Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.04 | 0.65% |
| Return on Equity (%) | ▲ | 6.60% | +0.30 | 6.30% |
| Net Interest Margin (%) | ▲ | 4.33% | +0.46 | 3.87% |
| Efficiency Ratio (%) | ▼ | 78.04% | +1.38 | 76.66% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.04 | $1 |
| Cost of Funds (%) | ▲ | 0.85% | -0.06 | 0.91% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $244 | +7.03 | $237 |
| Gross Loans ($M) | ▲ | $152 | +6.16 | $145 |
| Loan Growth YoY (%) | ▲ | 68.22% | +0.55 | 67.67% |
| Total Deposits ($M) | ▲ | $219 | +7.14 | $212 |
| Shareholders Equity ($M) | ▲ | $24 | +0.07 | $24 |
| Tang. Book Value ($M) | ▲ | $24 | +0.07 | $24 |
| TBV excl. AOCI ($M)** | ▲ | $28 | +0.33 | $28 |
| Loan / Deposit Ratio (%) | ▲ | 68.22% | +0.55 | 67.67% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 2.11% | +0.19 | 1.92% |
| Allowance / Loans (%) | — | 1.41% | 0.03% | 1.39% |
| Net Charge-Off Ratio (%) | ▼ | 3.40% | +0.28 | 3.13% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 17.43% | -0.75 | 18.18% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▅▆█ | Net Interest Margin (%) | 3.67% | 3.73% | 3.79% | 3.87% | 3.96% | 4.02% | 4.11% | 4.33% |
| ▄▅▅▁▆██▁ | Return on Assets (%) | 0.82% | 0.85% | 0.85% | 0.65% | 0.89% | 0.99% | 1.02% | 0.68% |
| ▅▄▄▇▃▂▁█ | Efficiency Ratio (%) | 73.5% | 72.6% | 72.1% | 76.7% | 71.1% | 69.3% | 67.7% | 78.0% |
| ▁▅█▆▇█▆▂ | Cost of Funds (%) | 0.83% | 0.89% | 0.94% | 0.91% | 0.91% | 0.93% | 0.91% | 0.85% |
| ▂▁▄▇▄▆▄█ | NPA / Assets (%) | 1.33% | 1.13% | 1.53% | 1.92% | 1.55% | 1.77% | 1.53% | 2.11% |
| ▂▁▄▇▄▆▄█ | Net Charge-Off Ratio (%) | 2.16% | 1.80% | 2.43% | 3.13% | 2.56% | 2.88% | 2.52% | 3.40% |
| ▁▄▃▄▆██▅ | Tang. Book Value ($M) | $23 | $24 | $24 | $24 | $25 | $26 | $26 | $24 |
| ▁▃▄▅▅▆▇█ | Gross Loans ($M) | $139 | $143 | $145 | $145 | $145 | $148 | $149 | $152 |
| ▁▂▄▆▇▇██ | Total Deposits ($M) | $197 | $202 | $206 | $212 | $214 | $214 | $217 | $219 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 75% |
| C&I / Commercial | 10% |
| Consumer | 12% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 3% |