Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.55% | +0.22 | 0.33% |
| Return on Equity (%) | ▲ | 6.19% | +2.10 | 4.09% |
| Net Interest Margin (%) | ▲ | 3.65% | +0.29 | 3.36% |
| Efficiency Ratio (%) | ▲ | 80.36% | -7.49 | 87.85% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.29 | $0 |
| Cost of Funds (%) | ▲ | 0.77% | -0.16 | 0.93% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $337 | +10.64 | $327 |
| Gross Loans ($M) | ▲ | $211 | +5.74 | $205 |
| Loan Growth YoY (%) | ▲ | 68.58% | +0.10 | 68.48% |
| Total Deposits ($M) | ▲ | $305 | +7.84 | $297 |
| Shareholders Equity ($M) | ▲ | $30 | +3.08 | $27 |
| Tang. Book Value ($M) | ▲ | $30 | +3.08 | $27 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +2.26 | $30 |
| Loan / Deposit Ratio (%) | ▲ | 68.58% | +0.10 | 68.48% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.08% | +0.00 | 0.08% |
| Allowance / Loans (%) | — | 0.86% | 0.01% | 0.86% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.01 | 0.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.39% | -0.22 | 17.61% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▄▆▇█ | Net Interest Margin (%) | 3.64% | 3.59% | 3.55% | 3.36% | 3.49% | 3.54% | 3.59% | 3.65% |
| ██▇▁▂▃▃▆ | Return on Assets (%) | 0.67% | 0.65% | 0.59% | 0.33% | 0.40% | 0.42% | 0.45% | 0.55% |
| ▁▁▂█▆▆▅▃ | Efficiency Ratio (%) | 76.2% | 76.6% | 77.8% | 87.8% | 84.4% | 83.9% | 83.2% | 80.4% |
| ▁▄██▇▇▇▃ | Cost of Funds (%) | 0.68% | 0.79% | 0.93% | 0.93% | 0.89% | 0.89% | 0.90% | 0.77% |
| ▂▁▃▂▁▁█▃ | NPA / Assets (%) | 0.08% | 0.07% | 0.08% | 0.08% | 0.07% | 0.07% | 0.12% | 0.08% |
| ▂▁▃▂▁▁█▃ | Net Charge-Off Ratio (%) | 0.12% | 0.11% | 0.13% | 0.13% | 0.11% | 0.11% | 0.19% | 0.13% |
| ▁▄▂▄▅▇██ | Tang. Book Value ($M) | $24 | $27 | $26 | $27 | $28 | $29 | $30 | $30 |
| ▁▂▅▅████ | Gross Loans ($M) | $197 | $200 | $206 | $205 | $210 | $210 | $212 | $211 |
| ▂▁▃▅▄▅▇█ | Total Deposits ($M) | $291 | $289 | $294 | $297 | $296 | $297 | $302 | $305 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 96% |
| C&I / Commercial | 3% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 12% |
| Interest-Bearing (core) | 84% |
| Brokered / Other | 3% |