Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.61% | +0.10 | 0.51% |
| Return on Equity (%) | ▲ | 3.85% | +0.47 | 3.38% |
| Net Interest Margin (%) | ▲ | 4.26% | +0.15 | 4.11% |
| Efficiency Ratio (%) | ▲ | 81.22% | -2.19 | 83.41% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 0.76% | -0.03 | 0.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $199 | +0.81 | $198 |
| Gross Loans ($M) | ▲ | $133 | +6.87 | $126 |
| Loan Growth YoY (%) | ▲ | 81.87% | +5.42 | 76.45% |
| Total Deposits ($M) | ▼ | $161 | -2.53 | $164 |
| Shareholders Equity ($M) | ▲ | $32 | +2.02 | $30 |
| Tang. Book Value ($M) | ▲ | $26 | +2.42 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +2.25 | $26 |
| Loan / Deposit Ratio (%) | ▲ | 81.87% | +5.42 | 76.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.58% | +0.03 | 0.55% |
| Allowance / Loans (%) | — | 0.84% | -0.00% | 0.84% |
| Net Charge-Off Ratio (%) | ▲ | 0.73% | -0.14 | 0.87% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 25.03% | +1.41 | 23.62% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▁▁▅▇▅█ | Net Interest Margin (%) | 4.15% | 4.15% | 4.12% | 4.11% | 4.20% | 4.23% | 4.19% | 4.26% |
| ▂▁▁▄▆▇██ | Return on Assets (%) | 0.45% | 0.43% | 0.42% | 0.51% | 0.54% | 0.57% | 0.60% | 0.61% |
| ▇██▆▁▁▁▁ | Efficiency Ratio (%) | 84.2% | 84.9% | 84.9% | 83.4% | 81.0% | 81.2% | 80.8% | 81.2% |
| ▃▁█▃▁▁█▂ | Cost of Funds (%) | 0.79% | 0.75% | 0.90% | 0.79% | 0.73% | 0.74% | 0.90% | 0.76% |
| ▁▅▃█▂▄██ | NPA / Assets (%) | 0.26% | 0.45% | 0.35% | 0.55% | 0.34% | 0.41% | 0.57% | 0.58% |
| ▁▆▃█▁▃▆▆ | Net Charge-Off Ratio (%) | 0.41% | 0.70% | 0.55% | 0.87% | 0.43% | 0.53% | 0.74% | 0.73% |
| ▁▄▁▂▃▆▇█ | Tang. Book Value ($M) | $23 | $24 | $24 | $24 | $24 | $25 | $26 | $26 |
| ▁▁▂▂▃▇██ | Gross Loans ($M) | $124 | $125 | $126 | $126 | $127 | $133 | $134 | $133 |
| ▁▇██▆▁▆▆ | Total Deposits ($M) | $157 | $163 | $163 | $164 | $162 | $157 | $161 | $161 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 5% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 85% |
| Brokered / Other | 4% |