Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.91% | +0.26 | 1.65% |
| Return on Equity (%) | ▲ | 23.85% | +0.55 | 23.30% |
| Net Interest Margin (%) | ▲ | 5.02% | +0.25 | 4.77% |
| Efficiency Ratio (%) | ▲ | 61.87% | -5.48 | 67.35% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.14 | $0 |
| Cost of Funds (%) | ▲ | 0.58% | -0.08 | 0.66% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $120 | +3.56 | $117 |
| Gross Loans ($M) | ▲ | $85 | +10.48 | $75 |
| Loan Growth YoY (%) | ▲ | 76.41% | +7.96 | 68.44% |
| Total Deposits ($M) | ▲ | $110 | +2.33 | $108 |
| Shareholders Equity ($M) | ▲ | $10 | +1.21 | $8 |
| Tang. Book Value ($M) | ▲ | $10 | +1.23 | $8 |
| TBV excl. AOCI ($M)** | ▲ | $11 | +1.10 | $10 |
| Loan / Deposit Ratio (%) | ▲ | 76.41% | +7.96 | 68.44% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.86% | -0.05 | 0.90% |
| Allowance / Loans (%) | — | 1.25% | -0.03% | 1.27% |
| Net Charge-Off Ratio (%) | ▲ | 1.21% | -0.20 | 1.41% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.22% | -0.92 | 14.14% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▂▂▇██ | Net Interest Margin (%) | 4.69% | 4.72% | 4.75% | 4.77% | 4.77% | 4.97% | 5.03% | 5.02% |
| ▁▃▁▂▁▅▅█ | Return on Assets (%) | 1.62% | 1.70% | 1.63% | 1.65% | 1.61% | 1.78% | 1.78% | 1.91% |
| █▆███▆▅▁ | Efficiency Ratio (%) | 67.6% | 66.1% | 67.5% | 67.4% | 67.6% | 65.5% | 65.4% | 61.9% |
| ▅██▄▄▅▃▁ | Cost of Funds (%) | 0.69% | 0.76% | 0.74% | 0.66% | 0.66% | 0.68% | 0.64% | 0.58% |
| ▁▁██▇▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.98% | 0.90% | 0.84% | 0.00% | 0.08% | 0.86% |
| ▁▁███▁▁▇ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 1.46% | 1.41% | 1.32% | 0.00% | 0.12% | 1.21% |
| ▁▆▁▃▄███ | Tang. Book Value ($M) | $8 | $9 | $8 | $8 | $9 | $9 | $10 | $10 |
| ▁▁▃▃▅▄▆█ | Gross Loans ($M) | $71 | $72 | $76 | $75 | $78 | $78 | $81 | $85 |
| ▁▂▁▃█▆▅▅ | Total Deposits ($M) | $105 | $106 | $104 | $108 | $114 | $111 | $110 | $110 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 41% |
| Interest-Bearing (core) | 53% |
| Brokered / Other | 6% |