Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.12% | +0.03 | 0.09% |
| Return on Equity (%) | ▲ | 2.76% | +0.61 | 2.15% |
| Net Interest Margin (%) | ▲ | 3.27% | +0.10 | 3.17% |
| Efficiency Ratio (%) | ▲ | 90.94% | -1.37 | 92.31% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.02 | $0 |
| Cost of Funds (%) | ▼ | 2.17% | +0.29 | 1.89% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $155 | +13.41 | $142 |
| Gross Loans ($M) | ▲ | $105 | +4.92 | $100 |
| Loan Growth YoY (%) | ▼ | 70.02% | -3.13 | 73.14% |
| Total Deposits ($M) | ▲ | $148 | +12.61 | $136 |
| Shareholders Equity ($M) | ▲ | $6 | +0.72 | $6 |
| Tang. Book Value ($M) | ▲ | $6 | +0.72 | $6 |
| TBV excl. AOCI ($M)** | ▲ | $8 | +0.71 | $7 |
| Loan / Deposit Ratio (%) | ▼ | 70.02% | -3.13 | 73.14% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 1.77% | -0.91 | 2.68% |
| Allowance / Loans (%) | — | 1.06% | 0.28% | 0.78% |
| Net Charge-Off Ratio (%) | ▲ | 2.62% | -1.18 | 3.80% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 9.03% | -0.15 | 9.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▃▇█▃█ | Net Interest Margin (%) | 3.15% | 3.12% | 3.13% | 3.17% | 3.24% | 3.25% | 3.17% | 3.27% |
| ▅▇█▁▇█▁▂ | Return on Assets (%) | 0.22% | 0.27% | 0.31% | 0.09% | 0.28% | 0.32% | 0.11% | 0.12% |
| ▂▁▁█▂▁▃▇ | Efficiency Ratio (%) | 85.2% | 83.7% | 83.0% | 92.3% | 84.4% | 83.2% | 86.2% | 90.9% |
| ▁▄▅▄▆▇█▇ | Cost of Funds (%) | 1.57% | 1.93% | 1.98% | 1.89% | 2.09% | 2.15% | 2.29% | 2.17% |
| ▁█▇█▇██▄ | NPA / Assets (%) | 0.80% | 2.74% | 2.58% | 2.68% | 2.56% | 2.91% | 2.66% | 1.77% |
| ▁█▇█▇█▇▄ | Net Charge-Off Ratio (%) | 1.16% | 4.00% | 3.58% | 3.80% | 3.59% | 4.16% | 3.73% | 2.62% |
| ▁▅▁▂▅██▇ | Tang. Book Value ($M) | $5 | $6 | $5 | $6 | $6 | $7 | $7 | $6 |
| ▁▁▃▅▆██▇ | Gross Loans ($M) | $88 | $90 | $95 | $100 | $103 | $106 | $108 | $105 |
| ▁▂▂▅▄▇▇█ | Total Deposits ($M) | $122 | $125 | $126 | $136 | $135 | $144 | $144 | $148 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 78% |
| C&I / Commercial | 12% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 22% |