Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.56% | +0.42 | 0.14% |
| Return on Equity (%) | ▲ | 3.64% | +2.71 | 0.93% |
| Net Interest Margin (%) | ▲ | 4.10% | +0.67 | 3.43% |
| Efficiency Ratio (%) | ▲ | 82.87% | -11.77 | 94.64% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.24 | $0 |
| Cost of Funds (%) | ▲ | 1.14% | -0.18 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $187 | +0.28 | $187 |
| Gross Loans ($M) | ▲ | $149 | +4.21 | $145 |
| Loan Growth YoY (%) | ▲ | 102.44% | +3.25 | 99.19% |
| Total Deposits ($M) | ▼ | $143 | -0.37 | $144 |
| Shareholders Equity ($M) | ▲ | $29 | +1.09 | $27 |
| Tang. Book Value ($M) | ▲ | $29 | +1.09 | $27 |
| Loan / Deposit Ratio (%) | ▲ | 102.44% | +3.25 | 99.19% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.98% | +0.26 | 1.72% |
| Allowance / Loans (%) | — | 1.27% | -0.09% | 1.35% |
| Net Charge-Off Ratio (%) | ▼ | 2.49% | +0.26 | 2.22% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.94% | +0.06 | 25.88% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▁▁▂▃█ | Net Interest Margin (%) | 3.44% | 3.53% | 3.51% | 3.43% | 3.51% | 3.59% | 3.67% | 4.10% |
| ▃▄▅▁▂▄▃█ | Return on Assets (%) | 0.25% | 0.34% | 0.38% | 0.14% | 0.23% | 0.33% | 0.29% | 0.56% |
| ▆▃▄█▆▄▅▁ | Efficiency Ratio (%) | 90.5% | 87.3% | 88.5% | 94.6% | 91.5% | 88.6% | 89.5% | 82.9% |
| ▁▆█▇▅▃▁▁ | Cost of Funds (%) | 1.15% | 1.28% | 1.37% | 1.33% | 1.27% | 1.22% | 1.16% | 1.14% |
| ▁▂▁▄▃▆▆█ | NPA / Assets (%) | 1.52% | 1.58% | 1.57% | 1.72% | 1.67% | 1.83% | 1.84% | 1.98% |
| ▁▂▁▄▃▆▆█ | Net Charge-Off Ratio (%) | 1.97% | 2.05% | 2.00% | 2.22% | 2.11% | 2.30% | 2.31% | 2.49% |
| ▁▂▄▅▆▆██ | Tang. Book Value ($M) | $26 | $27 | $27 | $27 | $28 | $28 | $28 | $29 |
| ▁▁▄▅▇███ | Gross Loans ($M) | $139 | $140 | $143 | $145 | $147 | $148 | $149 | $149 |
| ▁▄▅▇▃█▃▇ | Total Deposits ($M) | $137 | $141 | $141 | $144 | $140 | $145 | $140 | $143 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 1% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 5% |