Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.71% | +0.22 | 0.49% |
| Return on Equity (%) | ▲ | 12.36% | +0.94 | 11.42% |
| Net Interest Margin (%) | ▲ | 3.82% | +0.25 | 3.58% |
| Efficiency Ratio (%) | ▲ | 77.72% | -7.17 | 84.89% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.18 | $0 |
| Cost of Funds (%) | ▲ | 1.33% | -0.04 | 1.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $196 | +4.64 | $191 |
| Gross Loans ($M) | ▲ | $129 | +10.90 | $118 |
| Loan Growth YoY (%) | ▲ | 69.03% | +5.20 | 63.83% |
| Total Deposits ($M) | ▲ | $184 | +1.90 | $182 |
| Shareholders Equity ($M) | ▲ | $11 | +2.63 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +2.63 | $9 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +2.74 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 69.03% | +5.20 | 63.83% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.02 | 0.05% |
| Allowance / Loans (%) | — | 1.64% | -0.06% | 1.70% |
| Net Charge-Off Ratio (%) | ▲ | 0.05% | -0.04 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.44% | +0.86 | 13.58% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▄▅▅█ | Net Interest Margin (%) | 3.52% | 3.49% | 3.49% | 3.58% | 3.64% | 3.66% | 3.66% | 3.82% |
| ▁▁▁▄▄▄▅█ | Return on Assets (%) | 0.30% | 0.30% | 0.31% | 0.49% | 0.48% | 0.49% | 0.54% | 0.71% |
| ▇██▅▅▅▅▁ | Efficiency Ratio (%) | 87.7% | 89.2% | 89.7% | 84.9% | 84.9% | 84.6% | 83.7% | 77.7% |
| ▁▁▃▄██▅▂ | Cost of Funds (%) | 1.30% | 1.31% | 1.34% | 1.37% | 1.45% | 1.46% | 1.39% | 1.33% |
| ▁▁▁█▅▁▅▅ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.05% | 0.03% | 0.00% | 0.03% | 0.03% |
| ▁▁▁█▅▁▅▅ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.09% | 0.04% | 0.00% | 0.05% | 0.05% |
| ▁▅▂▄▅▇██ | Tang. Book Value ($M) | $7 | $9 | $7 | $9 | $10 | $11 | $11 | $11 |
| ▁▂▄▅▄▅▇█ | Gross Loans ($M) | $103 | $108 | $116 | $118 | $116 | $119 | $124 | $129 |
| ▁▁▄▇▆▆██ | Total Deposits ($M) | $152 | $156 | $169 | $182 | $177 | $178 | $188 | $184 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 14% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 59% |
| Brokered / Other | 14% |