02% | +1.09 | 111.93% |
| Total Deposits ($M) | ▲ | $74 | +1.27 | $72 |
| Shareholders Equity ($M) | ▲ | $7 | +0.64 | $6 |
| Tang. Book Value ($M) | ▲ | $7 | +0.66 | $6 |
| Loan / Deposit Ratio (%) | ▲ | 113.02% | +1.09 | 111.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 0.96% | -0.02% | 0.99% |
| Net Charge-Off Ratio (%) | ▼ | 0.03% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 12.49% | +0.32 | 12.17% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▃▄▆▇█ | Net Interest Margin (%) | 2.68% | 2.65% | 2.59% | 2.71% | 2.73% | 2.82% | 2.87% | 2.93% |
| ▂▂▁▅▆██▆ | Return on Assets (%) | 0.10% | 0.09% | 0.03% | 0.22% | 0.25% | 0.33% | 0.35% | 0.25% |
| ▆▇█▃▃▁▁▃ | Efficiency Ratio (%) | 96.1% | 98.0% | 101.1% | 90.4% | 89.3% | 86.2% | 85.2% | 89.5% |
| ▇▆█▆▄▄▃▁ | Cost of Funds (%) | 2.47% | 2.47% | 2.55% | 2.46% | 2.37% | 2.37% | 2.31% | 2.23% |
| ██▅▁▃▃▁▁ | NPA / Assets (%) | 0.24% | 0.27% | 0.13% | 0.00% | 0.10% | 0.10% | 0.00% | 0.02% |
| █▅▅▁▄▄▁▁ | Net Charge-Off Ratio (%) | 0.31% | 0.17% | 0.16% | 0.00% | 0.12% | 0.12% | 0.00% | 0.03% |
| ▁▅▁▃▄▇██ | Tang. Book Value ($M) | $6 | $6 | $6 | $6 | $6 | $6 | $7 | $7 |
| ▄▁▆▂▄▆██ | Gross Loans ($M) | $82 | $81 | $83 | $82 | $82 | $83 | $84 | $84 |
| ▅▅▅▁█▄▇▃ | Total Deposits ($M) | $75 | $75 | $75 | $72 | $76 | $74 | $76 | $74 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 4% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 32% |