Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 2.14% | +0.03 | 2.11% |
| Return on Equity (%) | ▼ | 14.28% | -0.48 | 14.76% |
| Net Interest Margin (%) | ▲ | 5.96% | +0.13 | 5.83% |
| Efficiency Ratio (%) | ▲ | 63.04% | -0.74 | 63.79% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.03 | $1 |
| Cost of Funds (%) | ▼ | 0.54% | +0.12 | 0.43% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $198 | +2.73 | $195 |
| Gross Loans ($M) | ▲ | $116 | +13.03 | $103 |
| Loan Growth YoY (%) | ▲ | 67.99% | +7.11 | 60.88% |
| Total Deposits ($M) | ▲ | $167 | +1.69 | $165 |
| Shareholders Equity ($M) | ▲ | $30 | +1.46 | $29 |
| Tang. Book Value ($M) | ▲ | $30 | +1.46 | $28 |
| TBV excl. AOCI ($M)** | ▲ | $33 | +1.39 | $31 |
| Loan / Deposit Ratio (%) | ▲ | 67.99% | +7.11 | 60.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.31% | -0.13 | 0.44% |
| Allowance / Loans (%) | — | 2.02% | -0.12% | 2.14% |
| Net Charge-Off Ratio (%) | ▲ | 0.43% | -0.08 | 0.51% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▅▁███▃ | Net Interest Margin (%) | 5.85% | 5.92% | 6.04% | 5.83% | 6.18% | 6.20% | 6.21% | 5.96% |
| █▇▆▁▆▅▆▁ | Return on Assets (%) | 2.94% | 2.84% | 2.72% | 2.11% | 2.66% | 2.61% | 2.71% | 2.14% |
| ▁▁▃█▄▄▄█ | Efficiency Ratio (%) | 52.2% | 53.4% | 55.8% | 63.8% | 57.1% | 57.7% | 57.3% | 63.0% |
| ▄▅▅▃▁▁▁█ | Cost of Funds (%) | 0.43% | 0.46% | 0.47% | 0.43% | 0.38% | 0.37% | 0.36% | 0.54% |
| ██▃▃▂▁▁▁ | NPA / Assets (%) | 0.97% | 0.97% | 0.47% | 0.44% | 0.40% | 0.27% | 0.23% | 0.31% |
| ██▂▂▁▁▁▁ | Net Charge-Off Ratio (%) | 1.46% | 1.38% | 0.57% | 0.51% | 0.43% | 0.37% | 0.32% | 0.43% |
| ▁▄▁▃▆█▄▆ | Tang. Book Value ($M) | $27 | $29 | $27 | $28 | $30 | $31 | $29 | $30 |
| ▁▃▃▃▅█▆█ | Gross Loans ($M) | $96 | $103 | $103 | $103 | $108 | $117 | $111 | $116 |
| █▅▃▂▃▁▄▄ | Total Deposits ($M) | $173 | $168 | $166 | $165 | $166 | $163 | $167 | $167 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 13% |
| Consumer | 2% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 62% |
| Brokered / Other | 2% |