Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.69% | +0.32 | 0.37% |
| Return on Equity (%) | ▲ | 5.04% | +2.32 | 2.72% |
| Net Interest Margin (%) | ▼ | 3.39% | -0.05 | 3.44% |
| Efficiency Ratio (%) | ▲ | 72.11% | -1.66 | 73.77% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 1.83% | -0.09 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +2.35 | $111 |
| Gross Loans ($M) | ▼ | $86 | -6.13 | $92 |
| Loan Growth YoY (%) | ▼ | 98.20% | -8.73 | 106.94% |
| Total Deposits ($M) | ▲ | $87 | +1.40 | $85 |
| Shareholders Equity ($M) | ▲ | $16 | +0.73 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +0.73 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 98.20% | -8.73 | 106.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.20% | -0.08 | 0.28% |
| Allowance / Loans (%) | — | 1.04% | 0.01% | 1.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.27% | -0.07 | 0.34% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 24.78% | +2.23 | 22.55% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▅▇██▄ | Net Interest Margin (%) | 3.33% | 3.29% | 3.31% | 3.44% | 3.49% | 3.54% | 3.53% | 3.39% |
| ▁▁▁▃▄▅▆█ | Return on Assets (%) | 0.23% | 0.23% | 0.25% | 0.37% | 0.43% | 0.50% | 0.54% | 0.69% |
| ██▆▄▁▅▄▁ | Efficiency Ratio (%) | 75.7% | 75.3% | 74.7% | 73.8% | 72.5% | 74.3% | 73.7% | 72.1% |
| ▅██▂▂▂▁▁ | Cost of Funds (%) | 2.02% | 2.18% | 2.15% | 1.91% | 1.88% | 1.88% | 1.84% | 1.83% |
| ▁▄▃▃█▇▁▁ | NPA / Assets (%) | 0.21% | 0.38% | 0.31% | 0.28% | 0.61% | 0.51% | 0.17% | 0.20% |
| ▁▅▃▂█▇▁▁ | Net Charge-Off Ratio (%) | 0.25% | 0.48% | 0.36% | 0.34% | 0.74% | 0.62% | 0.22% | 0.27% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $15 | $15 | $15 | $15 | $15 | $15 | $15 | $16 |
| █▇▇█▆▆▃▁ | Gross Loans ($M) | $93 | $92 | $92 | $92 | $91 | $91 | $88 | $86 |
| ▃▂▁▄▃▅█▆ | Total Deposits ($M) | $85 | $84 | $83 | $85 | $85 | $85 | $88 | $87 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 71% |
| C&I / Commercial | 1% |
| Consumer | 28% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 5% |
| Interest-Bearing (core) | 86% |
| Brokered / Other | 9% |