Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.27% | +0.12 | 1.15% |
| Return on Equity (%) | ▲ | 12.65% | +0.43 | 12.22% |
| Net Interest Margin (%) | ▲ | 4.58% | +0.51 | 4.07% |
| Efficiency Ratio (%) | ▲ | 66.67% | -3.31 | 69.97% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.11 | $1 |
| Cost of Funds (%) | ▲ | 3.10% | -0.31 | 3.41% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $177 | -1.99 | $179 |
| Gross Loans ($M) | ▼ | $155 | -3.70 | $159 |
| Loan Growth YoY (%) | ▼ | 97.32% | -2.88 | 100.20% |
| Total Deposits ($M) | ▲ | $158 | +1.08 | $157 |
| Shareholders Equity ($M) | ▲ | $18 | +0.98 | $17 |
| Tang. Book Value ($M) | ▲ | $18 | +0.98 | $17 |
| Loan / Deposit Ratio (%) | ▼ | 97.32% | -2.88 | 100.20% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 3.97% | +1.37 | 2.61% |
| Allowance / Loans (%) | — | 1.17% | -0.12% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 3.12% | +0.33 | 2.79% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▂▃▁▃▃▃█ | Net Interest Margin (%) | 4.17% | 4.14% | 4.21% | 4.07% | 4.21% | 4.21% | 4.25% | 4.58% |
| ███▁█▆▄█ | Return on Assets (%) | 1.28% | 1.27% | 1.28% | 1.15% | 1.29% | 1.24% | 1.22% | 1.27% |
| ▁▁▁█▆██▄ | Efficiency Ratio (%) | 63.5% | 63.6% | 64.1% | 70.0% | 67.7% | 69.3% | 69.5% | 66.7% |
| ▇██▅▅▇▃▁ | Cost of Funds (%) | 3.51% | 3.63% | 3.59% | 3.41% | 3.38% | 3.51% | 3.26% | 3.10% |
| ▁▄▄▅▅███ | NPA / Assets (%) | 0.70% | 2.31% | 2.35% | 2.61% | 2.61% | 4.23% | 4.12% | 3.97% |
| ▁▄▄▅▅█▆▆ | Net Charge-Off Ratio (%) | 0.73% | 2.40% | 2.48% | 2.79% | 2.84% | 4.38% | 3.45% | 3.12% |
| ▁▂▃▅▅▆▇█ | Tang. Book Value ($M) | $16 | $16 | $16 | $17 | $17 | $17 | $17 | $18 |
| ▄██▃▂▁▃▁ | Gross Loans ($M) | $160 | $168 | $167 | $159 | $157 | $154 | $158 | $155 |
| ▁▄▅██▅▇█ | Total Deposits ($M) | $141 | $147 | $150 | $157 | $157 | $151 | $155 | $158 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 14% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 69% |
| Brokered / Other | 25% |