Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.08% | -0.04 | 2.12% |
| Return on Equity (%) | ▼ | 5.68% | -0.33 | 6.01% |
| Net Interest Margin (%) | ▲ | 5.13% | +0.09 | 5.03% |
| Efficiency Ratio (%) | ▼ | 50.20% | +4.61 | 45.59% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.12 | $1 |
| Cost of Funds (%) | ▲ | 1.09% | -0.12 | 1.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $186 | +3.28 | $183 |
| Gross Loans ($M) | ▼ | $151 | -7.18 | $159 |
| Loan Growth YoY (%) | ▼ | 134.62% | -6.02 | 140.65% |
| Total Deposits ($M) | ▼ | $111 | -0.28 | $112 |
| Shareholders Equity ($M) | ▲ | $68 | +3.36 | $64 |
| Tang. Book Value ($M) | ▲ | $68 | +3.36 | $64 |
| Loan / Deposit Ratio (%) | ▼ | 134.62% | -6.02 | 140.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.19% | -0.00 | 0.19% |
| Allowance / Loans (%) | — | 1.02% | -0.00% | 1.02% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.01 | 0.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▁▂██▇▅ | Net Interest Margin (%) | 5.01% | 5.01% | 4.97% | 5.03% | 5.26% | 5.23% | 5.22% | 5.13% |
| ▅▂▁▇██▄▇ | Return on Assets (%) | 1.96% | 1.69% | 1.53% | 2.12% | 2.24% | 2.18% | 1.86% | 2.08% |
| ▁▃▇▃▁▂█▇ | Efficiency Ratio (%) | 44.4% | 46.0% | 50.8% | 45.6% | 43.4% | 44.6% | 52.0% | 50.2% |
| ▆▇█▅▄▄▄▁ | Cost of Funds (%) | 1.25% | 1.28% | 1.33% | 1.21% | 1.19% | 1.19% | 1.21% | 1.09% |
| ▁▁█▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.41% | 0.19% | 0.19% | 0.19% | 0.19% | 0.19% |
| ▁▁█▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.48% | 0.22% | 0.23% | 0.23% | 0.23% | 0.23% |
| ▁▁▂▃▅▆▇█ | Tang. Book Value ($M) | $63 | $63 | $64 | $64 | $66 | $66 | $67 | $68 |
| ▁▃▆█▆▇▆▅ | Gross Loans ($M) | $140 | $146 | $153 | $159 | $152 | $155 | $154 | $151 |
| ▁▄▇█▅▄▅█ | Total Deposits ($M) | $104 | $107 | $110 | $112 | $109 | $107 | $108 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 4% |
| Interest-Bearing (core) | 74% |
| Brokered / Other | 22% |