Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.59% | +0.15 | 0.44% |
| Return on Equity (%) | ▲ | 6.27% | +1.57 | 4.70% |
| Net Interest Margin (%) | ▲ | 2.81% | +0.28 | 2.53% |
| Efficiency Ratio (%) | ▲ | 67.84% | -2.87 | 70.71% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.01 | $1 |
| Cost of Funds (%) | ▼ | 2.20% | +0.09 | 2.10% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $376 | +14.03 | $362 |
| Gross Loans ($M) | ▼ | $230 | -6.65 | $236 |
| Loan Growth YoY (%) | ▼ | 81.77% | -7.05 | 88.82% |
| Total Deposits ($M) | ▲ | $278 | +13.84 | $264 |
| Shareholders Equity ($M) | ▲ | $36 | +1.62 | $34 |
| Tang. Book Value ($M) | ▲ | $36 | +1.62 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $42 | +3.82 | $38 |
| Loan / Deposit Ratio (%) | ▼ | 81.77% | -7.05 | 88.82% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.63% | -0.03 | 0.66% |
| Allowance / Loans (%) | — | 1.22% | 0.30% | 0.92% |
| Net Charge-Off Ratio (%) | ▼ | 1.03% | +0.13 | 0.90% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.51% | +0.37 | 14.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▅▇▇▁▁▂▄█ | Net Interest Margin (%) | 2.69% | 2.78% | 2.77% | 2.53% | 2.53% | 2.59% | 2.64% | 2.81% |
| ▁▃▄▄▂▃▆█ | Return on Assets (%) | 0.34% | 0.43% | 0.45% | 0.44% | 0.37% | 0.43% | 0.52% | 0.59% |
| █▆▆▂▄▄▂▁ | Efficiency Ratio (%) | 80.9% | 76.9% | 77.2% | 70.7% | 74.4% | 72.8% | 69.9% | 67.8% |
| ▁▁▃▅▅█▇▇ | Cost of Funds (%) | 1.87% | 1.88% | 2.02% | 2.10% | 2.13% | 2.30% | 2.19% | 2.20% |
| █▇▂▂▁▂▁▂ | NPA / Assets (%) | 1.09% | 0.99% | 0.63% | 0.66% | 0.54% | 0.66% | 0.54% | 0.63% |
| █▇▁▁▁▃▁▃ | Net Charge-Off Ratio (%) | 1.51% | 1.43% | 0.85% | 0.90% | 0.88% | 1.10% | 0.87% | 1.03% |
| ▁▂▃▄▅▇██ | Tang. Book Value ($M) | $33 | $34 | $34 | $34 | $35 | $35 | $36 | $36 |
| ██▅▄▂▁▄▂ | Gross Loans ($M) | $250 | $248 | $241 | $236 | $231 | $227 | $236 | $230 |
| ▁▃▄▃▇▇█▆ | Total Deposits ($M) | $252 | $263 | $269 | $264 | $279 | $280 | $288 | $278 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 90% |
| C&I / Commercial | 9% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 56% |
| Brokered / Other | 26% |