Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.11% | +0.87 | -0.76% |
| Return on Equity (%) | ▲ | 0.57% | +4.26 | -3.69% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.16 | 3.29% |
| Efficiency Ratio (%) | ▲ | 91.92% | -14.19 | 106.11% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.14 | $-0 |
| Cost of Funds (%) | ▲ | 1.56% | -0.15 | 1.71% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $123 | +5.66 | $117 |
| Gross Loans ($M) | ▲ | $59 | +18.88 | $41 |
| Loan Growth YoY (%) | ▲ | 59.32% | +16.36 | 42.96% |
| Total Deposits ($M) | ▲ | $99 | +5.57 | $94 |
| Shareholders Equity ($M) | ▲ | $22 | +0.14 | $21 |
| Tang. Book Value ($M) | ▲ | $22 | +0.14 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 59.32% | +16.36 | 42.96% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.96% | 0.15% | 0.81% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 34.54% | -19.12 | 53.66% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅▁▁▁▂▂ | Net Interest Margin (%) | 4.00% | 4.01% | 3.74% | 3.29% | 3.30% | 3.29% | 3.38% | 3.45% |
| ▆▆▄▁▅▆▇█ | Return on Assets (%) | -0.13% | -0.14% | -0.35% | -0.76% | -0.24% | -0.14% | -0.09% | 0.11% |
| ▄▅▆█▅▂▁▁ | Efficiency Ratio (%) | 97.0% | 99.4% | 101.7% | 106.1% | 100.3% | 94.7% | 91.3% | 91.9% |
| ▃▃▁▃██▆▁ | Cost of Funds (%) | 1.69% | 1.66% | 1.53% | 1.71% | 2.00% | 1.97% | 1.85% | 1.56% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ██▅▁▂▃▃▃ | Tang. Book Value ($M) | $22 | $22 | $22 | $21 | $22 | $22 | $22 | $22 |
| ▁▁▃▅▅▇▇█ | Gross Loans ($M) | $12 | $12 | $26 | $41 | $39 | $51 | $53 | $59 |
| ▁▁▄█▇█▆█ | Total Deposits ($M) | $39 | $42 | $68 | $94 | $86 | $92 | $83 | $99 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 8% |
| Consumer | 12% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 12% |