Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.04% | +0.29 | 0.75% |
| Return on Equity (%) | ▲ | 7.80% | +2.34 | 5.46% |
| Net Interest Margin (%) | ▲ | 3.99% | +0.14 | 3.86% |
| Efficiency Ratio (%) | ▲ | 72.09% | -6.87 | 78.96% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.11 | $0 |
| Cost of Funds (%) | ▲ | 2.06% | -0.19 | 2.25% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $118 | +8.48 | $109 |
| Gross Loans ($M) | ▲ | $97 | +6.49 | $91 |
| Loan Growth YoY (%) | ▲ | 105.20% | +3.81 | 101.39% |
| Total Deposits ($M) | ▲ | $91 | +2.89 | $88 |
| Shareholders Equity ($M) | ▲ | $16 | +1.07 | $15 |
| Tang. Book Value ($M) | ▲ | $16 | +1.07 | $15 |
| Loan / Deposit Ratio (%) | ▲ | 105.20% | +3.81 | 101.39% |
| Credit Quality | ||||
| NPA / Total Assets (%) | — | 0.00% | 0.00 | 0.00% |
| Allowance / Loans (%) | — | 1.23% | 0.01% | 1.22% |
| Net Charge-Off Ratio (%) | — | 0.00% | 0.00 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 16.26% | +0.28 | 15.98% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| █▇█▁▃▅▅▅ | Net Interest Margin (%) | 4.10% | 4.05% | 4.11% | 3.86% | 3.95% | 3.99% | 3.99% | 3.99% |
| █▆▄▁▂▂▂▄ | Return on Assets (%) | 1.45% | 1.23% | 1.05% | 0.75% | 0.90% | 0.92% | 0.93% | 1.04% |
| ███▇▄▃▃▁ | Efficiency Ratio (%) | 80.3% | 79.6% | 79.3% | 79.0% | 75.7% | 74.8% | 74.4% | 72.1% |
| █▆▇▅▂▃▁▁ | Cost of Funds (%) | 2.37% | 2.29% | 2.33% | 2.25% | 2.10% | 2.17% | 2.09% | 2.06% |
| ▄▄▄▄▄▄▄▄ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▄▄▄▄▄▄▄▄ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| ▁▂▂▃▅▆▇█ | Tang. Book Value ($M) | $14 | $15 | $15 | $15 | $15 | $16 | $16 | $16 |
| ▁▄▅▆▆▇██ | Gross Loans ($M) | $77 | $86 | $89 | $91 | $91 | $95 | $98 | $97 |
| ▁▃▄▇▆▇██ | Total Deposits ($M) | $75 | $81 | $82 | $88 | $88 | $89 | $92 | $91 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 98% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 19% |
| Interest-Bearing (core) | 47% |
| Brokered / Other | 34% |