Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.64% | -0.13 | 0.77% |
| Return on Equity (%) | ▼ | 9.24% | -2.96 | 12.20% |
| Net Interest Margin (%) | ▲ | 4.80% | +0.17 | 4.63% |
| Efficiency Ratio (%) | ▼ | 83.04% | +3.12 | 79.92% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.09 | $1 |
| Cost of Funds (%) | ▲ | 0.98% | -0.11 | 1.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $272 | +3.44 | $268 |
| Gross Loans ($M) | ▼ | $155 | -0.91 | $156 |
| Loan Growth YoY (%) | ▼ | 60.84% | -0.87 | 61.71% |
| Total Deposits ($M) | ▲ | $252 | +2.38 | $250 |
| Shareholders Equity ($M) | ▲ | $19 | +1.39 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +1.43 | $17 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +1.88 | $21 |
| Loan / Deposit Ratio (%) | ▼ | 60.84% | -0.87 | 61.71% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.06% | -0.10 | 0.17% |
| Allowance / Loans (%) | — | 1.21% | -0.11% | 1.32% |
| Net Charge-Off Ratio (%) | ▲ | 0.11% | -0.18 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ██▅▁▃▄▄▅ | Net Interest Margin (%) | 4.95% | 4.91% | 4.80% | 4.63% | 4.72% | 4.75% | 4.77% | 4.80% |
| ██▁██▇▇▆ | Return on Assets (%) | 0.82% | 0.79% | 0.22% | 0.77% | 0.76% | 0.73% | 0.69% | 0.64% |
| ▁▁█▁▂▂▂▃ | Efficiency Ratio (%) | 79.2% | 78.9% | 93.6% | 79.9% | 81.7% | 81.4% | 82.3% | 83.0% |
| ███▄▅▆▄▁ | Cost of Funds (%) | 1.21% | 1.21% | 1.23% | 1.09% | 1.13% | 1.16% | 1.08% | 0.98% |
| ▁▇▇▆█▆▄▁ | NPA / Assets (%) | 0.06% | 0.18% | 0.19% | 0.17% | 0.22% | 0.17% | 0.12% | 0.06% |
| ▁▆▇▆█▆▄▁ | Net Charge-Off Ratio (%) | 0.09% | 0.31% | 0.33% | 0.28% | 0.39% | 0.29% | 0.22% | 0.11% |
| ▁█▁▂▁▇█▆ | Tang. Book Value ($M) | $16 | $19 | $16 | $17 | $16 | $19 | $19 | $18 |
| █▇▄▂▁▁▁▁ | Gross Loans ($M) | $168 | $166 | $160 | $156 | $153 | $154 | $154 | $155 |
| ▅█▃▁▃▃▂▂ | Total Deposits ($M) | $258 | $264 | $253 | $250 | $254 | $254 | $253 | $252 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 48% |
| C&I / Commercial | 9% |
| Consumer | 43% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 77% |
| Brokered / Other | 4% |