Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.94% | +0.03 | 0.91% |
| Return on Equity (%) | ▲ | 3.60% | +0.32 | 3.28% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.11 | 3.88% |
| Efficiency Ratio (%) | ▼ | 74.14% | +0.18 | 73.96% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.44% | -0.07 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $285 | +17.01 | $268 |
| Gross Loans ($M) | ▼ | $164 | -2.40 | $166 |
| Loan Growth YoY (%) | ▼ | 80.43% | -9.22 | 89.65% |
| Total Deposits ($M) | ▲ | $201 | +18.18 | $182 |
| Shareholders Equity ($M) | ▼ | $74 | -1.57 | $75 |
| Tang. Book Value ($M) | ▼ | $74 | -1.57 | $75 |
| TBV excl. AOCI ($M)** | ▼ | $77 | -0.56 | $77 |
| Loan / Deposit Ratio (%) | ▼ | 80.43% | -9.22 | 89.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.95% | +0.31 | 0.64% |
| Allowance / Loans (%) | — | 1.40% | -0.10% | 1.51% |
| Net Charge-Off Ratio (%) | ▼ | 1.64% | +0.65 | 0.99% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 44.29% | -2.66 | 46.95% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▄▅▆█▇██ | Net Interest Margin (%) | 3.62% | 3.76% | 3.83% | 3.88% | 3.96% | 3.94% | 3.95% | 3.99% |
| ▁▃▄█████ | Return on Assets (%) | -2.75% | -1.60% | -0.97% | 0.91% | 0.88% | 0.83% | 0.80% | 0.94% |
| █▅▃▁▁▁▁▁ | Efficiency Ratio (%) | 90.3% | 82.7% | 79.8% | 74.0% | 74.3% | 75.3% | 75.4% | 74.1% |
| ▃█▄▃▂▄▂▁ | Cost of Funds (%) | 1.50% | 1.65% | 1.52% | 1.50% | 1.47% | 1.52% | 1.49% | 1.44% |
| ▁▁▂▂▂▃██ | NPA / Assets (%) | 0.58% | 0.58% | 0.67% | 0.64% | 0.65% | 0.68% | 0.96% | 0.95% |
| ▂▁▂▂▂▃██ | Net Charge-Off Ratio (%) | 1.04% | 0.87% | 0.98% | 0.99% | 1.00% | 1.11% | 1.55% | 1.64% |
| ▃▆▆█▁▂▄▅ | Tang. Book Value ($M) | $73 | $74 | $74 | $75 | $71 | $72 | $73 | $74 |
| ▁▆▇▇▇▆█▅ | Gross Loans ($M) | $153 | $166 | $167 | $166 | $168 | $165 | $170 | $164 |
| ▄▁▅▄▅▆▆█ | Total Deposits ($M) | $185 | $171 | $188 | $182 | $188 | $193 | $191 | $201 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 83% |
| C&I / Commercial | 16% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 10% |