Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 1.80% | -0.06 | 1.86% |
| Return on Equity (%) | ▼ | 14.70% | -0.96 | 15.66% |
| Net Interest Margin (%) | ▼ | 5.55% | -0.21 | 5.76% |
| Efficiency Ratio (%) | ▲ | 55.73% | -0.44 | 56.17% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.02 | $1 |
| Cost of Funds (%) | ▲ | 1.97% | -0.24 | 2.21% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $147 | +7.23 | $140 |
| Gross Loans ($M) | ▲ | $132 | +5.68 | $126 |
| Loan Growth YoY (%) | ▼ | 100.49% | -2.76 | 103.26% |
| Total Deposits ($M) | ▲ | $129 | +8.84 | $120 |
| Shareholders Equity ($M) | ▲ | $17 | +1.36 | $16 |
| Tang. Book Value ($M) | ▲ | $17 | +1.36 | $16 |
| Loan / Deposit Ratio (%) | ▼ | 100.49% | -2.76 | 103.26% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.52% | +0.11 | 0.42% |
| Allowance / Loans (%) | — | 1.37% | 0.04% | 1.34% |
| Net Charge-Off Ratio (%) | ▼ | 0.59% | +0.12 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▇██▃▇▆▇▁ | Net Interest Margin (%) | 6.05% | 6.12% | 6.17% | 5.76% | 6.03% | 5.99% | 6.03% | 5.55% |
| ▄▅▇▃█▆█▁ | Return on Assets (%) | 1.88% | 1.91% | 1.96% | 1.86% | 2.01% | 1.96% | 2.00% | 1.80% |
| █▇▇▇▁▂▄▆ | Efficiency Ratio (%) | 56.5% | 56.0% | 55.9% | 56.2% | 53.7% | 54.4% | 54.9% | 55.7% |
| ▄▅▇██▆▆▁ | Cost of Funds (%) | 2.09% | 2.10% | 2.17% | 2.21% | 2.21% | 2.13% | 2.14% | 1.97% |
| █▆▆▅▁▁██ | NPA / Assets (%) | 0.50% | 0.46% | 0.45% | 0.42% | 0.29% | 0.28% | 0.51% | 0.52% |
| █▇▅▅▁▁██ | Net Charge-Off Ratio (%) | 0.56% | 0.53% | 0.49% | 0.46% | 0.33% | 0.33% | 0.56% | 0.59% |
| ▁▂▅▂▄▆█▆ | Tang. Book Value ($M) | $16 | $16 | $17 | $16 | $17 | $17 | $18 | $17 |
| ▁▂▆▆▅▆██ | Gross Loans ($M) | $114 | $117 | $125 | $126 | $125 | $127 | $132 | $132 |
| ▁▂▃▃▅█▆▇ | Total Deposits ($M) | $113 | $118 | $120 | $120 | $124 | $132 | $125 | $129 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 79% |
| C&I / Commercial | 20% |
| Consumer | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 61% |
| Brokered / Other | 17% |