Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.99% | +0.34 | 0.65% |
| Return on Equity (%) | ▲ | 6.72% | +2.36 | 4.36% |
| Net Interest Margin (%) | ▲ | 3.55% | +0.32 | 3.23% |
| Efficiency Ratio (%) | ▲ | 61.55% | -9.34 | 70.89% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.24 | $0 |
| Cost of Funds (%) | ▲ | 2.30% | -0.08 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $201 | +13.41 | $187 |
| Gross Loans ($M) | ▲ | $182 | +12.37 | $169 |
| Loan Growth YoY (%) | ▲ | 120.60% | +5.56 | 115.04% |
| Total Deposits ($M) | ▲ | $149 | +3.52 | $146 |
| Shareholders Equity ($M) | ▲ | $30 | +1.85 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +1.85 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 120.60% | +5.56 | 115.04% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.41% | -0.00 | 1.41% |
| Allowance / Loans (%) | — | 0.70% | -0.04% | 0.74% |
| Net Charge-Off Ratio (%) | ▼ | 1.41% | +0.05 | 1.36% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 22.44% | -0.66 | 23.11% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▃▅▅█ | Net Interest Margin (%) | 3.10% | 3.12% | 3.13% | 3.23% | 3.25% | 3.33% | 3.38% | 3.55% |
| ▁▁▂▂▅▇▆█ | Return on Assets (%) | 0.56% | 0.60% | 0.65% | 0.65% | 0.78% | 0.91% | 0.87% | 0.99% |
| ██▇▆▄▃▄▁ | Efficiency Ratio (%) | 75.3% | 74.0% | 73.4% | 70.9% | 67.5% | 65.4% | 67.2% | 61.6% |
| ▁▄█▅▅▂▃▂ | Cost of Funds (%) | 2.25% | 2.34% | 2.48% | 2.37% | 2.37% | 2.30% | 2.31% | 2.30% |
| ▂▄▃▄█▅▁▄ | NPA / Assets (%) | 1.32% | 1.45% | 1.35% | 1.41% | 1.68% | 1.48% | 1.24% | 1.41% |
| ▃▅▂▃█▅▁▄ | Net Charge-Off Ratio (%) | 1.36% | 1.51% | 1.34% | 1.36% | 1.68% | 1.49% | 1.24% | 1.41% |
| ▁▁▂▃▄▆▇█ | Tang. Book Value ($M) | $27 | $27 | $28 | $28 | $28 | $29 | $29 | $30 |
| ▁▂▂▂▃▇██ | Gross Loans ($M) | $165 | $168 | $169 | $169 | $171 | $178 | $181 | $182 |
| ▁▃▄▆▇▆▇█ | Total Deposits ($M) | $137 | $140 | $143 | $146 | $147 | $146 | $147 | $149 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 19% |