Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.22% | +0.61 | 0.61% |
| Return on Equity (%) | ▲ | 12.31% | +5.84 | 6.47% |
| Net Interest Margin (%) | ▲ | 4.20% | +0.21 | 3.99% |
| Efficiency Ratio (%) | ▲ | 63.30% | -17.46 | 80.76% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.45 | $0 |
| Cost of Funds (%) | ▲ | 1.03% | -0.06 | 1.09% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $210 | +10.90 | $199 |
| Gross Loans ($M) | ▲ | $137 | +6.81 | $130 |
| Loan Growth YoY (%) | ▲ | 72.28% | +0.37 | 71.91% |
| Total Deposits ($M) | ▲ | $187 | +8.64 | $179 |
| Shareholders Equity ($M) | ▲ | $21 | +2.09 | $19 |
| Tang. Book Value ($M) | ▲ | $21 | +2.09 | $19 |
| TBV excl. AOCI ($M)** | ▲ | $23 | +2.14 | $21 |
| Loan / Deposit Ratio (%) | ▲ | 72.28% | +0.37 | 71.91% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.37% | +0.03 | 0.34% |
| Allowance / Loans (%) | — | 1.39% | -0.14% | 1.53% |
| Net Charge-Off Ratio (%) | ▼ | 0.57% | +0.05 | 0.52% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 0.00% | -19.33 | 19.33% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▅▇██ | Net Interest Margin (%) | 3.95% | 3.97% | 3.99% | 3.99% | 4.08% | 4.14% | 4.18% | 4.20% |
| ▁▁▃▂▅▅▆█ | Return on Assets (%) | 0.46% | 0.53% | 0.73% | 0.61% | 0.87% | 0.93% | 0.97% | 1.22% |
| ██▆▆▄▃▃▁ | Efficiency Ratio (%) | 86.7% | 84.1% | 79.5% | 80.8% | 73.3% | 71.8% | 71.4% | 63.3% |
| ▇▂▂▄▆█▆▁ | Cost of Funds (%) | 1.13% | 1.06% | 1.05% | 1.09% | 1.11% | 1.15% | 1.11% | 1.03% |
| ▃▁▅▅▄▆█▆ | NPA / Assets (%) | 0.30% | 0.22% | 0.33% | 0.34% | 0.32% | 0.37% | 0.44% | 0.37% |
| ▃▁▅▅▄▆█▆ | Net Charge-Off Ratio (%) | 0.41% | 0.31% | 0.50% | 0.52% | 0.48% | 0.56% | 0.68% | 0.57% |
| ▁▂▂▄▅▇▇█ | Tang. Book Value ($M) | $18 | $19 | $18 | $19 | $20 | $20 | $21 | $21 |
| ▂▂▁▁▃▅█▇ | Gross Loans ($M) | $132 | $132 | $131 | $130 | $134 | $136 | $140 | $137 |
| ▁▂▅▅▆▆██ | Total Deposits ($M) | $162 | $167 | $178 | $179 | $180 | $183 | $191 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 5% |
| Consumer | 16% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 31% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 8% |