Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.67% | +0.25 | 1.42% |
| Return on Equity (%) | ▲ | 11.47% | +1.31 | 10.16% |
| Net Interest Margin (%) | ▲ | 3.80% | +0.34 | 3.47% |
| Efficiency Ratio (%) | ▲ | 41.63% | -3.86 | 45.49% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.34 | $2 |
| Cost of Funds (%) | ▲ | 1.42% | -0.08 | 1.50% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $350 | +10.58 | $340 |
| Gross Loans ($M) | ▲ | $314 | +14.52 | $300 |
| Loan Growth YoY (%) | ▲ | 120.32% | +1.89 | 118.42% |
| Total Deposits ($M) | ▲ | $258 | +8.13 | $250 |
| Shareholders Equity ($M) | ▲ | $52 | +3.86 | $48 |
| Tang. Book Value ($M) | ▲ | $52 | +3.86 | $48 |
| Loan / Deposit Ratio (%) | ▲ | 120.32% | +1.89 | 118.42% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.27% | -0.06% | 1.33% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▁▃▅▆█ | Net Interest Margin (%) | 3.44% | 3.52% | 3.53% | 3.47% | 3.56% | 3.63% | 3.67% | 3.80% |
| ▁▃▃▁▂▅▅█ | Return on Assets (%) | 1.42% | 1.49% | 1.49% | 1.42% | 1.47% | 1.56% | 1.57% | 1.67% |
| █▆▆▆▆▃▃▁ | Efficiency Ratio (%) | 47.0% | 45.2% | 45.2% | 45.5% | 45.2% | 43.0% | 43.1% | 41.6% |
| ▁▃▂▇▅██▄ | Cost of Funds (%) | 1.35% | 1.40% | 1.40% | 1.50% | 1.44% | 1.53% | 1.52% | 1.42% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▃▄▅▆▇█ | Tang. Book Value ($M) | $45 | $46 | $47 | $48 | $49 | $50 | $50 | $52 |
| ▁▁▃▃▅███ | Gross Loans ($M) | $292 | $294 | $300 | $300 | $304 | $313 | $315 | $314 |
| ▇▆▄▁▄▅█▄ | Total Deposits ($M) | $266 | $263 | $257 | $250 | $258 | $260 | $268 | $258 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 99% |
| C&I / Commercial | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 78% |
| Brokered / Other | 6% |