Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.63% | +0.26 | 0.37% |
| Return on Equity (%) | ▲ | 6.99% | +2.58 | 4.41% |
| Net Interest Margin (%) | ▲ | 4.19% | +0.35 | 3.85% |
| Efficiency Ratio (%) | ▲ | 79.43% | -8.83 | 88.26% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.16 | $0 |
| Cost of Funds (%) | ▲ | 0.89% | -0.29 | 1.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $153 | +0.36 | $153 |
| Gross Loans ($M) | ▼ | $117 | -0.78 | $118 |
| Loan Growth YoY (%) | ▼ | 85.83% | -2.50 | 88.33% |
| Total Deposits ($M) | ▲ | $135 | +2.97 | $132 |
| Shareholders Equity ($M) | ▲ | $13 | +1.05 | $12 |
| Tang. Book Value ($M) | ▲ | $13 | +1.10 | $12 |
| Loan / Deposit Ratio (%) | ▼ | 85.83% | -2.50 | 88.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.79% | -0.02% | 0.81% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.95% | +1.98 | 16.97% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▇███ | Net Interest Margin (%) | 3.05% | 3.09% | 3.24% | 3.85% | 3.98% | 4.13% | 4.21% | 4.19% |
| ▁█▂▁▁▂▂▂ | Return on Assets (%) | 0.28% | 1.97% | 0.50% | 0.37% | 0.49% | 0.55% | 0.55% | 0.63% |
| █▁▃██▇▇▆ | Efficiency Ratio (%) | 87.9% | 57.9% | 66.7% | 88.3% | 84.7% | 83.2% | 83.9% | 79.4% |
| ██▇▄▂▁▁▁ | Cost of Funds (%) | 1.54% | 1.49% | 1.46% | 1.19% | 1.03% | 0.97% | 0.91% | 0.89% |
| █▁▁▁▁▁▁▁ | NPA / Assets (%) | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| █▁▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁█▅▅▆▇██ | Tang. Book Value ($M) | $10 | $13 | $12 | $12 | $12 | $12 | $13 | $13 |
| ███▄█▄▁▃ | Gross Loans ($M) | $120 | $119 | $119 | $118 | $119 | $118 | $116 | $117 |
| ▇█▁▆▇▆▂█ | Total Deposits ($M) | $133 | $135 | $123 | $132 | $134 | $132 | $126 | $135 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 72% |
| Brokered / Other | 8% |