Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.72% | -0.60 | 1.32% |
| Return on Equity (%) | ▼ | 7.14% | -6.58 | 13.72% |
| Net Interest Margin (%) | ▲ | 3.98% | +0.10 | 3.88% |
| Efficiency Ratio (%) | ▲ | 77.14% | -0.72 | 77.86% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.04 | $0 |
| Cost of Funds (%) | ▲ | 2.12% | -0.06 | 2.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $181 | +3.15 | $178 |
| Gross Loans ($M) | ▲ | $151 | +3.75 | $147 |
| Loan Growth YoY (%) | ▲ | 98.14% | +0.69 | 97.45% |
| Total Deposits ($M) | ▲ | $152 | +2.79 | $149 |
| Shareholders Equity ($M) | ▲ | $18 | +1.30 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.30 | $17 |
| Loan / Deposit Ratio (%) | ▲ | 98.14% | +0.69 | 97.45% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.01% | +0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.28% | -0.05% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 0.01% | +0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.43% | -0.03 | 14.46% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▃▃▃▄▆█▆ | Net Interest Margin (%) | 3.76% | 3.86% | 3.87% | 3.88% | 3.91% | 4.01% | 4.10% | 3.98% |
| ▂▂▁█▆▅▅▂ | Return on Assets (%) | 0.73% | 0.71% | 0.61% | 1.32% | 1.05% | 1.02% | 0.97% | 0.72% |
| ▇▅█▆▄▁▁▅ | Efficiency Ratio (%) | 78.8% | 77.2% | 80.4% | 77.9% | 76.0% | 73.2% | 74.0% | 77.1% |
| ▃██▂▂▂▅▁ | Cost of Funds (%) | 2.20% | 2.35% | 2.33% | 2.17% | 2.17% | 2.16% | 2.25% | 2.12% |
| ▁▃▁▁▁▆█▁ | NPA / Assets (%) | 0.01% | 0.04% | 0.01% | 0.00% | 0.00% | 0.09% | 0.12% | 0.01% |
| ▁▃▁▁▁▇█▁ | Net Charge-Off Ratio (%) | 0.01% | 0.05% | 0.01% | 0.00% | 0.00% | 0.11% | 0.15% | 0.01% |
| ▁▂▂▄▅▇██ | Tang. Book Value ($M) | $16 | $16 | $16 | $17 | $17 | $18 | $18 | $18 |
| ▁▁▃▆▇███ | Gross Loans ($M) | $135 | $137 | $141 | $147 | $148 | $150 | $151 | $151 |
| ▁▁▁▆▇█▄▇ | Total Deposits ($M) | $139 | $139 | $139 | $149 | $153 | $155 | $146 | $152 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 6% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 13% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 18% |