Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.23 | 0.41% |
| Return on Equity (%) | ▲ | 5.35% | +1.88 | 3.47% |
| Net Interest Margin (%) | ▲ | 4.14% | +0.12 | 4.02% |
| Efficiency Ratio (%) | ▲ | 83.61% | -2.51 | 86.12% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▼ | 1.63% | +0.15 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $245 | +14.44 | $231 |
| Gross Loans ($M) | ▲ | $191 | +13.53 | $177 |
| Loan Growth YoY (%) | ▲ | 88.19% | +1.08 | 87.11% |
| Total Deposits ($M) | ▲ | $214 | +12.85 | $201 |
| Shareholders Equity ($M) | ▲ | $30 | +1.81 | $28 |
| Tang. Book Value ($M) | ▲ | $30 | +1.81 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $31 | +1.68 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 88.19% | +1.08 | 87.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.01% | -0.02 | 0.03% |
| Allowance / Loans (%) | — | 1.16% | -0.07% | 1.23% |
| Net Charge-Off Ratio (%) | ▲ | 0.01% | -0.03 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.75% | -0.45 | 16.20% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▁▂▃▅▆██ | Net Interest Margin (%) | 4.02% | 3.97% | 4.00% | 4.02% | 4.07% | 4.10% | 4.15% | 4.14% |
| ▄▁▂▂▅▆██ | Return on Assets (%) | 0.49% | 0.36% | 0.42% | 0.41% | 0.54% | 0.56% | 0.62% | 0.64% |
| ▆█▇▅▃▂▁▃ | Efficiency Ratio (%) | 88.1% | 90.4% | 89.0% | 86.1% | 84.2% | 83.0% | 81.3% | 83.6% |
| ▆█▆▁▄▆▅▅ | Cost of Funds (%) | 1.64% | 1.73% | 1.67% | 1.49% | 1.59% | 1.65% | 1.61% | 1.63% |
| ▂█▂▃▇▁▁▁ | NPA / Assets (%) | 0.02% | 0.08% | 0.02% | 0.03% | 0.06% | 0.01% | 0.01% | 0.01% |
| ▂█▂▃▇▁▁▁ | Net Charge-Off Ratio (%) | 0.03% | 0.10% | 0.02% | 0.03% | 0.08% | 0.02% | 0.01% | 0.01% |
| ▁▃▁▃▄▇██ | Tang. Book Value ($M) | $27 | $28 | $27 | $28 | $28 | $29 | $29 | $30 |
| ▁▂▃▃▄▆█▇ | Gross Loans ($M) | $171 | $175 | $177 | $177 | $182 | $187 | $195 | $191 |
| ▁▂▄▃▆▆██ | Total Deposits ($M) | $193 | $198 | $205 | $201 | $208 | $210 | $217 | $214 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 24% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 16% |