Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.51% | +0.10 | 0.41% |
| Return on Equity (%) | ▲ | 4.92% | +0.30 | 4.62% |
| Net Interest Margin (%) | ▲ | 4.27% | +0.43 | 3.84% |
| Efficiency Ratio (%) | ▲ | 83.47% | -0.72 | 84.20% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▼ | 0.59% | +0.06 | 0.53% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $121 | -1.60 | $122 |
| Gross Loans ($M) | ▲ | $59 | +3.27 | $56 |
| Loan Growth YoY (%) | ▲ | 54.28% | +4.40 | 49.88% |
| Total Deposits ($M) | ▼ | $108 | -2.92 | $111 |
| Shareholders Equity ($M) | ▲ | $12 | +1.17 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.17 | $11 |
| TBV excl. AOCI ($M)** | ▲ | $15 | +1.10 | $14 |
| Loan / Deposit Ratio (%) | ▲ | 54.28% | +4.40 | 49.88% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.12% | +0.04 | 0.09% |
| Allowance / Loans (%) | — | 0.85% | -0.10% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 0.26% | +0.07 | 0.19% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 20.09% | +0.58 | 19.51% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▂▂▁▁▂▃█ | Net Interest Margin (%) | 3.84% | 3.92% | 3.94% | 3.84% | 3.89% | 3.91% | 3.96% | 4.27% |
| ▁▅▆▃▆▇██ | Return on Assets (%) | 0.36% | 0.44% | 0.47% | 0.41% | 0.45% | 0.48% | 0.51% | 0.51% |
| █▃▁▇▇▅▂▅ | Efficiency Ratio (%) | 84.9% | 82.7% | 81.7% | 84.2% | 84.3% | 83.4% | 82.3% | 83.5% |
| ▁▁▄▆██▇█ | Cost of Funds (%) | 0.40% | 0.39% | 0.48% | 0.53% | 0.61% | 0.58% | 0.57% | 0.59% |
| █▄▄▃▁▄▄▄ | NPA / Assets (%) | 0.30% | 0.13% | 0.13% | 0.09% | 0.00% | 0.13% | 0.12% | 0.12% |
| ▇▇█▆▁█▇▇ | Net Charge-Off Ratio (%) | 0.25% | 0.26% | 0.27% | 0.19% | 0.00% | 0.30% | 0.25% | 0.26% |
| ▁▄▃▅▆███ | Tang. Book Value ($M) | $10 | $11 | $10 | $11 | $11 | $12 | $12 | $12 |
| █▅▃▂▁▁▂▇ | Gross Loans ($M) | $60 | $58 | $57 | $56 | $55 | $55 | $56 | $59 |
| ▅▁▄▇▃█▁▃ | Total Deposits ($M) | $109 | $107 | $109 | $111 | $108 | $112 | $107 | $108 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 74% |
| C&I / Commercial | 9% |
| Consumer | 17% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 36% |
| Interest-Bearing (core) | 58% |
| Brokered / Other | 6% |