Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.93% | +0.52 | 0.41% |
| Return on Equity (%) | ▲ | 4.24% | +2.26 | 1.98% |
| Net Interest Margin (%) | ▲ | 3.60% | +0.03 | 3.57% |
| Efficiency Ratio (%) | ▼ | 71.42% | +1.15 | 70.27% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.22% | -0.11 | 1.33% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $132 | -2.05 | $134 |
| Gross Loans ($M) | ▼ | $94 | -4.19 | $98 |
| Loan Growth YoY (%) | ▼ | 91.72% | -1.09 | 92.81% |
| Total Deposits ($M) | ▼ | $101 | -3.32 | $105 |
| Shareholders Equity ($M) | ▲ | $29 | +1.27 | $28 |
| Tang. Book Value ($M) | ▲ | $29 | +1.30 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 91.72% | -1.09 | 92.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.34% | -0.09 | 0.43% |
| Allowance / Loans (%) | — | 1.44% | 0.06% | 1.38% |
| Net Charge-Off Ratio (%) | ▲ | 0.48% | -0.11 | 0.59% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▇▁▄▅▄▂ | Net Interest Margin (%) | 3.69% | 3.70% | 3.68% | 3.57% | 3.64% | 3.65% | 3.64% | 3.60% |
| ▁▅▅▁▅▆▇█ | Return on Assets (%) | 0.44% | 0.70% | 0.71% | 0.41% | 0.70% | 0.75% | 0.82% | 0.93% |
| █▅▄▂▂▁▁▂ | Efficiency Ratio (%) | 84.9% | 77.1% | 76.0% | 70.3% | 70.0% | 67.6% | 67.8% | 71.4% |
| ▇█▇▅▆▅▆▁ | Cost of Funds (%) | 1.40% | 1.43% | 1.38% | 1.33% | 1.36% | 1.34% | 1.35% | 1.22% |
| ▁▅█▅▄▄▄▄ | NPA / Assets (%) | 0.06% | 0.42% | 0.76% | 0.43% | 0.34% | 0.34% | 0.38% | 0.34% |
| ▁▄█▅▄▄▄▄ | Net Charge-Off Ratio (%) | 0.08% | 0.57% | 1.08% | 0.59% | 0.47% | 0.47% | 0.53% | 0.48% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $27 | $27 | $27 | $28 | $28 | $28 | $29 | $29 |
| █▆▂▄▃▃▁▁ | Gross Loans ($M) | $104 | $100 | $97 | $98 | $98 | $97 | $95 | $94 |
| ▆▆█▅▄▄▃▁ | Total Deposits ($M) | $106 | $106 | $108 | $105 | $104 | $104 | $103 | $101 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 92% |
| C&I / Commercial | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 17% |