Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.42% | +0.20 | 0.22% |
| Return on Equity (%) | ▲ | 1.41% | +0.27 | 1.14% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.24 | 4.02% |
| Efficiency Ratio (%) | ▲ | 84.34% | -13.43 | 97.77% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.41 | $0 |
| Cost of Funds (%) | ▲ | 0.95% | -0.25 | 1.20% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $292 | +60.45 | $231 |
| Gross Loans ($M) | ▲ | $216 | +22.65 | $194 |
| Loan Growth YoY (%) | ▲ | 105.77% | +0.45 | 105.32% |
| Total Deposits ($M) | ▲ | $203 | +20.43 | $183 |
| Shareholders Equity ($M) | ▲ | $86 | +41.14 | $45 |
| Tang. Book Value ($M) | ▲ | $86 | +41.14 | $45 |
| Loan / Deposit Ratio (%) | ▲ | 105.77% | +0.45 | 105.32% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.10% | -0.14 | 0.24% |
| Allowance / Loans (%) | — | 0.76% | 0.02% | 0.73% |
| Net Charge-Off Ratio (%) | ▲ | 0.14% | -0.15 | 0.28% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 63.45% | +27.37 | 36.08% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▅▆▁▂▁▄▇ | Net Interest Margin (%) | 4.32% | 4.19% | 4.23% | 4.02% | 4.06% | 4.03% | 4.14% | 4.27% |
| ▁▃▃▅▅▄▇█ | Return on Assets (%) | -0.01% | 0.11% | 0.12% | 0.22% | 0.25% | 0.21% | 0.37% | 0.42% |
| █▇▇█▆▆▃▁ | Efficiency Ratio (%) | 99.4% | 96.7% | 96.2% | 97.8% | 93.8% | 93.9% | 88.6% | 84.3% |
| ▂▅▅▄▅█▃▁ | Cost of Funds (%) | 1.03% | 1.26% | 1.25% | 1.20% | 1.25% | 1.51% | 1.15% | 0.95% |
| ▁▁▇█▇▇▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.18% | 0.24% | 0.21% | 0.18% | 0.11% | 0.10% |
| ▁▁▇██▇▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.22% | 0.28% | 0.25% | 0.22% | 0.14% | 0.14% |
| ▁▁▁▁▁▁██ | Tang. Book Value ($M) | $44 | $44 | $44 | $45 | $45 | $45 | $85 | $86 |
| ▁▁▂▂▃▇▇█ | Gross Loans ($M) | $189 | $192 | $193 | $194 | $199 | $212 | $213 | $216 |
| ▁▅▄▄▅█▆█ | Total Deposits ($M) | $166 | $186 | $185 | $183 | $186 | $204 | $190 | $203 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| C&I / Commercial | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 54% |
| Interest-Bearing (core) | 22% |
| Brokered / Other | 23% |