Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.45 | 0.78% |
| Return on Equity (%) | ▲ | 11.61% | +3.95 | 7.66% |
| Net Interest Margin (%) | ▲ | 4.56% | +0.88 | 3.68% |
| Efficiency Ratio (%) | ▲ | 66.17% | -8.81 | 74.98% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.38 | $1 |
| Cost of Funds (%) | ▲ | 1.48% | -0.29 | 1.76% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $228 | +5.77 | $222 |
| Gross Loans ($M) | ▲ | $184 | +11.34 | $173 |
| Loan Growth YoY (%) | ▲ | 93.73% | +1.58 | 92.16% |
| Total Deposits ($M) | ▲ | $194 | +8.56 | $186 |
| Shareholders Equity ($M) | ▲ | $24 | +1.32 | $23 |
| Tang. Book Value ($M) | ▲ | $24 | +1.32 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 93.73% | +1.58 | 92.16% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.66% | -0.27 | 0.93% |
| Allowance / Loans (%) | — | 1.01% | 0.16% | 0.85% |
| Net Charge-Off Ratio (%) | ▲ | 0.82% | -0.38 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▂▃▄▅█ | Net Interest Margin (%) | 3.50% | 3.54% | 3.56% | 3.68% | 3.77% | 3.91% | 4.06% | 4.56% |
| ▁▁▁▂▂▃▄█ | Return on Assets (%) | 0.71% | 0.71% | 0.73% | 0.78% | 0.84% | 0.88% | 0.95% | 1.22% |
| █▇▇█▇▅▃▁ | Efficiency Ratio (%) | 75.7% | 74.4% | 73.7% | 75.0% | 73.6% | 71.3% | 69.4% | 66.2% |
| ▅██▅▅▄▃▁ | Cost of Funds (%) | 1.71% | 1.90% | 1.94% | 1.76% | 1.76% | 1.70% | 1.62% | 1.48% |
| ▁▇▆▇▆█▇▄ | NPA / Assets (%) | 0.42% | 0.89% | 0.86% | 0.93% | 0.83% | 1.04% | 0.89% | 0.66% |
| ▁▇▇▇▆█▇▃ | Net Charge-Off Ratio (%) | 0.55% | 1.18% | 1.12% | 1.20% | 1.05% | 1.31% | 1.13% | 0.82% |
| ▁▃▁▃▅▇▆█ | Tang. Book Value ($M) | $22 | $23 | $22 | $23 | $23 | $24 | $24 | $24 |
| ▁▁▂▂▅▇▅█ | Gross Loans ($M) | $170 | $170 | $172 | $173 | $178 | $181 | $178 | $184 |
| ▂▃▂▁▂▄▆█ | Total Deposits ($M) | $187 | $189 | $188 | $186 | $188 | $189 | $192 | $194 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 7% |
| Consumer | 6% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 14% |