Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 2.28% | -0.11 | 2.39% |
| Return on Equity (%) | ▲ | 17.63% | +1.30 | 16.33% |
| Net Interest Margin (%) | ▼ | 4.60% | -0.27 | 4.87% |
| Efficiency Ratio (%) | ▲ | 44.00% | -3.73 | 47.73% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.26 | $1 |
| Cost of Funds (%) | ▼ | 1.20% | +0.13 | 1.07% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $227 | +28.15 | $198 |
| Gross Loans ($M) | ▲ | $177 | +23.63 | $154 |
| Loan Growth YoY (%) | ▲ | 89.36% | +0.02 | 89.34% |
| Total Deposits ($M) | ▲ | $196 | +26.31 | $169 |
| Shareholders Equity ($M) | ▲ | $30 | +1.66 | $29 |
| Tang. Book Value ($M) | ▲ | $30 | +1.66 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 89.36% | +0.02 | 89.34% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.51% | +0.51 | 0.00% |
| Allowance / Loans (%) | — | 1.32% | -0.14% | 1.47% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇██▅▅▇▆▁ | Net Interest Margin (%) | 5.00% | 5.08% | 5.06% | 4.87% | 4.87% | 4.99% | 4.90% | 4.60% |
| ▄▄▃▅▆█▄▁ | Return on Assets (%) | 2.36% | 2.38% | 2.35% | 2.39% | 2.42% | 2.49% | 2.37% | 2.28% |
| ▇██▅▄▄▇▁ | Efficiency Ratio (%) | 49.3% | 49.6% | 50.3% | 47.7% | 47.1% | 46.9% | 48.8% | 44.0% |
| ▁▂▄▆▇███ | Cost of Funds (%) | 0.83% | 0.93% | 1.01% | 1.07% | 1.12% | 1.17% | 1.20% | 1.20% |
| ▁▁▁▁████ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.55% | 0.50% | 0.51% |
| ▁▁▁▁█▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.74% | 0.00% | 0.00% | 0.00% |
| ▃▆▁▃▆█▄▆ | Tang. Book Value ($M) | $29 | $30 | $27 | $29 | $30 | $32 | $29 | $30 |
| ▁▁▁▄▄▆▆█ | Gross Loans ($M) | $138 | $138 | $142 | $154 | $157 | $167 | $165 | $177 |
| ▁▂▁▄▅▅██ | Total Deposits ($M) | $146 | $154 | $150 | $169 | $179 | $181 | $202 | $196 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 40% |
| Brokered / Other | 17% |