Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.07 | 1.20% |
| Return on Equity (%) | ▲ | 6.63% | +0.30 | 6.33% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.30 | 3.50% |
| Efficiency Ratio (%) | ▼ | 63.16% | +0.82 | 62.34% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▲ | 1.56% | -0.10 | 1.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $218 | +6.45 | $211 |
| Gross Loans ($M) | ▲ | $173 | +9.04 | $164 |
| Loan Growth YoY (%) | ▲ | 97.19% | +2.25 | 94.93% |
| Total Deposits ($M) | ▲ | $175 | +5.36 | $170 |
| Shareholders Equity ($M) | ▲ | $41 | +1.03 | $40 |
| Tang. Book Value ($M) | ▲ | $41 | +1.03 | $40 |
| TBV excl. AOCI ($M)** | ▲ | $43 | +1.16 | $42 |
| Loan / Deposit Ratio (%) | ▲ | 97.19% | +2.25 | 94.93% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.02% | 0.00 | 0.02% |
| Allowance / Loans (%) | — | 1.62% | -0.09% | 1.71% |
| Net Charge-Off Ratio (%) | ▲ | 0.02% | -0.00 | 0.02% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▄▇██ | Net Interest Margin (%) | 3.41% | 3.45% | 3.50% | 3.50% | 3.60% | 3.72% | 3.77% | 3.79% |
| ▁▃▄▂▅██▄ | Return on Assets (%) | 1.13% | 1.21% | 1.28% | 1.20% | 1.31% | 1.43% | 1.44% | 1.27% |
| █▆▄▇▄▁▁█ | Efficiency Ratio (%) | 63.1% | 61.4% | 60.3% | 62.3% | 60.2% | 58.3% | 58.6% | 63.2% |
| ██▃▃▂▂▁▁ | Cost of Funds (%) | 1.89% | 1.86% | 1.64% | 1.66% | 1.63% | 1.64% | 1.56% | 1.56% |
| ██▅▄▄▅▄▁ | NPA / Assets (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| ▅███▃▂▁▁ | Net Charge-Off Ratio (%) | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| ▁▄▁▄▅█▆█ | Tang. Book Value ($M) | $39 | $40 | $40 | $40 | $41 | $41 | $41 | $41 |
| ▄▁▁▁▆▇██ | Gross Loans ($M) | $168 | $164 | $164 | $164 | $170 | $171 | $173 | $173 |
| ▁▁▅▆▅▄▅█ | Total Deposits ($M) | $161 | $162 | $169 | $170 | $169 | $167 | $169 | $175 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 10% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 15% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 10% |