Quarterly Snapshot
| Metric | Q4'25 | YoY Δ | Q4'24 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.67% | +0.17 | 0.50% |
| Return on Equity (%) | ▲ | 9.32% | +1.55 | 7.77% |
| Net Interest Margin (%) | ▲ | 2.94% | +0.29 | 2.65% |
| Efficiency Ratio (%) | ▲ | 71.24% | -3.12 | 74.36% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.46 | $1 |
| Cost of Funds (%) | ▲ | 1.72% | -0.28 | 2.00% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $657 | +11.37 | $646 |
| Gross Loans ($M) | ▲ | $476 | +26.85 | $449 |
| Loan Growth YoY (%) | ▲ | 80.72% | +3.06 | 77.65% |
| Total Deposits ($M) | ▲ | $581 | +11.73 | $569 |
| Shareholders Equity ($M) | ▲ | $52 | +9.39 | $42 |
| Tang. Book Value ($M) | ▲ | $52 | +9.40 | $42 |
| TBV excl. AOCI ($M)** | ▲ | $59 | +8.95 | $50 |
| Loan / Deposit Ratio (%) | ▲ | 80.72% | +3.06 | 77.65% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.01 | 0.00% |
| Allowance / Loans (%) | — | 1.44% | -0.10% | 1.54% |
| Net Charge-Off Ratio (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.70% | +0.64 | 14.07% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q1'24 | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▁▁▇▇██ | Net Interest Margin (%) | 2.74% | 2.68% | 2.63% | 2.65% | 2.87% | 2.90% | 2.91% | 2.94% |
| ▅▂▁▁▅▆▇█ | Return on Assets (%) | 0.59% | 0.52% | 0.48% | 0.50% | 0.58% | 0.61% | 0.63% | 0.67% |
| ▁▆███▆▅▃ | Efficiency Ratio (%) | 69.7% | 73.0% | 74.8% | 74.4% | 74.3% | 73.5% | 72.7% | 71.2% |
| ▇██▅▂▃▃▁ | Cost of Funds (%) | 2.09% | 2.19% | 2.16% | 2.00% | 1.82% | 1.87% | 1.86% | 1.72% |
| ███▁▁▁▁▇ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% |
| ███▁▁▁▁▇ | Net Charge-Off Ratio (%) | 0.03% | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| ▁▁▄▂▃▄▆█ | Tang. Book Value ($M) | $39 | $41 | $46 | $42 | $44 | $45 | $49 | $52 |
| ▁▁▂▂▁▂▄█ | Gross Loans ($M) | $444 | $443 | $449 | $449 | $447 | $449 | $456 | $476 |
| █▁▁▁█▁▂▄ | Total Deposits ($M) | $595 | $568 | $567 | $569 | $595 | $570 | $574 | $581 |
Portfolio Composition — Q4'25
| Loan Mix | % |
|---|---|
| Real Estate | 91% |
| C&I / Commercial | 6% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 26% |
| Interest-Bearing (core) | 63% |
| Brokered / Other | 11% |