Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.77% | +0.18 | 0.58% |
| Return on Equity (%) | ▲ | 8.26% | +1.25 | 7.01% |
| Net Interest Margin (%) | ▲ | 4.01% | +0.28 | 3.73% |
| Efficiency Ratio (%) | ▲ | 77.43% | -0.96 | 78.38% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.05 | $0 |
| Cost of Funds (%) | ▲ | 0.87% | -0.02 | 0.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $194 | -1.76 | $196 |
| Gross Loans ($M) | ▲ | $126 | +4.76 | $121 |
| Loan Growth YoY (%) | ▲ | 71.24% | +4.11 | 67.13% |
| Total Deposits ($M) | ▼ | $175 | -3.66 | $178 |
| Shareholders Equity ($M) | ▲ | $18 | +1.64 | $16 |
| Tang. Book Value ($M) | ▲ | $18 | +1.64 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $20 | +1.53 | $19 |
| Loan / Deposit Ratio (%) | ▲ | 71.24% | +4.11 | 67.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.04% | -0.01 | 0.06% |
| Allowance / Loans (%) | — | 0.89% | -0.00% | 0.90% |
| Net Charge-Off Ratio (%) | ▲ | 0.07% | -0.02 | 0.09% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▆▅▅▁▃▅▆█ | Net Interest Margin (%) | 3.91% | 3.88% | 3.90% | 3.73% | 3.82% | 3.90% | 3.92% | 4.01% |
| ▁▃▃▂▄▁█▇ | Return on Assets (%) | 0.54% | 0.60% | 0.62% | 0.58% | 0.67% | 0.52% | 0.82% | 0.77% |
| █▆▅▃▁▇▁▂ | Efficiency Ratio (%) | 84.7% | 82.4% | 80.7% | 78.4% | 76.1% | 82.7% | 76.6% | 77.4% |
| ▁▂▅▇███▆ | Cost of Funds (%) | 0.71% | 0.76% | 0.83% | 0.90% | 0.94% | 0.92% | 0.94% | 0.87% |
| █▇▅▄▃▂▁▁ | NPA / Assets (%) | 0.07% | 0.07% | 0.06% | 0.06% | 0.05% | 0.05% | 0.05% | 0.04% |
| █▇▅▄▃▂▁▁ | Net Charge-Off Ratio (%) | 0.12% | 0.11% | 0.10% | 0.09% | 0.08% | 0.08% | 0.07% | 0.07% |
| ▁▃▄▄▅▇██ | Tang. Book Value ($M) | $15 | $16 | $16 | $16 | $17 | $17 | $18 | $18 |
| ▁▁▅▆▇▆██ | Gross Loans ($M) | $109 | $109 | $118 | $121 | $123 | $120 | $126 | $126 |
| ▁▁███▇█▆ | Total Deposits ($M) | $165 | $164 | $177 | $178 | $178 | $176 | $178 | $175 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 95% |
| C&I / Commercial | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 76% |
| Brokered / Other | 4% |