Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.64% | +0.12 | 0.51% |
| Return on Equity (%) | ▲ | 3.75% | +0.52 | 3.23% |
| Net Interest Margin (%) | ▲ | 3.42% | +0.32 | 3.10% |
| Efficiency Ratio (%) | ▲ | 68.44% | -7.75 | 76.19% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.27 | $1 |
| Cost of Funds (%) | ▲ | 1.96% | -0.08 | 2.04% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $362 | -8.23 | $370 |
| Gross Loans ($M) | ▲ | $289 | +4.03 | $285 |
| Loan Growth YoY (%) | ▲ | 95.44% | +3.49 | 91.95% |
| Total Deposits ($M) | ▼ | $299 | -6.91 | $306 |
| Shareholders Equity ($M) | ▲ | $61 | +2.40 | $59 |
| Tang. Book Value ($M) | ▲ | $61 | +2.40 | $59 |
| Loan / Deposit Ratio (%) | ▲ | 95.44% | +3.49 | 91.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.44% | +0.14 | 0.30% |
| Allowance / Loans (%) | — | 1.31% | -0.03% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.50% | +0.12 | 0.38% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 27.43% | +1.36 | 26.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▃▂▂▁▃▅▇█ | Net Interest Margin (%) | 3.21% | 3.17% | 3.16% | 3.10% | 3.19% | 3.27% | 3.37% | 3.42% |
| ██▅▁▁▁▁▅ | Return on Assets (%) | 0.74% | 0.73% | 0.64% | 0.51% | 0.52% | 0.54% | 0.54% | 0.64% |
| ▂▃▅▆▆▇█▁ | Efficiency Ratio (%) | 70.0% | 72.2% | 75.0% | 76.2% | 75.2% | 77.2% | 79.1% | 68.4% |
| ▃██▅█▅▆▁ | Cost of Funds (%) | 2.01% | 2.12% | 2.10% | 2.04% | 2.11% | 2.04% | 2.07% | 1.96% |
| ▁▄▄▄▄█▇█ | NPA / Assets (%) | 0.18% | 0.30% | 0.28% | 0.30% | 0.30% | 0.42% | 0.38% | 0.44% |
| ▁▅▄▅▅█▇█ | Net Charge-Off Ratio (%) | 0.23% | 0.38% | 0.37% | 0.38% | 0.38% | 0.52% | 0.47% | 0.50% |
| ▁▃▃▄▅▆██ | Tang. Book Value ($M) | $57 | $58 | $58 | $59 | $60 | $60 | $61 | $61 |
| ▁▁▂▃▄█▇▆ | Gross Loans ($M) | $282 | $283 | $284 | $285 | $287 | $294 | $291 | $289 |
| ▁▂▆█▄▁▁▂ | Total Deposits ($M) | $297 | $298 | $303 | $306 | $301 | $297 | $297 | $299 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 80% |
| C&I / Commercial | 2% |
| Consumer | 18% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 17% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 9% |