Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.37 | 0.92% |
| Return on Equity (%) | ▲ | 10.57% | +2.28 | 8.29% |
| Net Interest Margin (%) | ▲ | 4.45% | +0.41 | 4.04% |
| Efficiency Ratio (%) | ▲ | 64.57% | -7.70 | 72.27% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 0.92% | -0.03 | 0.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $215 | +4.95 | $211 |
| Gross Loans ($M) | ▲ | $177 | +6.39 | $170 |
| Loan Growth YoY (%) | ▲ | 93.69% | +0.75 | 92.94% |
| Total Deposits ($M) | ▲ | $186 | +5.35 | $181 |
| Shareholders Equity ($M) | ▲ | $27 | +3.06 | $24 |
| Tang. Book Value ($M) | ▲ | $26 | +3.16 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 93.69% | +0.75 | 92.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.18 | 0.52% |
| Allowance / Loans (%) | — | 1.13% | -0.03% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.41% | -0.23 | 0.64% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▆▇█ | Net Interest Margin (%) | 3.33% | 3.42% | 3.52% | 4.04% | 4.09% | 4.16% | 4.20% | 4.45% |
| ▁▁▂▅▅▆▆█ | Return on Assets (%) | 0.43% | 0.50% | 0.58% | 0.92% | 0.93% | 0.99% | 1.07% | 1.29% |
| ██▇▃▄▃▃▁ | Efficiency Ratio (%) | 85.4% | 83.1% | 80.5% | 72.3% | 72.4% | 71.4% | 69.8% | 64.6% |
| █▇▄▁▁▂▁▁ | Cost of Funds (%) | 1.24% | 1.19% | 1.05% | 0.95% | 0.94% | 0.97% | 0.91% | 0.92% |
| ██▅▆▃▃▂▁ | NPA / Assets (%) | 0.63% | 0.60% | 0.50% | 0.52% | 0.42% | 0.42% | 0.39% | 0.34% |
| ██▅▅▃▃▂▁ | Net Charge-Off Ratio (%) | 0.79% | 0.75% | 0.63% | 0.64% | 0.53% | 0.52% | 0.49% | 0.41% |
| ▁▂▂▃▄▆▇█ | Tang. Book Value ($M) | $21 | $22 | $22 | $23 | $24 | $24 | $25 | $26 |
| ▁▂▄▅▇▆██ | Gross Loans ($M) | $162 | $164 | $169 | $170 | $174 | $172 | $177 | $177 |
| ▁▂▆▄▇▆█▆ | Total Deposits ($M) | $172 | $177 | $188 | $181 | $190 | $187 | $193 | $186 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 6% |
| Consumer | 4% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 82% |
| Brokered / Other | 2% |