Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.29% | +0.05 | 1.24% |
| Return on Equity (%) | ▼ | 9.78% | -0.64 | 10.42% |
| Net Interest Margin (%) | ▲ | 4.39% | +0.12 | 4.27% |
| Efficiency Ratio (%) | ▲ | 64.11% | -3.72 | 67.83% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.12 | $1 |
| Cost of Funds (%) | ▼ | 0.56% | +0.02 | 0.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $212 | +3.58 | $209 |
| Gross Loans ($M) | ▲ | $106 | +4.72 | $101 |
| Loan Growth YoY (%) | ▲ | 56.65% | +2.29 | 54.36% |
| Total Deposits ($M) | ▲ | $184 | +0.80 | $184 |
| Shareholders Equity ($M) | ▲ | $27 | +2.35 | $25 |
| Tang. Book Value ($M) | ▲ | $27 | +2.35 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $32 | +2.61 | $29 |
| Loan / Deposit Ratio (%) | ▲ | 56.65% | +2.29 | 54.36% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.77% | +0.15 | 0.62% |
| Allowance / Loans (%) | — | 1.32% | -0.01% | 1.33% |
| Net Charge-Off Ratio (%) | ▼ | 1.54% | +0.26 | 1.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▇████ | Net Interest Margin (%) | 3.62% | 3.70% | 3.83% | 4.27% | 4.36% | 4.40% | 4.43% | 4.39% |
| ▆▁▂█████ | Return on Assets (%) | 0.82% | -0.60% | -0.12% | 1.24% | 1.18% | 1.33% | 1.30% | 1.29% |
| █▇▆▃▃▂▂▁ | Efficiency Ratio (%) | 75.9% | 74.3% | 72.7% | 67.8% | 67.5% | 65.6% | 65.6% | 64.1% |
| ▃█▃▁▂▁▂▁ | Cost of Funds (%) | 0.61% | 0.72% | 0.60% | 0.55% | 0.58% | 0.56% | 0.58% | 0.56% |
| ▅█▃▁▁▄▅▃ | NPA / Assets (%) | 0.97% | 1.22% | 0.81% | 0.62% | 0.62% | 0.91% | 0.98% | 0.77% |
| ▆█▃▁▁▅▅▃ | Net Charge-Off Ratio (%) | 1.97% | 2.25% | 1.46% | 1.28% | 1.19% | 1.76% | 1.79% | 1.54% |
| ▁▄▁▄▄███ | Tang. Book Value ($M) | $23 | $25 | $24 | $25 | $25 | $27 | $27 | $27 |
| ▁▁▃▄▄▆██ | Gross Loans ($M) | $97 | $98 | $100 | $101 | $102 | $104 | $107 | $106 |
| ▁▁▄█▂▃▃█ | Total Deposits ($M) | $170 | $169 | $175 | $184 | $171 | $173 | $174 | $184 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 77% |
| C&I / Commercial | 9% |
| Consumer | 14% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 28% |
| Interest-Bearing (core) | 65% |
| Brokered / Other | 7% |