Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.06% | +0.49 | 1.57% |
| Return on Equity (%) | ▲ | 15.60% | +1.79 | 13.81% |
| Net Interest Margin (%) | ▲ | 4.47% | +0.51 | 3.96% |
| Efficiency Ratio (%) | ▲ | 55.88% | -5.98 | 61.86% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.16 | $1 |
| Cost of Funds (%) | ▲ | 1.47% | -0.26 | 1.73% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $135 | -1.39 | $137 |
| Gross Loans ($M) | ▲ | $98 | +1.22 | $97 |
| Loan Growth YoY (%) | ▲ | 86.24% | +2.92 | 83.32% |
| Total Deposits ($M) | ▼ | $113 | -2.54 | $115 |
| Shareholders Equity ($M) | ▲ | $18 | +2.35 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +2.35 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +2.29 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 86.24% | +2.92 | 83.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.09% | +0.04 | 0.05% |
| Allowance / Loans (%) | — | 1.11% | 0.03% | 1.08% |
| Net Charge-Off Ratio (%) | ▼ | 0.13% | +0.06 | 0.07% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▅▆▆█ | Net Interest Margin (%) | 3.50% | 3.60% | 3.72% | 3.96% | 4.09% | 4.18% | 4.22% | 4.47% |
| ▁▁▁▄▅▆▆█ | Return on Assets (%) | 1.22% | 1.25% | 1.28% | 1.57% | 1.71% | 1.77% | 1.83% | 2.06% |
| ██▆▄▃▂▂▁ | Efficiency Ratio (%) | 69.0% | 68.3% | 64.4% | 61.9% | 59.8% | 58.6% | 58.0% | 55.9% |
| █▇█▆▇▆▅▁ | Cost of Funds (%) | 1.83% | 1.78% | 1.81% | 1.73% | 1.77% | 1.70% | 1.66% | 1.47% |
| ▄▃▂▂▂▁▁█ | NPA / Assets (%) | 0.06% | 0.06% | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.09% |
| ▄▃▂▂▁▁▁█ | Net Charge-Off Ratio (%) | 0.09% | 0.08% | 0.07% | 0.07% | 0.06% | 0.06% | 0.06% | 0.13% |
| ▁▄▁▂▃▆██ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $16 | $17 | $18 | $18 |
| ▁▃▆▆▇█▆▇ | Gross Loans ($M) | $88 | $92 | $98 | $97 | $99 | $101 | $98 | $98 |
| ▁▅█▇▄▇█▅ | Total Deposits ($M) | $107 | $113 | $117 | $115 | $112 | $116 | $116 | $113 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 10% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 20% |