Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.73% | +0.16 | 0.56% |
| Return on Equity (%) | ▲ | 9.34% | +2.06 | 7.28% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.20 | 4.19% |
| Efficiency Ratio (%) | ▲ | 74.26% | -4.30 | 78.57% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.19 | $0 |
| Cost of Funds (%) | ▲ | 2.18% | -0.19 | 2.37% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $200 | +23.45 | $176 |
| Gross Loans ($M) | ▲ | $156 | +25.67 | $131 |
| Loan Growth YoY (%) | ▲ | 84.43% | +4.58 | 79.84% |
| Total Deposits ($M) | ▲ | $183 | +21.13 | $162 |
| Shareholders Equity ($M) | ▲ | $15 | +1.83 | $14 |
| Tang. Book Value ($M) | ▲ | $15 | +1.83 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 84.43% | +4.58 | 79.84% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.05% | -1.30 | 1.35% |
| Allowance / Loans (%) | — | 1.13% | 0.10% | 1.03% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -1.76 | 1.83% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.58% | -0.36 | 9.93% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇▇▇▁▆▇█▄ | Net Interest Margin (%) | 4.54% | 4.51% | 4.51% | 4.19% | 4.46% | 4.51% | 4.59% | 4.39% |
| ▁▃▅▂▅▆██ | Return on Assets (%) | 0.51% | 0.57% | 0.62% | 0.56% | 0.64% | 0.67% | 0.70% | 0.73% |
| █▆▄█▅▃▁▁ | Efficiency Ratio (%) | 78.1% | 76.9% | 76.2% | 78.6% | 76.4% | 75.8% | 74.1% | 74.3% |
| ▇██▄▁▁▂▁ | Cost of Funds (%) | 2.57% | 2.69% | 2.64% | 2.37% | 2.24% | 2.18% | 2.25% | 2.18% |
| ▁▁▇█▂▁▁▁ | NPA / Assets (%) | 0.07% | 0.18% | 1.19% | 1.35% | 0.22% | 0.21% | 0.20% | 0.05% |
| ▁▁▇█▁▁▁▁ | Net Charge-Off Ratio (%) | 0.09% | 0.24% | 1.60% | 1.83% | 0.03% | 0.03% | 0.03% | 0.07% |
| ▁▃▂▃▄▆██ | Tang. Book Value ($M) | $13 | $13 | $13 | $14 | $14 | $15 | $15 | $15 |
| ▁▂▁▂▄▅██ | Gross Loans ($M) | $126 | $132 | $127 | $131 | $139 | $144 | $154 | $156 |
| ▁▂▁▃▄▆▅█ | Total Deposits ($M) | $153 | $158 | $157 | $162 | $167 | $174 | $170 | $183 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 10% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 14% |