Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.76% | +0.02 | 0.74% |
| Return on Equity (%) | ▼ | 7.75% | -0.64 | 8.39% |
| Net Interest Margin (%) | ▲ | 3.90% | +0.35 | 3.55% |
| Efficiency Ratio (%) | ▼ | 76.48% | +1.54 | 74.94% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.05 | $1 |
| Cost of Funds (%) | ▼ | 1.31% | +0.06 | 1.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $230 | +10.77 | $219 |
| Gross Loans ($M) | ▲ | $139 | +13.81 | $126 |
| Loan Growth YoY (%) | ▲ | 67.76% | +4.89 | 62.88% |
| Total Deposits ($M) | ▲ | $203 | +5.90 | $197 |
| Shareholders Equity ($M) | ▲ | $22 | +2.79 | $20 |
| Tang. Book Value ($M) | ▲ | $22 | +2.79 | $20 |
| TBV excl. AOCI ($M)** | ▲ | $26 | +3.24 | $23 |
| Loan / Deposit Ratio (%) | ▲ | 67.76% | +4.89 | 62.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.03% | -0.04 | 0.06% |
| Allowance / Loans (%) | — | 1.24% | 0.00% | 1.24% |
| Net Charge-Off Ratio (%) | ▲ | 0.04% | -0.07 | 0.11% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 18.74% | +0.38 | 18.37% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▄▆▆██ | Net Interest Margin (%) | 3.38% | 3.27% | 3.29% | 3.55% | 3.67% | 3.74% | 3.83% | 3.90% |
| ▂▁▁▆▇▇█▆ | Return on Assets (%) | 0.57% | 0.51% | 0.54% | 0.74% | 0.80% | 0.79% | 0.86% | 0.76% |
| ▇█▇▄▃▂▁▅ | Efficiency Ratio (%) | 79.6% | 81.6% | 79.0% | 74.9% | 73.9% | 71.6% | 69.8% | 76.5% |
| ▁█▅▂▂▁▃▃ | Cost of Funds (%) | 1.24% | 1.51% | 1.36% | 1.25% | 1.26% | 1.21% | 1.31% | 1.31% |
| ▄▄▃▃▆█▅▁ | NPA / Assets (%) | 0.08% | 0.08% | 0.06% | 0.06% | 0.11% | 0.14% | 0.09% | 0.03% |
| ▄▄▃▃▆█▄▁ | Net Charge-Off Ratio (%) | 0.14% | 0.13% | 0.11% | 0.11% | 0.18% | 0.25% | 0.14% | 0.04% |
| ▁▄▂▃▄▇█▇ | Tang. Book Value ($M) | $18 | $20 | $19 | $20 | $20 | $22 | $23 | $22 |
| ▁▂▃▄▄▆██ | Gross Loans ($M) | $117 | $120 | $124 | $126 | $127 | $134 | $138 | $139 |
| ▁▂▆▆▆█▆▇ | Total Deposits ($M) | $172 | $179 | $195 | $197 | $196 | $209 | $198 | $203 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 86% |
| C&I / Commercial | 6% |
| Consumer | 7% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 25% |
| Interest-Bearing (core) | 67% |
| Brokered / Other | 8% |