Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.38% | +0.22 | 1.16% |
| Return on Equity (%) | ▲ | 15.56% | +0.62 | 14.94% |
| Net Interest Margin (%) | ▲ | 5.01% | +0.47 | 4.54% |
| Efficiency Ratio (%) | ▲ | 61.59% | -3.77 | 65.36% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.25 | $1 |
| Cost of Funds (%) | ▲ | 1.09% | -0.08 | 1.17% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $261 | +4.80 | $256 |
| Gross Loans ($M) | ▲ | $227 | +14.12 | $213 |
| Loan Growth YoY (%) | ▲ | 96.06% | +6.25 | 89.81% |
| Total Deposits ($M) | ▼ | $234 | -0.70 | $235 |
| Shareholders Equity ($M) | ▲ | $24 | +3.19 | $20 |
| Tang. Book Value ($M) | ▲ | $23 | +3.22 | $20 |
| Loan / Deposit Ratio (%) | ▲ | 96.06% | +6.25 | 89.81% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.07 | 0.07% |
| Allowance / Loans (%) | — | 0.88% | 0.00% | 0.87% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 11.04% | +0.44 | 10.60% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▅▆▆█ | Net Interest Margin (%) | 3.94% | 4.04% | 4.21% | 4.54% | 4.60% | 4.63% | 4.72% | 5.01% |
| ▁▂▄▆▆▅▅█ | Return on Assets (%) | 0.77% | 0.88% | 1.01% | 1.16% | 1.17% | 1.12% | 1.12% | 1.38% |
| █▇▅▃▃▃▂▁ | Efficiency Ratio (%) | 73.5% | 71.7% | 68.8% | 65.4% | 66.0% | 64.7% | 63.1% | 61.6% |
| █▆▄▃▂▄▄▁ | Cost of Funds (%) | 1.37% | 1.29% | 1.22% | 1.17% | 1.16% | 1.23% | 1.22% | 1.09% |
| ▁▁▁████▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.07% | 0.07% | 0.07% | 0.07% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $17 | $19 | $19 | $20 | $21 | $22 | $22 | $23 |
| ▁▃▄▅▆███ | Gross Loans ($M) | $194 | $204 | $208 | $213 | $215 | $223 | $225 | $227 |
| ▁█▇▆▇█▇▅ | Total Deposits ($M) | $229 | $237 | $236 | $235 | $236 | $237 | $236 | $234 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 15% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 29% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 2% |