Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.35% | -0.00 | 1.35% |
| Return on Equity (%) | ▼ | 8.49% | -0.82 | 9.31% |
| Net Interest Margin (%) | ▲ | 4.73% | +0.45 | 4.28% |
| Efficiency Ratio (%) | ▼ | 61.35% | +3.83 | 57.52% |
| Pre-Provision Profit ($M) | ▼ | $1 | -0.01 | $1 |
| Cost of Funds (%) | ▲ | 1.65% | -0.18 | 1.83% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $238 | -9.64 | $248 |
| Gross Loans ($M) | ▲ | $184 | +6.22 | $178 |
| Loan Growth YoY (%) | ▲ | 96.30% | +11.69 | 84.61% |
| Total Deposits ($M) | ▼ | $187 | -18.22 | $205 |
| Shareholders Equity ($M) | ▲ | $39 | +3.32 | $36 |
| Tang. Book Value ($M) | ▲ | $39 | +3.32 | $36 |
| Loan / Deposit Ratio (%) | ▲ | 96.30% | +11.69 | 84.61% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.86% | +0.29 | 0.57% |
| Allowance / Loans (%) | — | 2.15% | -0.22% | 2.37% |
| Net Charge-Off Ratio (%) | ▼ | 1.11% | +0.32 | 0.78% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 28.50% | +1.23 | 27.27% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▁▃▅▆█ | Net Interest Margin (%) | 4.32% | 4.29% | 4.27% | 4.28% | 4.39% | 4.50% | 4.57% | 4.73% |
| ▂▁▁▂▅▇█▂ | Return on Assets (%) | 1.36% | 1.33% | 1.34% | 1.35% | 1.42% | 1.47% | 1.50% | 1.35% |
| ▃▃▃▃▂▁▁█ | Efficiency Ratio (%) | 57.6% | 58.0% | 57.6% | 57.5% | 56.9% | 56.2% | 56.3% | 61.4% |
| ▁▇█▆▆▅▄▂ | Cost of Funds (%) | 1.54% | 1.91% | 1.99% | 1.83% | 1.86% | 1.79% | 1.74% | 1.65% |
| ▁▂▄▅▄▃▅█ | NPA / Assets (%) | 0.15% | 0.28% | 0.48% | 0.57% | 0.50% | 0.36% | 0.58% | 0.86% |
| ▁▂▄▆▅▃▆█ | Net Charge-Off Ratio (%) | 0.19% | 0.36% | 0.62% | 0.78% | 0.66% | 0.47% | 0.77% | 1.11% |
| ▁▂▃▄▅▆██ | Tang. Book Value ($M) | $34 | $34 | $35 | $36 | $37 | $38 | $39 | $39 |
| ▅▆▄▁███▆ | Gross Loans ($M) | $183 | $184 | $182 | $178 | $188 | $187 | $186 | $184 |
| ▅▆▅████▁ | Total Deposits ($M) | $198 | $200 | $197 | $205 | $205 | $206 | $205 | $187 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 87% |
| C&I / Commercial | 6% |
| Consumer | 6% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 27% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 20% |