Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +1.00 | 0.04% |
| Return on Equity (%) | ▲ | 9.00% | +8.73 | 0.27% |
| Net Interest Margin (%) | ▲ | 4.07% | +0.21 | 3.86% |
| Efficiency Ratio (%) | ▲ | 73.80% | -23.20 | 97.00% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.32 | $0 |
| Cost of Funds (%) | ▲ | 2.11% | -0.23 | 2.34% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $135 | +17.34 | $118 |
| Gross Loans ($M) | ▲ | $105 | +14.05 | $91 |
| Loan Growth YoY (%) | ▼ | 87.37% | -0.36 | 87.73% |
| Total Deposits ($M) | ▲ | $119 | +16.25 | $103 |
| Shareholders Equity ($M) | ▲ | $16 | +0.95 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +0.95 | $15 |
| Loan / Deposit Ratio (%) | ▼ | 87.37% | -0.36 | 87.73% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.04% | 0.08% | 0.96% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 14.77% | -2.03 | 16.79% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▅▆██▇ | Net Interest Margin (%) | 3.49% | 3.52% | 3.64% | 3.86% | 3.94% | 4.12% | 4.18% | 4.07% |
| ▃▂▃▁▂▄▆█ | Return on Assets (%) | 0.29% | 0.28% | 0.36% | 0.04% | 0.25% | 0.50% | 0.67% | 1.04% |
| ▆▆▅█▆▄▂▁ | Efficiency Ratio (%) | 91.1% | 89.5% | 87.0% | 97.0% | 90.2% | 82.9% | 78.6% | 73.8% |
| ▅█▅▄▅▄▁▁ | Cost of Funds (%) | 2.42% | 2.68% | 2.41% | 2.34% | 2.39% | 2.34% | 2.08% | 2.11% |
| ██▁▁▁▁▁▁ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ██▁▁▁▁▁▁ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▁▃▄▆▆█ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $15 | $15 | $15 | $16 |
| ▁▂▃▄▅▆█▇ | Gross Loans ($M) | $79 | $85 | $89 | $91 | $95 | $99 | $109 | $105 |
| ▁▁▂▄▃▆▇█ | Total Deposits ($M) | $88 | $89 | $92 | $103 | $98 | $109 | $114 | $119 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 21% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 16% |
| Interest-Bearing (core) | 60% |
| Brokered / Other | 24% |