Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.30% | +0.25 | 1.05% |
| Return on Equity (%) | ▲ | 13.72% | +2.01 | 11.71% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.35 | 3.55% |
| Efficiency Ratio (%) | ▲ | 64.21% | -4.92 | 69.13% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.18 | $1 |
| Cost of Funds (%) | ▼ | 1.86% | +0.05 | 1.81% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $216 | +6.53 | $209 |
| Gross Loans ($M) | ▲ | $154 | +16.65 | $137 |
| Loan Growth YoY (%) | ▲ | 83.71% | +4.60 | 79.11% |
| Total Deposits ($M) | ▲ | $182 | +10.19 | $172 |
| Shareholders Equity ($M) | ▲ | $21 | +1.55 | $19 |
| Tang. Book Value ($M) | ▲ | $17 | +1.55 | $16 |
| TBV excl. AOCI ($M)** | ▲ | $19 | +1.15 | $18 |
| Loan / Deposit Ratio (%) | ▲ | 83.71% | +4.60 | 79.11% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.76% | -0.21 | 0.97% |
| Allowance / Loans (%) | — | 0.90% | 0.04% | 0.86% |
| Net Charge-Off Ratio (%) | ▲ | 1.06% | -0.42 | 1.48% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 15.70% | -0.71 | 16.42% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▄▆▇▇█ | Net Interest Margin (%) | 3.22% | 3.26% | 3.32% | 3.55% | 3.68% | 3.77% | 3.81% | 3.90% |
| ▁▁▁▄▅▇▇█ | Return on Assets (%) | 0.84% | 0.87% | 0.82% | 1.05% | 1.09% | 1.18% | 1.21% | 1.30% |
| ██▇▅▃▂▁▁ | Efficiency Ratio (%) | 73.4% | 72.6% | 71.8% | 69.1% | 66.9% | 65.4% | 65.1% | 64.2% |
| ▃▇▅▁▃█▆▃ | Cost of Funds (%) | 1.85% | 1.91% | 1.89% | 1.81% | 1.85% | 1.94% | 1.90% | 1.86% |
| ██▆▆▄▁▁▃ | NPA / Assets (%) | 1.14% | 1.15% | 0.95% | 0.97% | 0.79% | 0.53% | 0.56% | 0.76% |
| ██▆▆▄▁▁▃ | Net Charge-Off Ratio (%) | 1.81% | 1.81% | 1.44% | 1.48% | 1.19% | 0.73% | 0.79% | 1.06% |
| ▁▅▁▄▅█▇█ | Tang. Book Value ($M) | $15 | $16 | $15 | $16 | $16 | $17 | $17 | $17 |
| ▁▁▂▂▄███ | Gross Loans ($M) | $132 | $133 | $135 | $137 | $141 | $152 | $153 | $154 |
| ▃▃▁▁▆▄▇█ | Total Deposits ($M) | $174 | $174 | $171 | $172 | $178 | $176 | $180 | $182 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 4% |
| Consumer | 10% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 71% |
| Brokered / Other | 6% |