Quarterly Snapshot
| Metric | Q4'25 | YoY Δ | Q4'24 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▼ | 0.63% | -0.38 | 1.00% |
| Return on Equity (%) | ▼ | 6.60% | -4.10 | 10.70% |
| Net Interest Margin (%) | ▲ | 3.58% | +0.02 | 3.56% |
| Efficiency Ratio (%) | ▼ | 73.96% | +13.35 | 60.61% |
| Pre-Provision Profit ($M) | ▼ | $-1 | -4.78 | $3 |
| Cost of Funds (%) | ▲ | 2.04% | -0.12 | 2.16% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $956 | +32.62 | $924 |
| Gross Loans ($M) | ▲ | $719 | +11.17 | $708 |
| Loan Growth YoY (%) | ▼ | 83.58% | -1.91 | 85.49% |
| Total Deposits ($M) | ▲ | $854 | +31.97 | $822 |
| Shareholders Equity ($M) | ▲ | $95 | +6.32 | $89 |
| Tang. Book Value ($M) | ▲ | $95 | +6.32 | $89 |
| TBV excl. AOCI ($M)** | ▲ | $100 | +5.74 | $94 |
| Loan / Deposit Ratio (%) | ▼ | 83.58% | -1.91 | 85.49% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.67% | +0.34 | 0.32% |
| Allowance / Loans (%) | — | 0.80% | 0.01% | 0.80% |
| Net Charge-Off Ratio (%) | ▼ | 0.84% | +0.41 | 0.42% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 14.46% | +0.43 | 14.03% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q1'24 | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | |
|---|---|---|---|---|---|---|---|---|---|
| ▂▃▇▇▁▃▇█ | Net Interest Margin (%) | 3.50% | 3.52% | 3.56% | 3.56% | 3.49% | 3.52% | 3.56% | 3.58% |
| ▇▆███▅▇▁ | Return on Assets (%) | 0.95% | 0.91% | 1.00% | 1.00% | 0.96% | 0.84% | 0.95% | 0.63% |
| ▂▂▁▁▁▂▁█ | Efficiency Ratio (%) | 62.2% | 62.8% | 60.8% | 60.6% | 61.5% | 62.0% | 60.0% | 74.0% |
| ▁▃▆█▄▅▄▅ | Cost of Funds (%) | 1.83% | 1.96% | 2.05% | 2.16% | 1.97% | 2.01% | 1.99% | 2.04% |
| ▃▂▁▂▆▅▇█ | NPA / Assets (%) | 0.40% | 0.34% | 0.26% | 0.32% | 0.52% | 0.49% | 0.59% | 0.67% |
| ▃▂▁▂▆▆▇█ | Net Charge-Off Ratio (%) | 0.51% | 0.44% | 0.35% | 0.42% | 0.71% | 0.66% | 0.76% | 0.84% |
| ▁▂▄▅▅▆██ | Tang. Book Value ($M) | $81 | $83 | $88 | $89 | $89 | $92 | $95 | $95 |
| ▁▃▄▅▆██▇ | Gross Loans ($M) | $676 | $696 | $700 | $708 | $710 | $728 | $724 | $719 |
| ▁▃▅▄▇██▆ | Total Deposits ($M) | $753 | $792 | $826 | $822 | $873 | $894 | $881 | $854 |
Portfolio Composition — Q4'25
| Loan Mix | % |
|---|---|
| Real Estate | 88% |
| C&I / Commercial | 8% |
| Consumer | 1% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 7% |