Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.87% | +0.37 | 0.49% |
| Return on Equity (%) | ▲ | 8.47% | +3.06 | 5.41% |
| Net Interest Margin (%) | ▲ | 4.42% | +0.62 | 3.80% |
| Efficiency Ratio (%) | ▲ | 78.34% | -7.72 | 86.06% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.12 | $0 |
| Cost of Funds (%) | ▲ | 1.68% | -0.37 | 2.05% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $111 | +9.68 | $101 |
| Gross Loans ($M) | ▲ | $80 | +5.35 | $74 |
| Loan Growth YoY (%) | ▼ | 79.96% | -6.71 | 86.67% |
| Total Deposits ($M) | ▲ | $98 | +13.81 | $84 |
| Shareholders Equity ($M) | ▲ | $11 | +1.47 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +1.47 | $9 |
| Loan / Deposit Ratio (%) | ▼ | 79.96% | -6.71 | 86.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.27 | 0.25% |
| Allowance / Loans (%) | — | 1.48% | -0.16% | 1.64% |
| Net Charge-Off Ratio (%) | ▼ | 0.73% | +0.38 | 0.35% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 12.12% | -2.16 | 14.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▅▆▇█ | Net Interest Margin (%) | 3.45% | 3.48% | 3.67% | 3.80% | 3.98% | 4.16% | 4.25% | 4.42% |
| ▁▁▂▃▆▇▇█ | Return on Assets (%) | 0.29% | 0.31% | 0.40% | 0.49% | 0.66% | 0.73% | 0.74% | 0.87% |
| ██▆▆▃▁▁▁ | Efficiency Ratio (%) | 90.3% | 89.5% | 87.3% | 86.1% | 81.5% | 79.6% | 79.2% | 78.3% |
| ███▅▄▃▃▁ | Cost of Funds (%) | 2.29% | 2.36% | 2.37% | 2.05% | 1.96% | 1.91% | 1.88% | 1.68% |
| █▂▃▄▆▁▁█ | NPA / Assets (%) | 0.46% | 0.12% | 0.13% | 0.25% | 0.34% | 0.00% | 0.00% | 0.52% |
| █▂▂▄▅▁▁█ | Net Charge-Off Ratio (%) | 0.65% | 0.17% | 0.18% | 0.35% | 0.45% | 0.00% | 0.00% | 0.73% |
| ▁▃▃▄▅▇██ | Tang. Book Value ($M) | $8 | $9 | $9 | $9 | $10 | $10 | $11 | $11 |
| ▃▅▂▁▇▄▆█ | Gross Loans ($M) | $76 | $77 | $75 | $74 | $79 | $77 | $78 | $80 |
| ▄▄▁▁▂▅▃█ | Total Deposits ($M) | $90 | $90 | $83 | $84 | $86 | $91 | $87 | $98 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 24% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 14% |