Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.24% | +0.41 | 1.83% |
| Return on Equity (%) | ▲ | 22.56% | +4.44 | 18.12% |
| Net Interest Margin (%) | ▼ | 3.74% | -0.19 | 3.93% |
| Efficiency Ratio (%) | ▼ | 39.70% | +5.03 | 34.67% |
| Pre-Provision Profit ($M) | ▼ | $2 | -0.23 | $2 |
| Cost of Funds (%) | ▼ | 1.56% | +0.35 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $409 | +19.75 | $389 |
| Gross Loans ($M) | ▲ | $341 | +32.31 | $308 |
| Loan Growth YoY (%) | ▲ | 92.38% | +4.79 | 87.59% |
| Total Deposits ($M) | ▲ | $365 | +16.88 | $348 |
| Shareholders Equity ($M) | ▲ | $40 | +0.63 | $39 |
| Tang. Book Value ($M) | ▲ | $40 | +0.63 | $39 |
| Loan / Deposit Ratio (%) | ▲ | 92.38% | +4.79 | 87.59% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.05% | -0.10% | 1.16% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.01% | +0.48 | 17.53% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▇▇█▁ | Net Interest Margin (%) | 3.74% | 3.75% | 3.80% | 3.93% | 4.03% | 4.02% | 4.07% | 3.74% |
| ▁▂▁▅▅▄▃█ | Return on Assets (%) | 1.49% | 1.52% | 1.39% | 1.83% | 1.81% | 1.76% | 1.69% | 2.24% |
| ▆▅█▁▂▃▄▃ | Efficiency Ratio (%) | 44.7% | 43.7% | 49.2% | 34.7% | 37.0% | 38.7% | 41.2% | 39.7% |
| █▇▄▁▁▁▁█ | Cost of Funds (%) | 1.54% | 1.50% | 1.36% | 1.20% | 1.21% | 1.22% | 1.22% | 1.56% |
| █▇▆▄▃▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ██▆▄▃▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▅▇▁▃▆█▁▄ | Tang. Book Value ($M) | $40 | $42 | $38 | $39 | $41 | $43 | $38 | $40 |
| ▁▁▂▁▂▂▅█ | Gross Loans ($M) | $308 | $307 | $312 | $308 | $314 | $315 | $326 | $341 |
| ▁▂▄▆▂▄▄█ | Total Deposits ($M) | $313 | $321 | $335 | $348 | $325 | $336 | $336 | $365 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 40% |
| Interest-Bearing (core) | 55% |
| Brokered / Other | 5% |