Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.50% | +0.22 | 0.27% |
| Return on Equity (%) | ▲ | 8.57% | +3.06 | 5.51% |
| Net Interest Margin (%) | ▲ | 2.92% | +0.43 | 2.49% |
| Efficiency Ratio (%) | ▲ | 76.35% | -10.76 | 87.10% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.09 | $0 |
| Cost of Funds (%) | ▲ | 1.33% | -0.05 | 1.38% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $113 | +9.22 | $103 |
| Gross Loans ($M) | ▲ | $42 | +1.04 | $41 |
| Loan Growth YoY (%) | ▼ | 39.46% | -2.21 | 41.67% |
| Total Deposits ($M) | ▲ | $106 | +8.13 | $98 |
| Shareholders Equity ($M) | ▲ | $6 | +1.05 | $5 |
| Tang. Book Value ($M) | ▲ | $6 | +1.05 | $5 |
| TBV excl. AOCI ($M)** | ▲ | $9 | +1.12 | $8 |
| Loan / Deposit Ratio (%) | ▼ | 39.46% | -2.21 | 41.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.95% | -0.02% | 0.98% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.14% | +0.49 | 17.65% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▆█ | Net Interest Margin (%) | 2.30% | 2.37% | 2.43% | 2.49% | 2.61% | 2.66% | 2.73% | 2.92% |
| ▁▁▂▂▆▅▇█ | Return on Assets (%) | 0.22% | 0.23% | 0.26% | 0.27% | 0.40% | 0.38% | 0.45% | 0.50% |
| ██▇▇▃▄▂▁ | Efficiency Ratio (%) | 89.9% | 88.9% | 87.8% | 87.1% | 80.8% | 81.9% | 79.2% | 76.3% |
| ▃▁▁▅▅▅█▂ | Cost of Funds (%) | 1.34% | 1.30% | 1.31% | 1.38% | 1.37% | 1.38% | 1.45% | 1.33% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▅▂▄▆▇██ | Tang. Book Value ($M) | $4 | $6 | $5 | $5 | $6 | $6 | $6 | $6 |
| ▂▄▄▁▆▄▅█ | Gross Loans ($M) | $41 | $42 | $42 | $41 | $42 | $42 | $42 | $42 |
| ▁▄▄▃▃█▇█ | Total Deposits ($M) | $93 | $98 | $99 | $98 | $98 | $105 | $103 | $106 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 5% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 13% |