Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.43% | +0.19 | 0.24% |
| Return on Equity (%) | ▲ | 6.00% | +1.91 | 4.09% |
| Net Interest Margin (%) | ▲ | 2.00% | +0.36 | 1.65% |
| Efficiency Ratio (%) | ▲ | 75.02% | -10.84 | 85.85% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.18 | $0 |
| Cost of Funds (%) | ▲ | 2.13% | -0.06 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $268 | +3.43 | $265 |
| Gross Loans ($M) | ▼ | $121 | -1.38 | $123 |
| Loan Growth YoY (%) | ▼ | 55.28% | -1.28 | 56.56% |
| Total Deposits ($M) | ▲ | $217 | +2.66 | $215 |
| Shareholders Equity ($M) | ▲ | $19 | +2.72 | $16 |
| Tang. Book Value ($M) | ▲ | $15 | +2.72 | $12 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +2.56 | $18 |
| Loan / Deposit Ratio (%) | ▼ | 55.28% | -1.28 | 56.56% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.82% | -0.20 | 1.02% |
| Allowance / Loans (%) | — | 1.13% | -0.07% | 1.21% |
| Net Charge-Off Ratio (%) | ▲ | 1.80% | -0.39 | 2.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.63% | +0.43 | 15.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 1.57% | 1.57% | 1.57% | 1.65% | 1.71% | 1.76% | 1.80% | 2.00% |
| ▁▁▂▄▄▆▆█ | Return on Assets (%) | 0.11% | 0.14% | 0.19% | 0.24% | 0.27% | 0.33% | 0.35% | 0.43% |
| ███▇▇▅▄▁ | Efficiency Ratio (%) | 87.6% | 87.9% | 88.3% | 85.9% | 85.0% | 81.8% | 80.7% | 75.0% |
| ▃▇█▄▅█▅▁ | Cost of Funds (%) | 2.17% | 2.26% | 2.26% | 2.19% | 2.21% | 2.28% | 2.21% | 2.13% |
| ▅▂▆██▆▁▆ | NPA / Assets (%) | 0.73% | 0.52% | 0.81% | 1.02% | 1.08% | 0.82% | 0.35% | 0.82% |
| ▆▃▆█▇▆▁▆ | Net Charge-Off Ratio (%) | 1.66% | 1.14% | 1.75% | 2.19% | 1.98% | 1.71% | 0.75% | 1.80% |
| ▁▆▁▃▄▇█▇ | Tang. Book Value ($M) | $10 | $14 | $11 | $12 | $13 | $14 | $15 | $15 |
| ▁▂▄▇▇▇█▅ | Gross Loans ($M) | $116 | $118 | $120 | $123 | $123 | $123 | $125 | $121 |
| ▆▃▄▆▅▁██ | Total Deposits ($M) | $215 | $210 | $211 | $215 | $213 | $206 | $218 | $217 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 14% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 14% |