Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.77% | +0.15 | 1.62% |
| Return on Equity (%) | ▲ | 13.80% | +1.54 | 12.26% |
| Net Interest Margin (%) | ▼ | 4.92% | -0.41 | 5.33% |
| Efficiency Ratio (%) | ▼ | 60.01% | +1.06 | 58.95% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 0.86% | -0.06 | 0.92% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $175 | +16.02 | $159 |
| Gross Loans ($M) | ▲ | $93 | +4.76 | $89 |
| Loan Growth YoY (%) | ▼ | 61.32% | -3.65 | 64.97% |
| Total Deposits ($M) | ▲ | $149 | +15.43 | $134 |
| Shareholders Equity ($M) | ▲ | $22 | +1.19 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +1.19 | $21 |
| TBV excl. AOCI ($M)** | ▲ | $24 | +1.21 | $22 |
| Loan / Deposit Ratio (%) | ▼ | 61.32% | -3.65 | 64.97% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 1.32% | +1.32 | 0.00% |
| Allowance / Loans (%) | — | 2.03% | 0.09% | 1.94% |
| Net Charge-Off Ratio (%) | ▼ | 2.46% | +2.46 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▇█▆███▁ | Net Interest Margin (%) | 5.35% | 5.39% | 5.43% | 5.33% | 5.46% | 5.50% | 5.45% | 4.92% |
| ▁▁▂▂▃▅█▆ | Return on Assets (%) | 1.55% | 1.57% | 1.63% | 1.62% | 1.67% | 1.72% | 1.88% | 1.77% |
| ▄▄▅▅▂▁▁█ | Efficiency Ratio (%) | 58.7% | 58.8% | 59.0% | 59.0% | 58.3% | 57.9% | 57.9% | 60.0% |
| ██▇▃▂▅▃▁ | Cost of Funds (%) | 1.01% | 1.02% | 1.00% | 0.92% | 0.90% | 0.95% | 0.91% | 0.86% |
| ▁▁▁▁▁▁██ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.40% | 1.32% |
| ▁▁▁▁▁▁██ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.40% | 2.46% |
| ▁▁▃▄▅▇██ | Tang. Book Value ($M) | $20 | $20 | $20 | $21 | $21 | $21 | $22 | $22 |
| ▁▃▄▄▇██▆ | Gross Loans ($M) | $79 | $85 | $87 | $89 | $95 | $98 | $96 | $93 |
| ▁▂▁▃▄▃▅█ | Total Deposits ($M) | $128 | $132 | $128 | $134 | $136 | $135 | $139 | $149 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 94% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 43% |
| Interest-Bearing (core) | 44% |
| Brokered / Other | 12% |