Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.05% | +0.67 | 0.38% |
| Return on Equity (%) | ▲ | 12.71% | +7.84 | 4.87% |
| Net Interest Margin (%) | ▲ | 4.63% | +0.82 | 3.81% |
| Efficiency Ratio (%) | ▲ | 69.09% | -8.44 | 77.53% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.19 | $0 |
| Cost of Funds (%) | ▲ | 1.08% | -0.35 | 1.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $122 | +8.07 | $114 |
| Gross Loans ($M) | ▲ | $87 | +7.63 | $79 |
| Loan Growth YoY (%) | ▲ | 77.30% | +1.97 | 75.33% |
| Total Deposits ($M) | ▲ | $111 | +7.02 | $104 |
| Shareholders Equity ($M) | ▲ | $10 | +0.99 | $9 |
| Tang. Book Value ($M) | ▲ | $10 | +0.99 | $9 |
| Loan / Deposit Ratio (%) | ▲ | 77.30% | +1.97 | 75.33% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.50% | +0.05 | 0.46% |
| Allowance / Loans (%) | — | 1.02% | 0.09% | 0.93% |
| Net Charge-Off Ratio (%) | ▼ | 0.70% | +0.05 | 0.65% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.35% | +0.01 | 14.34% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▆█ | Net Interest Margin (%) | 3.32% | 3.42% | 3.46% | 3.81% | 3.95% | 4.11% | 4.24% | 4.63% |
| ▁▁▂▃▄▆▇█ | Return on Assets (%) | 0.11% | 0.21% | 0.28% | 0.38% | 0.54% | 0.72% | 0.83% | 1.05% |
| ██▇▃▃▂▂▁ | Efficiency Ratio (%) | 93.5% | 90.9% | 89.8% | 77.5% | 78.1% | 74.7% | 74.0% | 69.1% |
| ███▆▅▃▁▁ | Cost of Funds (%) | 1.59% | 1.63% | 1.64% | 1.43% | 1.36% | 1.24% | 1.13% | 1.08% |
| ▇█▇▁▁▁▁▂ | NPA / Assets (%) | 0.85% | 0.93% | 0.85% | 0.46% | 0.44% | 0.42% | 0.40% | 0.50% |
| ██▇▂▁▁▁▂ | Net Charge-Off Ratio (%) | 1.25% | 1.33% | 1.18% | 0.65% | 0.62% | 0.57% | 0.54% | 0.70% |
| ▁▃▂▃▅▇██ | Tang. Book Value ($M) | $8 | $9 | $9 | $9 | $9 | $10 | $10 | $10 |
| ▁▂▃▃▄▆▇█ | Gross Loans ($M) | $75 | $78 | $79 | $79 | $81 | $83 | $85 | $87 |
| ▂▁▁▄▄▃▄█ | Total Deposits ($M) | $101 | $99 | $100 | $104 | $105 | $103 | $105 | $111 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 7% |
| Consumer | 13% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 70% |
| Brokered / Other | 4% |