Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.42% | +0.17 | 0.25% |
| Return on Equity (%) | ▲ | 4.74% | +1.73 | 3.01% |
| Net Interest Margin (%) | ▲ | 2.90% | +0.19 | 2.71% |
| Efficiency Ratio (%) | ▲ | 81.74% | -1.74 | 83.49% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 2.63% | -0.33 | 2.95% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $282 | -14.31 | $296 |
| Gross Loans ($M) | ▼ | $200 | -11.31 | $211 |
| Loan Growth YoY (%) | ▼ | 98.29% | -4.82 | 103.12% |
| Total Deposits ($M) | ▼ | $201 | -1.43 | $203 |
| Shareholders Equity ($M) | ▲ | $25 | +0.56 | $25 |
| Tang. Book Value ($M) | ▲ | $25 | +0.56 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $29 | +0.75 | $28 |
| Loan / Deposit Ratio (%) | ▼ | 98.29% | -4.82 | 103.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.93% | +0.12 | 0.81% |
| Allowance / Loans (%) | — | 0.95% | -0.01% | 0.96% |
| Net Charge-Off Ratio (%) | ▼ | 0.32% | +0.32 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.74% | +1.45 | 13.29% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▆▆▆▇█ | Net Interest Margin (%) | 2.35% | 2.40% | 2.44% | 2.71% | 2.70% | 2.69% | 2.76% | 2.90% |
| ▃▄▁▄▇▇█▇ | Return on Assets (%) | 0.23% | 0.26% | 0.08% | 0.25% | 0.41% | 0.45% | 0.51% | 0.42% |
| ██▆▄▂▂▁▃ | Efficiency Ratio (%) | 90.6% | 89.1% | 86.7% | 83.5% | 79.3% | 79.6% | 77.6% | 81.7% |
| ██▆▅▄▄▆▁ | Cost of Funds (%) | 3.16% | 3.10% | 3.02% | 2.95% | 2.88% | 2.89% | 2.98% | 2.63% |
| ▁▁▁▁█▃▄▅ | NPA / Assets (%) | 0.83% | 0.82% | 0.82% | 0.81% | 1.04% | 0.88% | 0.91% | 0.93% |
| ▁▁▁▁████ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.30% | 0.30% | 0.32% | 0.32% |
| ██▁▁▁▄▅▃ | Tang. Book Value ($M) | $26 | $26 | $25 | $25 | $25 | $25 | $26 | $25 |
| ▅▇▇▇█▆▃▁ | Gross Loans ($M) | $208 | $212 | $213 | $211 | $215 | $211 | $204 | $200 |
| ▁▁▁▄▃█▅▄ | Total Deposits ($M) | $195 | $195 | $194 | $203 | $200 | $214 | $206 | $201 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 14% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 10% |