Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.55% | +2.16 | -1.61% |
| Return on Equity (%) | ▲ | 4.04% | +15.91 | -11.87% |
| Net Interest Margin (%) | ▲ | 4.32% | +0.32 | 4.01% |
| Efficiency Ratio (%) | ▲ | 82.25% | -41.42 | 123.67% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.68 | $-0 |
| Cost of Funds (%) | ▼ | 2.62% | +0.16 | 2.46% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $192 | +61.87 | $130 |
| Gross Loans ($M) | ▲ | $151 | +49.88 | $102 |
| Loan Growth YoY (%) | ▲ | 89.93% | +1.42 | 88.51% |
| Total Deposits ($M) | ▲ | $166 | +52.94 | $113 |
| Shareholders Equity ($M) | ▲ | $26 | +9.21 | $16 |
| Tang. Book Value ($M) | ▲ | $26 | +9.21 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 89.93% | +1.42 | 88.51% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.31% | 0.01% | 1.30% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇▆▁▃▇▃█ | Net Interest Margin (%) | 4.33% | 4.28% | 4.22% | 4.01% | 4.10% | 4.27% | 4.10% | 4.32% |
| ▁▂▂▄▅▆██ | Return on Assets (%) | -3.14% | -2.65% | -2.31% | -1.61% | -1.09% | -0.67% | 0.65% | 0.55% |
| ██▇▅▄▃▃▁ | Efficiency Ratio (%) | 155.8% | 148.3% | 140.5% | 123.7% | 110.1% | 102.9% | 103.1% | 82.3% |
| ▃▇▃▃▁▅▄█ | Cost of Funds (%) | 2.47% | 2.57% | 2.48% | 2.46% | 2.41% | 2.53% | 2.49% | 2.62% |
| ▁▁▁▁▁▁█▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% | 0.00% |
| ▁▁▁▁▁▁█▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.66% | 0.00% |
| ▁▁▁▁▄▇██ | Tang. Book Value ($M) | $17 | $17 | $16 | $16 | $20 | $24 | $25 | $26 |
| ▁▁▂▄▅▆██ | Gross Loans ($M) | $69 | $75 | $87 | $102 | $120 | $130 | $150 | $151 |
| ▁▁▂▄▅▅██ | Total Deposits ($M) | $74 | $85 | $94 | $113 | $127 | $130 | $155 | $166 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 85% |
| C&I / Commercial | 15% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 29% |