Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 3.13% | +0.30 | 2.83% |
| Return on Equity (%) | ▲ | 27.17% | +0.92 | 26.25% |
| Net Interest Margin (%) | ▲ | 5.41% | +0.13 | 5.27% |
| Efficiency Ratio (%) | ▲ | 38.31% | -4.40 | 42.71% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.21 | $2 |
| Cost of Funds (%) | ▲ | 1.69% | -0.22 | 1.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $231 | +2.05 | $229 |
| Gross Loans ($M) | ▲ | $194 | +12.55 | $181 |
| Loan Growth YoY (%) | ▲ | 101.22% | +6.28 | 94.94% |
| Total Deposits ($M) | ▲ | $189 | +0.70 | $189 |
| Shareholders Equity ($M) | ▲ | $27 | +2.15 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +2.15 | $25 |
| Loan / Deposit Ratio (%) | ▲ | 101.22% | +6.28 | 94.94% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.30 | 0.37% |
| Allowance / Loans (%) | — | 1.03% | -0.07% | 1.10% |
| Net Charge-Off Ratio (%) | ▼ | 0.80% | +0.33 | 0.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 17.71% | +0.29 | 17.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▅▆▇█▇ | Net Interest Margin (%) | 4.85% | 5.02% | 5.05% | 5.27% | 5.31% | 5.44% | 5.53% | 5.41% |
| ▁▁▁▅▆▅▄█ | Return on Assets (%) | 2.35% | 2.38% | 2.37% | 2.83% | 2.87% | 2.77% | 2.68% | 3.13% |
| ▇██▃▃▆▇▁ | Efficiency Ratio (%) | 48.7% | 49.7% | 50.1% | 42.7% | 42.7% | 46.0% | 48.4% | 38.3% |
| ▆█▇▇▇▃▁▁ | Cost of Funds (%) | 1.90% | 1.97% | 1.92% | 1.91% | 1.91% | 1.78% | 1.68% | 1.69% |
| ▄▂█▁▃▅▂▇ | NPA / Assets (%) | 0.53% | 0.47% | 0.76% | 0.37% | 0.50% | 0.59% | 0.46% | 0.67% |
| ▄▂█▁▃▄▁▆ | Net Charge-Off Ratio (%) | 0.66% | 0.55% | 0.94% | 0.47% | 0.61% | 0.70% | 0.53% | 0.80% |
| ▁▃▃▄▆▇▇█ | Tang. Book Value ($M) | $23 | $24 | $24 | $25 | $26 | $26 | $26 | $27 |
| ▁▁▂▃▄▇██ | Gross Loans ($M) | $174 | $176 | $178 | $181 | $184 | $191 | $196 | $194 |
| ▁▁▄███▆█ | Total Deposits ($M) | $174 | $174 | $182 | $189 | $188 | $190 | $185 | $189 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 3% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 57% |
| Brokered / Other | 16% |