Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.36 | 1.04% |
| Return on Equity (%) | ▲ | 12.60% | +3.32 | 9.28% |
| Net Interest Margin (%) | ▲ | 4.52% | +0.10 | 4.43% |
| Efficiency Ratio (%) | ▲ | 57.60% | -5.91 | 63.51% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.31 | $1 |
| Cost of Funds (%) | ▲ | 1.22% | -0.27 | 1.49% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $243 | +50.22 | $192 |
| Gross Loans ($M) | ▲ | $158 | +20.10 | $138 |
| Loan Growth YoY (%) | ▼ | 73.47% | -8.89 | 82.36% |
| Total Deposits ($M) | ▲ | $213 | +47.18 | $166 |
| Shareholders Equity ($M) | ▲ | $26 | +3.20 | $22 |
| Tang. Book Value ($M) | ▲ | $26 | +3.20 | $22 |
| TBV excl. AOCI ($M)** | ▲ | $27 | +3.09 | $24 |
| Loan / Deposit Ratio (%) | ▼ | 73.47% | -8.89 | 82.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.99% | -0.02% | 1.02% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▃▂▁▃▆█▃ | Net Interest Margin (%) | 4.56% | 4.56% | 4.52% | 4.43% | 4.55% | 4.67% | 4.79% | 4.52% |
| █▆▄▁▂▃▅▆ | Return on Assets (%) | 1.57% | 1.40% | 1.29% | 1.04% | 1.14% | 1.24% | 1.31% | 1.40% |
| ███▅▆▅▅▁ | Efficiency Ratio (%) | 66.8% | 67.7% | 67.9% | 63.5% | 64.7% | 63.1% | 63.1% | 57.6% |
| ▆█▇▆▅▅▄▁ | Cost of Funds (%) | 1.50% | 1.64% | 1.55% | 1.49% | 1.44% | 1.44% | 1.39% | 1.22% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▄▅▆▇█ | Tang. Book Value ($M) | $20 | $22 | $21 | $22 | $23 | $24 | $25 | $26 |
| ▁▁▂▄▅▇▇█ | Gross Loans ($M) | $125 | $123 | $128 | $138 | $143 | $151 | $153 | $158 |
| ▁▁▃▂▂▃▄█ | Total Deposits ($M) | $159 | $163 | $172 | $166 | $171 | $173 | $183 | $213 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 6% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 15% |