Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.04 | 0.67% |
| Return on Equity (%) | ▲ | 8.48% | +0.69 | 7.79% |
| Net Interest Margin (%) | ▼ | 3.51% | -0.00 | 3.51% |
| Efficiency Ratio (%) | ▲ | 74.89% | -3.49 | 78.38% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▼ | 1.85% | +0.13 | 1.72% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $185 | +18.84 | $167 |
| Gross Loans ($M) | ▲ | $157 | +17.78 | $139 |
| Loan Growth YoY (%) | ▲ | 93.19% | +0.36 | 92.83% |
| Total Deposits ($M) | ▲ | $167 | +18.41 | $149 |
| Shareholders Equity ($M) | ▲ | $15 | +1.25 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.25 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 93.19% | +0.36 | 92.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.71% | +0.12 | 0.59% |
| Allowance / Loans (%) | — | 0.78% | -0.04% | 0.82% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.18 | 0.66% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▅▃▅▆█▂ | Net Interest Margin (%) | 3.47% | 3.51% | 3.56% | 3.51% | 3.55% | 3.57% | 3.61% | 3.51% |
| ▁▃▃██▇▇█ | Return on Assets (%) | -0.05% | 0.20% | 0.18% | 0.67% | 0.62% | 0.56% | 0.54% | 0.71% |
| █▆▆▂▂▁▁▁ | Efficiency Ratio (%) | 101.2% | 92.3% | 92.8% | 78.4% | 80.6% | 77.1% | 78.2% | 74.9% |
| ▂▁▃▄▆▆█▇ | Cost of Funds (%) | 1.63% | 1.58% | 1.68% | 1.72% | 1.78% | 1.79% | 1.90% | 1.85% |
| ▇▃▃▄▁▁█▆ | NPA / Assets (%) | 0.82% | 0.55% | 0.55% | 0.59% | 0.39% | 0.45% | 0.89% | 0.71% |
| █▃▃▃▁▁█▆ | Net Charge-Off Ratio (%) | 0.95% | 0.65% | 0.63% | 0.66% | 0.47% | 0.53% | 0.99% | 0.84% |
| ▁▃▂▃▄▆▇█ | Tang. Book Value ($M) | $13 | $14 | $14 | $14 | $14 | $15 | $15 | $15 |
| ▁▁▂▂▄▇██ | Gross Loans ($M) | $133 | $135 | $138 | $139 | $143 | $152 | $157 | $157 |
| ▁▂▁▄▅▆▇█ | Total Deposits ($M) | $137 | $141 | $137 | $149 | $152 | $159 | $162 | $167 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 2% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 9% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 19% |