Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.45% | -0.06 | 0.51% |
| Return on Equity (%) | ▼ | 5.00% | -1.23 | 6.23% |
| Net Interest Margin (%) | ▲ | 4.35% | +0.10 | 4.25% |
| Efficiency Ratio (%) | ▼ | 89.36% | +1.59 | 87.77% |
| Pre-Provision Profit ($M) | ▼ | $0 | -0.01 | $0 |
| Cost of Funds (%) | ▲ | 1.19% | -0.17 | 1.36% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $104 | -1.71 | $105 |
| Gross Loans ($M) | ▲ | $60 | +2.09 | $58 |
| Loan Growth YoY (%) | ▲ | 66.19% | +4.76 | 61.43% |
| Total Deposits ($M) | ▼ | $90 | -3.56 | $93 |
| Shareholders Equity ($M) | ▲ | $9 | +0.90 | $8 |
| Tang. Book Value ($M) | ▲ | $9 | +0.90 | $8 |
| Loan / Deposit Ratio (%) | ▲ | 66.19% | +4.76 | 61.43% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.24% | +0.20 | 0.05% |
| Allowance / Loans (%) | — | 1.66% | -0.07% | 1.74% |
| Net Charge-Off Ratio (%) | ▼ | 0.42% | +0.33 | 0.08% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 15.31% | +0.35 | 14.96% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▁▃▁▃██▃ | Net Interest Margin (%) | 4.28% | 4.27% | 4.32% | 4.25% | 4.33% | 4.49% | 4.52% | 4.35% |
| ▆▇█▂▄▆█▁ | Return on Assets (%) | 0.65% | 0.69% | 0.74% | 0.51% | 0.56% | 0.65% | 0.73% | 0.45% |
| ▃▂▁▇▅▄▂█ | Efficiency Ratio (%) | 84.4% | 83.5% | 82.5% | 87.8% | 86.8% | 85.1% | 83.5% | 89.4% |
| ▇██▃▃▃▁▁ | Cost of Funds (%) | 1.61% | 1.68% | 1.72% | 1.36% | 1.36% | 1.33% | 1.22% | 1.19% |
| ▇▂▇▁██▇▆ | NPA / Assets (%) | 0.27% | 0.09% | 0.26% | 0.05% | 0.30% | 0.31% | 0.25% | 0.24% |
| █▂▇▁██▇▇ | Net Charge-Off Ratio (%) | 0.51% | 0.17% | 0.43% | 0.08% | 0.52% | 0.49% | 0.42% | 0.42% |
| ▁▄▃▃▅▇██ | Tang. Book Value ($M) | $8 | $8 | $8 | $8 | $9 | $9 | $9 | $9 |
| ▁▁▅▃▂▇█▆ | Gross Loans ($M) | $57 | $57 | $60 | $58 | $58 | $61 | $62 | $60 |
| █▇▃█▄▁▆▅ | Total Deposits ($M) | $95 | $92 | $87 | $93 | $88 | $83 | $91 | $90 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 16% |
| Consumer | 8% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 38% |
| Interest-Bearing (core) | 52% |
| Brokered / Other | 11% |