Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.31% | +0.07 | 0.25% |
| Return on Equity (%) | ▲ | 2.20% | +0.71 | 1.49% |
| Net Interest Margin (%) | ▲ | 3.50% | +0.18 | 3.33% |
| Efficiency Ratio (%) | ▲ | 89.62% | -2.77 | 92.39% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▼ | 2.18% | +0.14 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $111 | +19.11 | $92 |
| Gross Loans ($M) | ▲ | $92 | +14.21 | $78 |
| Loan Growth YoY (%) | ▲ | 109.67% | +2.76 | 106.90% |
| Total Deposits ($M) | ▲ | $84 | +11.07 | $72 |
| Shareholders Equity ($M) | ▲ | $16 | +0.51 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +0.53 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 109.67% | +2.76 | 106.90% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.09% | -0.11 | 0.19% |
| Allowance / Loans (%) | — | 0.47% | 0.01% | 0.47% |
| Net Charge-Off Ratio (%) | ▲ | 0.10% | -0.13 | 0.23% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▃▆██▇ | Net Interest Margin (%) | 3.27% | 3.25% | 3.22% | 3.33% | 3.44% | 3.52% | 3.56% | 3.50% |
| ▅▁▂▇███▇ | Return on Assets (%) | 0.03% | -0.54% | -0.40% | 0.25% | 0.44% | 0.42% | 0.42% | 0.31% |
| ▄██▂▁▁▁▂ | Efficiency Ratio (%) | 100.3% | 122.3% | 127.1% | 92.4% | 84.3% | 84.0% | 85.2% | 89.6% |
| ▁▅▆▂▂█▇▅ | Cost of Funds (%) | 1.97% | 2.18% | 2.22% | 2.04% | 2.04% | 2.34% | 2.26% | 2.18% |
| ▂▃█▃▂▁▁▁ | NPA / Assets (%) | 0.14% | 0.21% | 0.44% | 0.19% | 0.15% | 0.09% | 0.09% | 0.09% |
| ▂▃█▃▂▁▁▁ | Net Charge-Off Ratio (%) | 0.17% | 0.25% | 0.53% | 0.23% | 0.18% | 0.11% | 0.11% | 0.10% |
| ▅▁▁▂▄▆▇█ | Tang. Book Value ($M) | $16 | $15 | $15 | $15 | $15 | $16 | $16 | $16 |
| ▁▁▁▁██▇▇ | Gross Loans ($M) | $78 | $77 | $77 | $78 | $96 | $95 | $93 | $92 |
| ▁▁▁▁██▇█ | Total Deposits ($M) | $73 | $74 | $73 | $72 | $84 | $84 | $83 | $84 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 8% |
| Consumer | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 18% |