Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.07% | -0.06 | 0.13% |
| Return on Equity (%) | ▼ | 0.60% | -0.54 | 1.14% |
| Net Interest Margin (%) | ▲ | 2.51% | +0.34 | 2.17% |
| Efficiency Ratio (%) | ▲ | 89.30% | -6.02 | 95.32% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.07 | $0 |
| Cost of Funds (%) | ▲ | 2.04% | -0.27 | 2.31% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $165 | +2.55 | $163 |
| Gross Loans ($M) | ▲ | $116 | +6.35 | $110 |
| Loan Growth YoY (%) | ▲ | 79.14% | +3.64 | 75.50% |
| Total Deposits ($M) | ▲ | $145 | +1.35 | $144 |
| Shareholders Equity ($M) | ▲ | $19 | +0.75 | $18 |
| Tang. Book Value ($M) | ▲ | $19 | +0.75 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 79.14% | +3.64 | 75.50% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.33% | +0.02 | 0.31% |
| Allowance / Loans (%) | — | 1.05% | -0.02% | 1.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.47% | +0.01 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▄▄▅▁▃▆▇█ | Net Interest Margin (%) | 2.34% | 2.34% | 2.36% | 2.17% | 2.26% | 2.40% | 2.43% | 2.51% |
| ▃▃▄▂▆██▁ | Return on Assets (%) | 0.15% | 0.16% | 0.18% | 0.13% | 0.24% | 0.32% | 0.30% | 0.07% |
| ▄▃▂█▃▁▁▄ | Efficiency Ratio (%) | 89.0% | 88.7% | 87.7% | 95.3% | 88.6% | 85.1% | 85.3% | 89.3% |
| ▅██▇▆▃▂▁ | Cost of Funds (%) | 2.23% | 2.39% | 2.36% | 2.31% | 2.27% | 2.14% | 2.11% | 2.04% |
| ▁▁▂▅█▆▇▅ | NPA / Assets (%) | 0.13% | 0.13% | 0.20% | 0.31% | 0.46% | 0.34% | 0.41% | 0.33% |
| ▁▁▃▅█▆▇▅ | Net Charge-Off Ratio (%) | 0.19% | 0.18% | 0.31% | 0.47% | 0.67% | 0.50% | 0.60% | 0.47% |
| ▁▄▂▄▆▇██ | Tang. Book Value ($M) | $18 | $18 | $18 | $18 | $19 | $19 | $19 | $19 |
| ▁▂▂▄▆▅▆█ | Gross Loans ($M) | $106 | $108 | $108 | $110 | $112 | $111 | $112 | $116 |
| ▂▁▆▇█▆██ | Total Deposits ($M) | $138 | $136 | $143 | $144 | $144 | $143 | $145 | $145 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 11% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 11% |