Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.28% | +0.16 | 1.12% |
| Return on Equity (%) | ▼ | 16.20% | -1.02 | 17.22% |
| Net Interest Margin (%) | ▲ | 3.96% | +0.20 | 3.76% |
| Efficiency Ratio (%) | ▲ | 61.92% | -2.51 | 64.43% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.07 | $0 |
| Cost of Funds (%) | — | 0.79% | 0.00 | 0.79% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $139 | +3.11 | $136 |
| Gross Loans ($M) | ▲ | $66 | +8.50 | $58 |
| Loan Growth YoY (%) | ▲ | 52.14% | +6.93 | 45.21% |
| Total Deposits ($M) | ▼ | $125 | -0.62 | $126 |
| Shareholders Equity ($M) | ▲ | $11 | +2.46 | $9 |
| Tang. Book Value ($M) | ▲ | $11 | +2.47 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $14 | +2.26 | $12 |
| Loan / Deposit Ratio (%) | ▲ | 52.14% | +6.93 | 45.21% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.91% | +0.29 | 0.62% |
| Allowance / Loans (%) | — | 0.94% | 0.01% | 0.94% |
| Net Charge-Off Ratio (%) | ▼ | 1.93% | +0.46 | 1.47% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 21.82% | -1.46 | 23.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▁▃▆▇██ | Net Interest Margin (%) | 3.69% | 3.64% | 3.63% | 3.76% | 3.90% | 3.95% | 4.01% | 3.96% |
| ▁▁▁▁█▆▅▁ | Return on Assets (%) | 1.08% | 1.08% | 1.08% | 1.12% | 4.26% | 3.22% | 2.71% | 1.28% |
| ████▁▂▃▇ | Efficiency Ratio (%) | 66.9% | 67.9% | 68.1% | 64.4% | 35.6% | 41.1% | 45.1% | 61.9% |
| ▂█▅▃▁▂▃▃ | Cost of Funds (%) | 0.77% | 0.88% | 0.82% | 0.79% | 0.76% | 0.79% | 0.80% | 0.79% |
| ▁▆▃▃▆▄▇█ | NPA / Assets (%) | 0.52% | 0.79% | 0.63% | 0.62% | 0.78% | 0.71% | 0.85% | 0.91% |
| ▁▇▄▄▇▅▇█ | Net Charge-Off Ratio (%) | 1.15% | 1.80% | 1.52% | 1.47% | 1.76% | 1.58% | 1.80% | 1.93% |
| ▄▆▁▁▃█▅▇ | Tang. Book Value ($M) | $9 | $11 | $9 | $8 | $9 | $11 | $10 | $11 |
| ▁▂▂▃▅▇██ | Gross Loans ($M) | $54 | $56 | $57 | $58 | $61 | $63 | $65 | $66 |
| ▄▁█▇▇▂▅▆ | Total Deposits ($M) | $123 | $119 | $128 | $126 | $126 | $121 | $124 | $125 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 2% |
| Consumer | 9% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 23% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 16% |