Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.16% | +0.02 | 2.14% |
| Return on Equity (%) | ▼ | 9.31% | -0.80 | 10.11% |
| Net Interest Margin (%) | ▲ | 4.72% | +0.33 | 4.38% |
| Efficiency Ratio (%) | ▼ | 53.30% | +2.79 | 50.50% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.02 | $1 |
| Cost of Funds (%) | ▲ | 0.58% | -0.01 | 0.59% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $103 | -6.98 | $110 |
| Gross Loans ($M) | ▲ | $71 | +2.12 | $69 |
| Loan Growth YoY (%) | ▲ | 88.85% | +10.73 | 78.12% |
| Total Deposits ($M) | ▼ | $79 | -8.08 | $87 |
| Shareholders Equity ($M) | ▲ | $25 | +1.06 | $24 |
| Tang. Book Value ($M) | ▲ | $25 | +1.06 | $24 |
| Loan / Deposit Ratio (%) | ▲ | 88.85% | +10.73 | 78.12% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.41% | -0.04% | 1.46% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▃▆▆█ | Net Interest Margin (%) | 4.32% | 4.35% | 4.39% | 4.38% | 4.46% | 4.57% | 4.59% | 4.72% |
| ▁▂▃▅▅█▅▆ | Return on Assets (%) | 2.06% | 2.10% | 2.11% | 2.14% | 2.15% | 2.22% | 2.15% | 2.16% |
| ▃▁▂▁▂▁▅█ | Efficiency Ratio (%) | 51.2% | 50.8% | 50.9% | 50.5% | 50.9% | 50.7% | 51.9% | 53.3% |
| ▁▁▅▆█▆▄▆ | Cost of Funds (%) | 0.54% | 0.54% | 0.58% | 0.59% | 0.61% | 0.59% | 0.57% | 0.58% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▄▂▄▆█▇█ | Tang. Book Value ($M) | $23 | $23 | $23 | $24 | $24 | $25 | $24 | $25 |
| ▃▂▁▄▁▇▄█ | Gross Loans ($M) | $68 | $67 | $67 | $69 | $67 | $70 | $68 | $71 |
| ████▆▂▅▁ | Total Deposits ($M) | $87 | $86 | $86 | $87 | $84 | $80 | $83 | $79 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 81% |
| C&I / Commercial | 17% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 33% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 2% |