Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.01% | +0.66 | 1.35% |
| Return on Equity (%) | ▲ | 13.74% | +2.35 | 11.39% |
| Net Interest Margin (%) | ▲ | 2.66% | +0.86 | 1.80% |
| Efficiency Ratio (%) | ▲ | 2.73% | -1.57 | 4.30% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.35 | $1 |
| Cost of Funds (%) | ▼ | 0.49% | +0.01 | 0.48% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $158 | +4.30 | $154 |
| Gross Loans ($M) | — | $0 | 0.00 | $0 |
| Loan Growth YoY (%) | — | 0.00% | 0.00 | 0.00% |
| Total Deposits ($M) | ▼ | $120 | -2.17 | $122 |
| Shareholders Equity ($M) | ▲ | $23 | +4.15 | $19 |
| Tang. Book Value ($M) | ▲ | $23 | +4.15 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $30 | +4.46 | $26 |
| Loan / Deposit Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 0.00% | — | 0.00% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▄▅▆▇█ | Net Interest Margin (%) | 1.01% | 1.06% | 1.19% | 1.80% | 1.97% | 2.15% | 2.29% | 2.66% |
| ▁▁▂▄▅▆▇█ | Return on Assets (%) | 0.73% | 0.77% | 0.90% | 1.35% | 1.49% | 1.62% | 1.78% | 2.01% |
| ██▆▃▂▂▁▁ | Efficiency Ratio (%) | 7.6% | 7.3% | 6.3% | 4.3% | 3.7% | 3.5% | 3.2% | 2.7% |
| █▇▅▂▆▅▁▄ | Cost of Funds (%) | 0.53% | 0.52% | 0.51% | 0.48% | 0.51% | 0.50% | 0.47% | 0.49% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▃▃▅▆▇██ | Tang. Book Value ($M) | $14 | $17 | $17 | $19 | $20 | $21 | $23 | $23 |
| ▄▄▄▄▄▄▄▄ | Gross Loans ($M) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| ▅█▃█▃▅▁▇ | Total Deposits ($M) | $113 | $124 | $106 | $122 | $105 | $111 | $96 | $120 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 44% |
| Interest-Bearing (core) | 49% |
| Brokered / Other | 7% |