Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.27% | +0.10 | 2.17% |
| Return on Equity (%) | ▲ | 20.47% | +0.99 | 19.48% |
| Net Interest Margin (%) | ▲ | 4.93% | +0.29 | 4.64% |
| Efficiency Ratio (%) | ▲ | 40.98% | -0.49 | 41.47% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.17 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.13 | 1.61% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +4.01 | $177 |
| Gross Loans ($M) | ▲ | $140 | +9.49 | $130 |
| Loan Growth YoY (%) | ▲ | 88.74% | +3.48 | 85.26% |
| Total Deposits ($M) | ▲ | $156 | +4.65 | $151 |
| Shareholders Equity ($M) | ▲ | $20 | +0.30 | $20 |
| Tang. Book Value ($M) | ▲ | $19 | +0.27 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 88.74% | +3.48 | 85.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.18% | +0.18 | 0.00% |
| Allowance / Loans (%) | — | 1.08% | -0.01% | 1.09% |
| Net Charge-Off Ratio (%) | ▼ | 0.23% | +0.23 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▄▄▁▃▃▄█ | Net Interest Margin (%) | 4.71% | 4.75% | 4.78% | 4.64% | 4.72% | 4.74% | 4.78% | 4.93% |
| ▃█▄▁▆▇██ | Return on Assets (%) | 2.20% | 2.27% | 2.21% | 2.17% | 2.24% | 2.25% | 2.26% | 2.27% |
| ▃▁▆█▃▁▅▇ | Efficiency Ratio (%) | 40.0% | 39.6% | 40.8% | 41.5% | 40.1% | 39.4% | 40.6% | 41.0% |
| ▁▆█▄▃▃▁▁ | Cost of Funds (%) | 1.49% | 1.69% | 1.77% | 1.61% | 1.56% | 1.56% | 1.47% | 1.48% |
| ██▁▁▁▂▆▆ | NPA / Assets (%) | 0.29% | 0.28% | 0.00% | 0.00% | 0.00% | 0.04% | 0.18% | 0.18% |
| ██▁▁▁▂▆▆ | Net Charge-Off Ratio (%) | 0.37% | 0.36% | 0.00% | 0.00% | 0.00% | 0.06% | 0.26% | 0.23% |
| ▁▁▄▃▇▅█▄ | Tang. Book Value ($M) | $18 | $18 | $19 | $19 | $20 | $19 | $20 | $19 |
| ▁▁▁▃▇▇▄█ | Gross Loans ($M) | $127 | $127 | $127 | $130 | $137 | $138 | $133 | $140 |
| ▁▁▄▄▅█▇▆ | Total Deposits ($M) | $138 | $140 | $150 | $151 | $153 | $166 | $161 | $156 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 6% |