Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.90% | +0.07 | 0.83% |
| Return on Equity (%) | ▲ | 3.80% | +0.16 | 3.64% |
| Net Interest Margin (%) | ▲ | 3.72% | +0.24 | 3.48% |
| Efficiency Ratio (%) | ▲ | 69.05% | -0.42 | 69.48% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▼ | 0.56% | +0.10 | 0.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $140 | +2.09 | $138 |
| Gross Loans ($M) | ▲ | $107 | +6.95 | $100 |
| Loan Growth YoY (%) | ▲ | 99.68% | +6.03 | 93.65% |
| Total Deposits ($M) | ▲ | $106 | +0.56 | $106 |
| Shareholders Equity ($M) | ▲ | $33 | +1.36 | $32 |
| Tang. Book Value ($M) | ▲ | $33 | +1.36 | $32 |
| Loan / Deposit Ratio (%) | ▲ | 99.68% | +6.03 | 93.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Allowance / Loans (%) | — | 0.96% | -0.07% | 1.02% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.10 | 0.10% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▅▆▆▇█ | Net Interest Margin (%) | 3.14% | 3.16% | 3.21% | 3.48% | 3.50% | 3.56% | 3.62% | 3.72% |
| ▂▁▂▄▇▇█▆ | Return on Assets (%) | 0.75% | 0.71% | 0.77% | 0.83% | 0.91% | 0.92% | 0.97% | 0.90% |
| ▆█▄▅▁▂▁▅ | Efficiency Ratio (%) | 70.1% | 71.6% | 68.6% | 69.5% | 66.6% | 67.0% | 66.1% | 69.1% |
| ▁▅▁▁▄▅█▅ | Cost of Funds (%) | 0.44% | 0.54% | 0.46% | 0.46% | 0.52% | 0.55% | 0.64% | 0.56% |
| ▁▆▆█▃▁▃▁ | NPA / Assets (%) | 0.00% | 0.05% | 0.05% | 0.07% | 0.02% | 0.00% | 0.02% | 0.00% |
| ▁▇▆█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.07% | 0.07% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▁▃▄▅▆▇█ | Tang. Book Value ($M) | $31 | $31 | $31 | $32 | $32 | $32 | $33 | $33 |
| ▁▁▂▄▆▇██ | Gross Loans ($M) | $94 | $95 | $97 | $100 | $104 | $104 | $107 | $107 |
| ▂▆█▇▁▆▆█ | Total Deposits ($M) | $102 | $105 | $107 | $106 | $101 | $105 | $105 | $106 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 97% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 5% |